Commercial Property

Recent GLS tenders prove developers are cautious not to overbid

Top bid at Fernvale Road site edged the second placer by mere 0.005%.

Recent GLS tenders prove developers are cautious not to overbid

Top bid at Fernvale Road site edged the second placer by mere 0.005%.

New office projects report strong pre-commitment rates in 3Q

Guoco Tower, for example, has 75% prior to TOP.

Centurion's Q3 net profit inches 1% up to $7.4m

Westlite Woodlands and ASPRIWestlite Papan slightly boosted earnings.

Singapore's office rental market is the weakest in the world: study

It posted the biggest office rental decline at 11.4% in 3Q.

CapitaLand to open 8 shopping malls in 2017

Combined gross floor area is close to 1m sqm.

CDL geared for more acquisitions

Its debt headroom is estimated to be less than $3b.

Haw Par Q3 net profit soars 21.3% to $42.4m

Improved property segment occupancy boosted its earnings.

Metro Holdings Q2 net profit down 11.8% to $16.4m

Closure of department stores badgered its earnings.

Chart of the Day: Industrial space rents buck downward trend

It registered a 1.0% increase to $4.20 per sq ft.