Commercial Property

Grade A Core CBD office rents mark fastest pace of increase since 2021

Rental growth accelerated from 1.4% QoQ in Q1 22 to 3.2% QoQ in Q2 22.

Singapore “safe haven” reputation to prop up prime grade office rents

Full-year office rent growth will come between 3% up to 5%.

CapitaLand Development buys prime mixed-use site in Vietnam

It is expected to be launched in 2024 and be completed in 2027.

Post-COVID property demand to buoy REITs earnings rebound

CICT, Frasers, and Mapletree Commercial Trust are best positioned to reap the benefits.

Yanlord’s Suhe Century project sold out at launch with $902.4m pre-sales

The property's average selling price was $155,290 per sqm.

Office floor in Suntec City on sale for $36m

The sale is open to both locals and foreigners.

Chart of the day: CBD Grade A rents rises by 1.6% in Q2

Vacancy rates to tighten to 4%, an analyst said.

SPH REIT's gross revenue rises 0.9% YoY to $211.6m in Q3

The growth was attributed to further relaxation of restrictions in SG and Australia.

Property investment sales jump to $8.2b in Q2 22

Sales were driven by the commercial sector.

Home affairs ministry eyes amending law on renovation fraud

From 2019-2021, there were 100 cases involving errant renovation contractors.

Rising interest rates: Which SREIT will be the biggest loser?

The DPU of an industrial REIT is expected to drop 15.0% in 2023.

Yanlord Land Group’s contracted pre-sales rise to $6.5b in H122

The H122 pre-sales translate to a 9.5% YoY jump.   Yanlord Land Group’s contracted pre-sales from residential and commercial units, and car parks rose...

SG is 2nd most transparent real estate market in Asia

The market improved its data coverage and sustainability commitments.

Deal to acquire Sime Darby Business Centre collapses

AIMS APAC REIT to be refunded of $1.02m option fee.

Ascott to acquire Oakwood Worldwide from MapleTree Investments

The acquisition will increase Ascott’s global portfolio by 81 properties.   CapitaLand Investment Limited’s lodging business, The Ascott Limited...