Commercial Property
URA launches tender for Pioneer Road North / Soon Lee Street industrial site
The land parcel, zoned for Business 2 development, has a site area of about 1.7 ha.
URA launches tender for Pioneer Road North / Soon Lee Street industrial site
The land parcel, zoned for Business 2 development, has a site area of about 1.7 ha.
South Beach project to be completed in 2015
It will comprise 644,871 sq ft of office space, 60,924 sq ft of retail space, 701 hotel rooms and 180 residential apartments.
CapitaMalls Malaysia to acquire East Coast Mall for S$125.84mn
The mall, with occupancy rate of 97%, and with a 7.1% forecast property yield for 2011 seen to produce income and geographical diversification for...
Tsunami-stricken Japan’s non-life insurance sector still resilient
This is despite earthquake losses for five major Japanese non-life insurers totaling PY400bn for the residential sector and JPY200bn for the...
Orchard Road ranks 26th on world’s top premier retail streets
Prime rents rose by 10.8% to US$366 per sq ft.
Decentralising: 62% of commercial space released outside CBD
Move was also seen as an attempt to minimise volatility in prime rents.
Government to provide sites for 14,200 private residential units in 2H 2011
Most of the private residential sites, including 4 EC sites, are located in the Outside Central Region or in locations in the Rest of Central Region...
Ascendas REIT seals $110m deal with Jurong Town Corporation
The project is a 25k sqm business park site at Fusionopolis which comprises 60% business park space and 40% office space.
Is the Jurong Gateway development too ambitious?
Analyst says the targets set at the Jurong Gateway site require somewhat vigorous occupancy rates in the first year to attain the desired 6% yield.
Capitaland's Jurong site to strengthen property values in the west
Jurong Lakeside regional hub is expected to grow up to 2.5 times that of Tampines regional hub.
Would you pay $737 million for this building?
It was bought for just US$214 million in 2006, but now the German owners are expected to put it up for sale next week as commercial real estate...
Singapore ranks 16th on prime retail rent
New York City remains the world’s most expensive retail destination, with Hong Kong and Sydney at second and third place.
CapitaMalls et al to develop shopping mall and office at Jurong Gateway
The total development cost is expected to be approximately S$1.5 billion.
URA accepts joint tender by CapitaLand et al
The Jurong Gateway site located at Boon Lay Way was awarded at S$969 million.
Experts warn of ‘perfect property storm’ in 2014
With owners now waiting 25 years to recover their property investment through rent, there is only one way this market is heading, argues DTZ.
Expect continued office price and rental increases: DTZ
Forecast for the commercial and industrial markets was based on the projected economic growth of 4-6%. According to DTZ’s Money into Property report...
Delinquent Aussies reach all-time high
Looks like the Aussies are on a very tight budget.
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