Commercial Property
City Developments raises South Beach stake to two thirds
City Developments raises South Beach stake to two thirds
It is estimated that CDL could be paying about $150-170 million for Dubai World's one-third stake.
City Developments reports net profit of $749mn in 2010
The Group's balance sheets continue to be healthy with net gearing ratio at 29 per cent.
Jones Lang LaSalle appoints Hugo Bagué and Martin Nesbitt to its Board of Directors
Bagué will join the Board’s Compensation Committee and Nesbitt will join the Board’s Audit Committee.
URA awards the White Site to GuocoLand
The land parcel will be transformed into a high-quality office and hotel development within the Central Business District.
Moody's: Singaporean CMBS transactions enjoy good performance
Moody's revealed that cash flow from properties backing Singaporean Commercail Mortgage Backed Securitization has been strong. This has been an...
Singapore developer to build affordable housing in China
CapitaLand is in China will focus on China's affordable housing market, despite the recent cooling measures by the authorities to curb speculation.
Singapore total investment spending in non-residential properties doubled to $9.1bn in 4Q 2010
While prime office rents in Asia Pacific are forecast to increase by 6.2% in 2011, property investment sales in Singapore are expected to remain...
Amber Towers up for collective sale at $168mn to $172mn
The condominium project along Meyer Rd has a potential GFA of 145,813 sqft.
Rents in Asia edged up by 9.6% in 2010 as demand for office spaces in Singapore heightened
Rental growth in Singapore accelerated to 12.2% in the fourth quarter while rents in Beijing and Shanghai also continued to appreciate.
A record US$5bn poured into Singapore real estate investment in 4Q 2010
Real estate investment volume in Singapore accounted for 31% of Asia's total volume for the last quarter of 2010.
Capital Square expects bids of up to $2,500psf
The succesful transaction of Capital Square should help to lift property valuation in the vicinity, said DBS.
2 Havelock Road up for sale for $302mn
AEW, the seller, has carried out an extensive refurbishment by increasing its NLA by about 20 percent.
Private home sales fell 11% in January 2011
New projects that were launched in January saw weaker take-up of less than 50 percent.
Singapore's January private home sales drop 9.7%
Private residential market remained affordable in January as 46.2% of all private units sold were in the <$1,000psf price range.
Property measures not meant to kill the market
It is unnatural to expect property prices to remain strong, said MND Minister Mah.
Singapore office rents surged 10% in 4Q 2010
Boosted by robust occupier demand amid a buoyant economy, Singapore office rents grew the fastest in Asia Pacific.
Hong Kong beats Singapore again as second most expensive location in Asia Pacific
Tokyo remains the most expensive location having occupancy cost of US$105.09 per sq ft per annum.
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