Commercial Property

CapitaLand toughens holding units in Ascott Reit

In an effort to organize asset ownership, the property giant transfers its entire interest in Somerset Capital to The Ascott Limited.

CapitaLand toughens holding units in Ascott Reit

In an effort to organize asset ownership, the property giant transfers its entire interest in Somerset Capital to The Ascott Limited.

Executive Condominium market makes comeback after 5-year hiatus

Yet HDB upgraders looking for new projects below $900 psf had fewer choices in the first half of 2010.

OUE makes strategic move to buy DBS Towers

The integrated developer eyes opportunities as it proposes to acquire the iconic towers for S$870.5 million.

Asia Pacific second quarter office markets recover

Singapore seen to outperform 6.2% prime rents growth forecast in the coming months.

Singapore's 13%-15% economic boom lifts property sector

Marina Bay offers most exciting opportunities as Singapore is on course to become Asia’s fastest-growing economy.

Heeton profit up 12% to $6.3mln

Set to commence construction of iLiv@Grange in second half of 2010 following Juluca and The Lumos.

Ascott Reit divests Jakarta property at $34mln

Company eyes S$5.7mln net gain while it pursues to seek acquisitions for further portfolio expansion.

Asians unseat foreigners as Asia Pacific's dominant property investors

Singapore among countries with most active market as its new tourist attractions likely to energise demand.

JTC grants tender offer to Ho Bee for S$410.99 mln

The industrial infrastructure developer sold a commercial site located in North Buona Vista Drive.

Singapore's 6.1% office rental growth is region's third highest

European debt crisis could hamper further growth of office space rental in the next quarters.

Ascott Reit bestows 773,988 property units as manager fees

The CapitaLand Limited’s subsidiary receives the Ascott Reit units for a price of S$1.1919 each, aside from the cash payment of S$922,516.81 as...

Singapore's prime rents up 3% in the second quarter

Despite demand growth, Asia's increased level of office space enquiries didn't immediately translate into leasing deals.

CapitaLand subsidiary acquires remaining 39.24% stake in Eurimeg

Takeover empowers group to exercise full management control over decisions for serviced residences.

Ascott targets 14,000 additional apartment units by 2015

Adds five Ascott-branded properties while it invests S$50mln to refurbish properties in Asia and Europe.

HDB launches BTO projects Senja Gateway and Corporation Tiara

The launch, which involves 1,016 units, pushed HDB’s total offering for the first seven months of 2010 to 9,844 new BTO flats.

SingPost first quarter profit up 3.2% to S$40.7mln

While other services posted growth, retail revenue dipped 1.2% behind lower contributions from agency and retail products.

HDB steps up enforcement against unauthorised subletting

59 flat owners are alleged to have violated the subletting rules.