Commercial Property
Freehold 46-room Sims Avenue hotel hits market at $29.9m
Freehold 46-room Sims Avenue hotel hits market at $29.9m
Asset at 56 Sims Avenue priced at about $650,000 per room under EOI exercise closing May 20.
Savills lifts office rent growth view to 5%
CBD rents hit their highest since 2019.
Frasers Centrepoint weighs $470m White Sands divestment
The trust's manager signals regulatory disclosure pathway remains open pending material development.
Keppel REIT posts 1.27-cent DPU as NPI rises 9.7% in Q1
Its total portfolio was valued at about $11.8b.
People’s Park Complex restaurant unit up for sale at $8m guide price
The EOI closes 20 May.
Grade A office supply surge set to peak in 2028
Low completions in 2026 and 2027 give way to a higher delivery cycle in 2028, Cushman & Wakefield data shows.
Singapore plans major redevelopment of migrant worker recreation centres
Soon Lee and Kaki Bukit recreation centres will be expanded into larger, multi-use hubs.
JTC awards Kaki Bukit site to Chiu Teng Enterprises for $131.89m
Five bids were received for the site.
CapitaLand Trust sells Asia Square Tower 2, buys Paragon
The divestment will be completed by H2 2026.
JTC concludes $131.9m tender as 2025 land pipeline shuts
Chiu Teng Enterprises secured the parcel under the second half 2025 IGLS programme.
CBD Grade A office rents climb 1.4% in Q1 as tight supply squeezes tenants
Vacancy rates fall to 4.1% as flight-to-quality demand persists.
Office rents rise for fifth straight quarter as CBD vacancy tightens
Flight-to-quality demand and limited supply keep occupancy tight despite global uncertainty.
Office rents steady as vacancy tightens to 3% in Q1
Prime rents hold at $11.57 psf as supply tightens and vacancy trends lower.
Vidacity opens One-North hub amidst startup deployment bottleneck
It will have 80 pilots planned over five years to push startups beyond testing phase.
Changi Airport to redevelop former CIP terminal into private travel hub
New facility at Terminal 2 to include private suites, lounges and event spaces by 2027.
Keppel DC REIT’s DPU rises 13.2% to 2.833 cents in Q1
Distributable income climbed 20.7% to $74.6m, supported by acquisitions and portfolio gains.
Singapore mixed-use investment sales hit $1.9b in Q1
Hougang Central and Centrepoint deals lift volumes.
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