Commercial Property
CDL Hospitality Trusts’ NPI down 11.9% YoY in H1
CDL Hospitality Trusts’ NPI down 11.9% YoY in H1
Net property income for the period was $58.6m.
JTC launches two sites in H2 of IGLS Programme
The public tender for the land parcels is scheduled to close on 9 September 2025.
First Sponsor’s 1H profit soars 79% despite lower revenue
Revenue fell to $153.9m from $172.9m, largely due to fewer property handovers in China.
Decline in mortgagee sales slows auction listings in Q2
A decline in interest rates also has a role in this trend.
Freehold Geylang Hotel launched for sale at $23.5m
The property, located at 60 Lorong 8 Geylang, has a guide price of $23.5m.
Office space prices fall further in Q2
Island-wide vacancy rate declined to 11.4% QoQ.
Vacancy rate in retail space rises to 7.1% in Q2
Retail space prices inched up by 0.1%.
COTD: Commercial shophouse activity slows in Q2
There were only 18 shophouse transactions, falling 10% quarter-on-quarter.
ESR-REIT completes asset enhancement initiative
The initiative added 2,793 square metres of high-specification industrial space.
Keppel DC Reit NPI grows 37.8% in H1
It was mainly driven by acquisitions.
Creator-led retail space opens in Dempsey Hill
Reverie On Hill (ROH) positions itself as Singapore’s first creator-powered retail space that offers shoppers incentives
Industrial space hits 54 million sqm despite occupancy dip: JTC
Despite this softening, occupancy has remained relatively stable at around 89% since 2023.
CBD office rents steady in Q2
It was up by 1.1% QoQ, the highest increase since Q2 2023.
Mapletree Logistics Trust’s DPU down 12.4% YoY in Q1
Its net property income stood at $153.4m, a 2.1% YoY decline.
Elite UK REIT gets green light for Scotland student housing conversion
Following its development, the property will have a gross development value of $41.6m.
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