Commercial Property
Golden Shoe Car Park to add 635,000 sqft of office space
CapitaLand plans to complete renovation by 2021.
Golden Shoe Car Park to add 635,000 sqft of office space
CapitaLand plans to complete renovation by 2021.
Inside WeWork's first Singapore coworking space
Monthly rates range from $550 for a Hot Desk and around $1,100 up to $40,500 a month for private offices.
Frasers Property Limited's profit fell 46% to $136.77m in Q1
This was dragged by the 23.8% decline in revenue.
Frasers Property Limited invests $358m in Thai real estate developer
It will acquire 26.1% of ordinary shares.
Chart of the Day: Public commercial deals beat private deals in Q4
The public sale of Beach Road for $1.62b boosted the total.
Perennial Real Estate Holdings profit soars to $100.3m in 2017
This is despite a decrease of 32.4% YoY to $74.51m in revenue.
Real estate investments to hit $48b in 2018
Expect more growth in the office and residential market.
Shophouse sales up 30% to $183.2m in Q4
56 Pagoda Street was sold for $23m.
Commercial investment sales up 6.4% to $12b in 2017
Retail scored the largest commercial property deal with the $2.2b Jurong Point transaction.
OUE Commercial REIT suffers from lower renewed rents
They continue to decline as spot prices haven't recovered fast enough.
Co-working drove demand for office spaces in 2017
It made up 20% of major relocations and expansions in the market.
Ascendas-Singbridge inks partnership with Envision
Both aim to promote an innovative ecosystem for the country’s digitalisation.
Singapore's REIT sector is the sixth largest globally
It has a market cap of US$53b.
Wee Hur Holdings secures construction project for $43m
It will be used for building a church and nursing home.
Prime office rents inched up 1.5% in Q4
More tenants from various industries filled up spaces in all precincts.
Chart of the Day: Residential sales dominated investment transactions in Q4
Over $7.14b worth of sales comprised 66% of the total.
Energy firms enrich OUE Commercial REIT's portfolio
Customers from the sectors boosted rental income by 9.8%.