Commercial Property
Non-prime regions capital values increased up to 2.5% in 1Q11
Non-prime regions capital values increased up to 2.5% in 1Q11
Central and East Coast regions are now at a record of $1,043 per sq ft, exceeding the previous high of $1,020 per sq ft achieved in 4Q10.
Ang Mo Kio industrial site sold for $128.13mn
Sim Lian Development Pte Ltd placed the highest bid, while the second highest bid was $125.78 million submitted by Qinghe and Qingdao Construction.
Urban Redevelopment Authority launches new residential sites at Jalan Loyang Besar / Sembawang Road
The residential sites can potentially yield about 970 housing units.
KOH Brothers Group granted $63.15mn contract
The contract was awarded by Phileap Pte Ltd. for condominuim development at Khiang Guan Avenue.
Raffles Place rents set to smash $10psf mark
And the bad news for tenants doesnt end there, with property firm Colliers predicting they may hit $12 psf this year.
Orange Tee sold half of "Everitt Edge" since March 19 launch
EXCLUSIVE: 18 out of 36 residential units have been sold in under 2 weeks. According to the property developer’s Senior Group Associate Director Roy...
New home take-up dropped to 3,200-3,400 for the year
The result is 20-25 percent lower than the 4,241 units sold in Q4 of 2010
Average resale price of leasehold condominiums inched up by 0.8% in Q1 2011:DTZ
The average resale price of freehold non-landed condiminiums in the prime districts of 9, 10 and 11 rose by 0.4% quarter-on-quarter.
JTC launches tender for site at Fusionopolis Link
The site covers 30 hectares in one-north, according to JTC Corporation.
The Hanging Gardens of Singapore: 6 Battery Road gets a Babylonian makeover
Named the “Rainforest Rhapsody”, the vertical garden of about 2,000sq ft is populated by a rich array of about 120 plant species.
Strong investor appetite moves CapitaMall Trust to raise a further $100mn in $350mn bond issue
The lead manager has upsized the option in full due to favourable demand for the convertible bonds.
The Clementi Mall 100% leased
Almost half of its tenants are opening for business today and the remaining tenants will follow soon after.
Grade A office rents up 11.2% over last 3 months:Colliers
Year growth is expected to come up to about 25%, reaching $2,500- 2,700psf by end 2011.
Singapore industrial real-estate investment trusts' expansion into China poses risk:Moody's
The competition for industrial properties in Singapore is intensifying, said Moody's.
URA releases industrial site at Woodlands Ave 12
This is the second of the four industrial sites to be released for sale under the Reserve List of the 1st half 2011 Government Industrial Land Sales...
Mall operators may raise rents by 6.5% or more this year: DBS
Despite 2.6msf of retail space over 2009/2010 falling to 0.9msf p.a over the next 2 years, landlords will still get a raise.
Singapore office property market up 8% quarter-on-quarter in 1Q 2011:Colliers
Average monthly gross rents Grade A office space reached S$9.72 per sq ft in 2011.
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