Commercial Property
Major real estate players announce joint bid for Jurong Lake District development
The project is expected to be completed in 10 to 15 years.
Grade A office rents hit 15-year high in Q1
Rents are expected to surge further in 2024 due to higher demand.
JTC launches new site at Lok Yang Way under the IGLS programme
The tender closes on 28 June 2024.
Five-storey industrial building for sale at $15m
The site is zoned for ‘Business 1’ use.
Luxury property market 'stable' despite GCB sales hitting record low
Only 23 good class bungalows were sold in 2023, the lowest in 27 years.
Keppel DC REIT’s NPI down 3% in 2023
Gross revenue for the period increased 1.4%.
Singapore climbs to sixth in resilient cities index
Savills said Singapore is projected to improve after the implementation of URA Master Plan 2025.
Prime grade office rents in Raffles Place, Marina Bay up 0.6% QoQ in Q1
There is a possibility of rent stabilization in the second half of 2024.
Oxley MTN issues $88m notes at 7.25% due in 2025
The notes are set to mature on 28 July 2025.
ESR revenue climbs 6% YoY in FY2023
The company’s EBITDA experienced a decline due to fair value losses and rising interest costs.
Oxley MTN Pte. Ltd. closes offer of $195m notes due 2024
The existing notes have an aggregate principal amount of $62.25m
FCT signs $155m credit pact with OCBC
HSBC will be the trustee of FCT under the facility agreement.
3-storey shophouse at 4 Craig Road up for sale via EOI
The property has a guide price of $3,200 per sq ft.
Sing Holdings introduces new logo for 60th anniversary
The new logo features an emblem shaped in the form of the letter ‘S’.
Amsterdam’s Bouwinvest pours US$75m into CLI’s lodging private fund
The private fund has a target equity size of $800m (US$596.04m).
3-storey industrial building in Bedok Reservoir Road hits market at $26m
The property has a built-up potential of about 268,125 sq ft.
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