Commercial Property

Two adjoining residential sites for sale in Upper Serangoon

The freehold units at 1 Surin Avenue and 790 Upper Serangoon Road are for sale by tender until 15 August.

Two adjoining residential sites for sale in Upper Serangoon

The freehold units at 1 Surin Avenue and 790 Upper Serangoon Road are for sale by tender until 15 August.

Keppel inks joint venture with CT Properties

With a total development cost of about S$70 million, Keppel does not expect significant earnings from the joint venture.

Two refurbished shophouses up for grabs at Pagoda Street

The adjoining 3.5-storey units are for sale by expressions of interest until 27 July, 3 pm.

Office space capital values crumble due to rent easing

Even the Raffles Place/New Downtown micro-market's values will slip by 5% end-2012.

Prime industrial property prices to surge by 9% in 2H12

Both prime conventional and high-specs premises will also increase by 0.5%.

Orchard monthly rents slip in 4Q11

Prime ground floor gross rents were steady around S$38.5 per sq ft per month for 2 years before slipping to SGD$38.30.

URA to launch 1st storey site at Tai Thong Crescent

The 0.82-ha property will be for sale by public tender in two weeks.

Strata-titled office sales quadruples to $485.03 million

This crazy climb was likely triggered by the increase in the number of new launches in 2Q12.

Private property sales rocket to a massive 131.1%

This beyond double surge is from the $2.41b-worth of 10 big-ticket deals.

Investors more cautious in buying industrial spaces

Blame it on URA's efforts to clamp down on the unauthorised use of industrial space.

Ascendas REIT lags in portfolio occupancy

Its multi-tenanted buildings portfolio was only 90% occupied as of end-FY12.

Chart of the Day: Rates of Grade A office rent fall

The average monthly rent of CBD Grade A offices was S$8.47 per sq ft in the second quarter of 2012.

Warehouse rents surge to new highs in 2Q12

Prime conventional warehouse rents for upper floor space exceeded their last peak in Year 2008 by 17%.

CapitaCommercial Trust still haunted by vacancy risks

Good thing half the total leases expiring in FY12 have already been addressed.

CapitaLand to get more than S$100m from bundled deal with ART

CapLand's S$98.9m profit from the sale of its two assets excludes gains from the eventual sale of the redeveloped Cairnhill Somerset back to Ascott...

Chart of the Day: Vacancy rate in Raffles Place/Marina Bay area up to 7.5% in Q2

Net demand for Grade A office space was lower than the absorption level in 2011 as a result of the difficult economic environment.