Commercial Property
Singapore’s factory, retail spaces shine as housing heads for worst in 16 years
Its manufacturing and tourism rebound will spur demand for industrial and high-street shops.
Singapore’s factory, retail spaces shine as housing heads for worst in 16 years
Its manufacturing and tourism rebound will spur demand for industrial and high-street shops.
Prime office rents in Raffles Place/Marina Bay rise 0.6% in Q3
The Q3 24 growth, however, is slower than the Q3 23 increase.
Mapletree Industrial Trust acquires 98.47% stake in Tokyo mixed-use facility
It will acquire the asset from Nagayama Tokutei Mokuteki Kaisha.
Keppel's Jencity divests 70% stake in Saigon Sports City Limited
Post divestment, Jencity will still have a 30% stake in SSCL.
Retail unit in 6/F Lucky Plaza on sale via private treaty
The property has an indicative price of $32m.
CLAS boosts Singapore portfolio with $263m lyf Funan acquisition
The acquisition is yield-accretive.
Millionaires eye a piece of Singapore’s rich colonial era
The city-state’s remaining 6,500 shophouses are in high demand amongst the ultra-rich.
Chencharu Close site likely to attract up to four bids
The tender for the site will close on 22 May 2025.
Savills bags $100m deal for 3 office floors in Tong Building
Savills brokered levels 6, 9, and 10 of Tong Building.
The Hour Glass to acquire more units in Tong Building for $68.5m
The company will acquire units #09-01 to #09-04 and #10-01 to #10-04.
UOL and SingLand in talks for acquisition of 50% stake in Sydney asset
The asset is an office and retail building.
HDB launches tender for Chencharu Close site
The tender will close on 22 May 2025.
First Sponsor raises $244m from oversubscribed rights issue
It issued the securities for $1.08 piece.
Sanli Environmental sells leasehold property for $5.3m
The company said that the property cannot accommodate its expanding operation.
Samsung Hub office unit sells for $14.8m
This is equivalent to $4,117 per sq ft.
COTD: Office rent growth remains flat in Q3 2024 amidst rising vacancies
Overall CBD Grade A office vacancy rate rose to 8.3% in Q3.
NTS opens new facility at 21B Senoko Loop
It was completed in partnership with ESR-LOGOS REIT.