Commercial Property

Irving Place site awarded to Oxley Vista

The company’s $43 million bid bested those of the other developers.

Irving Place site awarded to Oxley Vista

The company’s $43 million bid bested those of the other developers.

Are office spaces turning into ghost towns?

There is seen a continued drop in overall average occupancy rate for Grade A office space in the CBD, and supply just keeps coming.

Office property market is not overheating after all

Thanks to competition for tenants, rental growth of Grade A office space has been in check.

CapitaLand subsidiary subscribes to 116mn rights shares in Central China Real Estate

CapitaLand maintains hold of 27.11% of total shares in CCRE comprising a total of 658mn shares of HK$0.01 each.

URA launches Robinson Road / Cecil Street site

The 0.29 ha commercial site can generate about 32,000 sqm of gross floor area.

CapitaLand to oversee Ophir-Rochor site development

Its subsidiary CapitaLand Commercial Project Services has been appointed by the joint venture between Khazanah and Temasek.

Land deal with Malaysia to work under one condition: analyst

Absorption of the upcoming supply is forecast to be manageable, although analyst says there should be this one little assumption.

Singapore and Malaysia to develop $10bln real estate projects

These are part of the agreement that had Malaysia giving up its control of railway land in Singapore.

Hotel site at Kallang Riverside released

The precinct will have a wide range of uses developed within a park and riverfront setting.

Gambas Avenue / Gambas Crescent industrial site released

It can be developed for light industry, clean industry, utilities or telecommunication uses.

Hong Kong’s loss is Singapore’s gain

Shortage of office space in Hong Kong is driving expanding companies to set up their regional bases in Singapore.

URA closes tender for Irving Place site

Oxley Vista outbid others with $43 million.

Tiger’s roar in Singapore

Kuala lumpur – one of the hottest tourist destinations in the world, ranked top 5 by Euromonitor International as a top city destination in 2009...

Collective sale market revives on lowered prices

The recent en-bloc at Braddell Park for $665 psf is encouraging others like Brookvale Park to seek a sale at $950 psf, notes DMG.

77 Robinson Road in CBD up for sale

Sources say the building could fetch $750 million.

AREIT raised S$393m in March 2011 for potential acquisitions

Ascendas REIT submitted bids for JTC’s ready-built industrial facilities with 15 flatted factories, six amenity centres and 1,749 car-park lots.

Market Street Car Park to be torn down

It will be closed permanently from 30 June 2011 to be redeveloped into a new office tower. CapitaCommercial Trust has been granted permission for the...