Commercial Property
Excelsior Hotel & Shopping Complex up for sale at $458m
Excelsior Hotel & Shopping Complex up for sale at $458m
It comprises a 5-level podium shopping centre and a tower block rising to 21 storeys
Sinarmas Land's revenue hits record high in FY22
The company's revenue soared 48.8% YoY to $1.3b.
S-Reits posts 7.1% increase in returns in January: report
This is above STI’s 3.5% total returns.
P-One (Tuas) Pte Ltd bags $2.6m tender for 25 Gul Drive site
The tender for the industrial site closed on 25 January.
Industrial property leasing volumes fall for first time in 11 years
Leasing of single- and multiple-use factory spaces slowed in Q4 2022.
ARA US Hospitality Trust’s NPI soars 66% YoY to US$41.4m in FY22
The higher NPI pushed the REIT”s DPS to US$0.03054.
Frasers Property secures 5-year SLL financing for Australian business
The SLL is worth $311.2m (A$340m) and $100.4m (US$75m).
Orchard Tower fails to sell
It did not obtain the required threshold for the collective sale.
Six-storey commercial building in Bugis for sale
Its indicative price is from $90m to $92m.
Retail units in Royal Square on sale: Savills
The sale will be closed on 24 March 2023.
Chart of the Day: Prime logistics rents in Singapore increasing
Singapore is one of the 17 APAC cities that recorded increasing rents.
Chart of the Day: Vacancy rate for office CBD buildings up 0.4% in Q4 22
Grade AA buildings posted the highest increase in vacancy rate.
Budget 2023: How will higher BSD rates impact the property market
The hike will affect 15% of residential and 60% of non-residential properties.
Growing demand for ESG-compliant offices expected in 2023: Savills
It will help offset impacts of economic woes on demand for office buildings.
Set of 3 freehold shophouses in South Buona Vista Road up for sale
The collective guide price for the shophouses is $22m.
GS Building sells for $67m
JVA Venture Pte Ltd won the tender for the property’s collective sale.
Read Here
Advertise
Sign Up
Commentary
RIE2030’s real test: Turning innovation into impact
What Singapore logistics operators often overlook when electrifying fleets
Singapore's mid-market leadership problem nobody is talking about
From ‘only’ to ‘one of’: What Thailand’s land bridge means for Singapore businesses now
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing