Commercial Property
Singapore corporates resume workplace investment amid hybrid shift
Singapore corporates resume workplace investment amid hybrid shift
55% of local organisations still mandate office attendance to some degree.
Singapore retail vacancy dips to 6.9% in Q3
About 540,000 sq ft of new retail space is estimated to enter the market in 2025, down from 679,000 sq ft in 2024.
Prime REIT sees increased occupancy at US assets in Q3
The firm’s Washingtonian and Utah portfolios saw 85% and above 90% occupancy, respectively.
Office markets in Singapore stable in Q3: Realion Research
Leasing activity during the period was predominantly driven by renewal contracts.
COTD: Auction listings jump 10% QoQ in Q3
The increase was driven by 85 mortgagee sale listings.
Joo Chiat Road commercial property up for sale for $5.25m
The ground floor shop unit has a strata floor area of 120 square metres.
Soon Hock Property announces Kaki Bukit property disposal
It granted Bright Oasis an option to purchase the site for $1.5m.
COTD: CBD Grade A Office rents hit $9.93 after 0.8% Q3 rise
It was the sixth consecutive QoQ increase.
FLCT property valuation hits $6.7b
Its Singapore properties were valued at $856m.
What lies ahead for the shophouse market in Q4?
Ultra-wealthy investors may take profits and shift to safe-haven assets.
Bukit Sembawang net profit after tax slides 25% YoY in H1
It cited lower revenue from property and hospitality segments for $47m profit.
CapitaLand Investment closes CLARA II fund at $849.5m
CLI said the fund aims to transform underutilised assets by partnering with best-in-class operators.
Lendlease REIT proposes $270m private placement
Issue price of $0.697 and $0.616 per new unit to raise the $270m proceeds.
Three prime strata assets launched for sale from $3m to $10.5m
The most valuable of the three is an industrial canteen at Premier@Kaki Bukit, with a guide price of $10.5m.
Elite UK REIT’s NPI dips 0.5% YoY in 9M
The company linked this to expenses incurred for asset repositioning initiatives.
HDB coffeeshop goes on sale for the first time since 1998
It is located at 253 Choa Chu Kang Avenue 1.
Conserved shophouse at 8 North Canal Road listed for $16.8m sale
The property comprises three storeys plus an attic, with an estimated built-up area of 3,154 sq ft on 953 sq ft of land.
Commentary
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