Commercial Property

Sports Hub rebrands as The Kallang, adds recreational venues

The precinct will offer new food and beverage concepts, a sheltered padel court, amongst others, before its completion in 2028.  

Centurion invests $5.1m in Perth student accommodation development

Stirling Highway will offer 472 beds and is set for completion in 2027.

Manulife US REIT plans to divest three properties to raise $453m

This forms part of its Growth and Value Up Plan. 

CBD Grade A office rents forecast to rise up to 7% in 2026

Vacancy rates are expected to fall below 4% amidst limited new supply.

Colliers completes $56.65m sale and leaseback of Framework Building

The building is located near Paya Lebar and features a flexible layout.

CDL sells Bespoke Hotel Osaka Shinsaibashi as capital recycling advances

The divestment follows CDL’s acquisition of the property in August 2023 for JPY 8.5b (around JPY 33.2m per key).

Orchard Road retail rents rise in 2025 as prime occupancy stays high

It noted a return to modest growth after several years of flat rents, driven by more than 98% prime occupancy in Tier-1 malls.

Shophouse with backlane in Joo Chiat up for sale at $14.5m

The 4,700-square-foot shophouse could accommodate a floor extension in its backlane strip.

Office workers raise concerns as flexibility gaps widen

Gaps persist in access to outdoor areas, wellness zones, recharge spaces, and creative collaboration environments.

Coliwoo forms JV to convert REHAU Building

It will be turned into a co-living asset.

Manulife US REIT secures 24-month US Treasury lease renewal for Penn property

The renewal increases the weighted average lease expiry to 2.3 years.

CDL unit divests California asset for $186.8m

This strengthens its capital recycling programme.

756 Upper Serangoon site launches for sale at $260m guide price

An outline planning proposal has been submitted for a scheme that includes serviced apartments and retail space.

City Developments' nine-month sale up to $2.5b

It also reported strong occupancy at its office and retail portfolio.

JTC awards $4m tender for Tuas Bay site

The land is located at Plot A Tuas Bay Drive and a site area of 6,338.1 square metres.

Singapore industrial leasing dips 4.5% in Q3

After four years of continuous growth, 30-year leasehold prices slipped 0.3% to $354 per square foot.