Commercial Property
Themed lifestyle stores gain ground in malls
Such stores include Daiso, Don Don Donki, Decathlon, and Muji.
Grade A office rents rise by 1.4% in Q3: report
This is the highest yearly growth in a quarter since end-2019, Savills noted.
Five-storey office building with 999-year tenure up for sale
The indicative price for the property is $120m.
Keppel Infrastructure opens 1st Green Mark Platinum Positive Energy building in Changi
The building is expected to yield about 600,000 kWh/year of renewable energy.
Property investment sales decline 33.4% QoQ in Q3
Higher interest rates and global political uncertainties affected investment sales.
Commercial investment sales down 64.6% QoQ to $718.4m in Q3
This is due to the lack of major transactions during the period.
Rental growth for prime logistical properties expected to moderate in 2023
Occupiers are more cautious in expanding due to ongoing global conflict.
Auctioned properties sold reached $48.92m in first 9 months of 2022
The number of properties sold increased by 19.23% compared to last year.
Shophouse transaction volume drops 49.3% QoQ in Q3
Despite lower volume, transaction value rose 31.6% QoQ to $330.1m.
Are S-Reits with exposure to Europe safe from Euro depreciation?
UOBKayHian advises to maintain buy for six Reits whilst hold for one Reit.
Industrial investment sales rose over three-fold in Q3
The investment sales increased to $673.4m.
Business parks’ submarkets rental gaps widens
City Fringe rents increased whilst the rest of the island remained flat.
Office take-up rate in 2022 to double year-on-year
The take-up rate reached 0.56 million square feet as of the end of Q3.
Retail rents continue to recover amidst improve shopper traffic and retail sales
Prime retail rents increased for the first time in four years.
Freehold coffee shop in East Coast Road up for sale
The guide price for the property is $22.8m.
BCA confers Green Mark Platinum Award to Keppel DC in Genting Lane
The award is the highest accolade conferred by BCA to new data centre developments.
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