Commercial Property

Strong hiring expectations to boost office property market

Buoyant business sentiment and corporate hiring is underpinning a strong office leasing market, said Jones Lang LaSalle.

Strong hiring expectations to boost office property market

Buoyant business sentiment and corporate hiring is underpinning a strong office leasing market, said Jones Lang LaSalle.

CIT in talks to acquire 5 & 7 Gul Street 1 property

The company has entered into a put and call option agreement with Precise Industries Pte Ltd in connection with the proposed acquisition.

Woodlands Avenue 12 industrial site up for tender

The Urban Redevelopment Authority launched a 2.06-hectare industrial site at Woodlands Avenue 12, Parcel 2, for public tender.

Office rents to favour Singapore landlords

Rental growth of up to 30% is expected across Asia Pacific this year, with the strongest growth likely to be seen in supply constrained markets.

Policy risks hang over Roxy Pacific's latest launches

Sales might be strong for the Toh Tuck Road project, but OCBC Research says policy overhang might slow down the company's momentum.

43 strata-titled units up for sale

The units are sprawled across the fourth and sixth storeys in Singapore Shopping Centre which is located at 190 Clemenceau Avenue.

Industrial leases soar in 1Q11 despite rates increase

1Q11 average monthly rent for island-wide industrial properties rose 3.27% QoQ and 23.4% YoY to $1.58 psf, according to CBRE.

Tuas Technology Park bags Hillview Avenue property

The company submitted the highest bid of $289.8 million for the commercial and residential site, said URA.

URA launches tender for industrial site at Woodlands Avenue 12

The industrial site is one of the four industrial sites to be released for sale under the Confirmed List of the 1H 2011 Industrial Government Land...

Tender for Hillview Avenue received highest bid of $289.8mn

The highest bid for the commercial and residential site came from Tuas Technology Park.

Singapore Land net profit up 5% in 1Q 2011

Net profit increased from $55.5 million to $58.2 million for the period ended 31 March 2011, said Singapore Land.

Oxley sells 60% of BizHub property in two days

The soft launch of phase one comprised of 364 units, with the factory and warehouse units booked at an average price of $677 psf.

Mapletree Industrial Trust occupancy surged 93.2% in 4Q 2011

This is on the back of high retention rate of 86%, indicating a strong underlying demand for industrial space.

Ascott appoints Tan Boon Khai as Regional General Manager for Singapore and Malaysia

He is responsible for driving the company's growth and ensuring operational effectiveness to enhance Ascott's presence in both markets, said Ascott.

a-iTrust 2010 profit down 4% to S$70.6mn

Yet the company’s revenue growth continued in FY2010/11 to S$121.5mn or 1% increase behind a steady performance from its basic portfolio.

Tender for comercial site at Paya Lebar Road/Eunos Road 8 awarded to joint bidder

Siong Feng Development, Guthrie and Sun Venture Commercial submitted the highest bid of $585.6 million in the tender for the site.

CIMB TCA invests AUD 84mln for Aussie property

The investment manager of CIMB Trust Capital Australian Office Fund No.1 LP acquired the Melbourne property from Investa Property Group.