Commercial Property

AI giants expand in CBD whilst corporates stay put to avoid relocation costs

No new CBD supply until 2027 as Raffles Place rents reach $11.69 psf pm.

Balestier Centre launched for $180m collective sale

It will have no land betterment charge payable.

Prime office space tightens despite overall gains

CBD Grade A rents rose 1.1% as vacancy hit a nine-quarter low.

No new Grade A supply through 2027 pushes firms to look beyond CBD

Alexandra and Paya Lebar gain demand as Core CBD space tightens.

JustCo brings ‘the boring office’ to CBD after SGX listing

The space is designed for start-ups, entrepreneurs, and SMEs.

OUE REIT proposes $500m Crowne Plaza Changi Airport sale

Unitholders may receive $20m in staggered special distributions.

Frasers Property proposes $2.1b hospitality portfolio overhaul

Stabilised assets will transfer to TCCGI at a valuation premium.

South Bridge shophouse hits market at $33.4m as CBD demand holds

The freehold asset offers F&B and office mix in Upper Circular precinct.

GuocoLand unit prices $110m notes at fixed 2.5%

They are expected to mature on 30 September 2030.

Tuas pharmaceutical facility put up for sale at $90m

The nine-hectare site has about 535,000 sq ft of untapped gross floor area for potential expansion.

FLCT renews management deals with Frasers property units

The agreements maintain fee structures across Australia and overseas assets.

MPACT prices $200m green notes due 2033

The proceeds will be used to finance or refinance eligible green projects under its green finance framework.

CDL-Hong Realty venture wins Peck Hay Road site for $542.4m

The tender price translates to $20,076.25 per sq m of GFA. 

Freehold Jalan Ulu Siglap site up for sale at $28m

The 13,523 sq ft property is currently used as a nursing home. 

Two HDB shophouses up for sale in Toa Payoh Central and Kovan

Both have commercial space on the first floor and living quarters upstairs.