Commercial Property

Why renewed interest in Orchard Road spells good news for S-REITs

Potential buyers are waiting for a clear turn in prime retail rents.

REITs set to outperform in 2025 with positive rental reversions: CGS

The firm has slightly raised its CYF MSCI target to 411.7 points, up from 409.3 points previously.

URA awards tender for Media Circle (Parcel A) site to highest bidder

The highest bidder offered $315m, or $11,158.34 per sq m of gfa for the site.

Boustead Projects form Pan-Asian logistics platform with Hong Kong’s Unified Industrial

The platform will target real estate opportunities in high-growth sectors.

Mapletree Logistics Trust divests 31 Penjuru Lane logistic site for $7.8m

The divestment is part of the company’s efforts to rejuvenate its portfolio.

Kimly completes acquisition of Serangoon coffee shop

The acquisition was completed on 11 March 2025.

Incredible Holdings plans reverse takeover with Sheng Tai International

Sheng Tai will inject prime Malaysian land into Incredible Holdings for shares.

DBS sees earnings shift for S-REITs despite high interest rates

It expects a DPU CAGR of over 2.1% from FY25 to FY26, signalling a recovery in investor payouts.

Jardine Matheson reports $623m net loss for FY2024

This was due to lower contributions from Zhongsheng and Hongkong Land.

GB Building office floor, retail unit in CBD up for sale

The ground-floor unit is priced at $45m, reflecting $3,443 per square foot on strata area.

Hongkong Land widens loss by 138% in FY2024

It was due to non-cash provisions from the Chinese mainland build-to-sell business.

JTC extends industrial land leases to boost business growth

This will cover the development phase to ensure businesses enjoy the full 20- or 30-year lease term.

More buildings must have lactation rooms in Q2

Installing a lactation room in Singapore will cost $20,000 to $40,000.

Singapore cap rates remained stable in Q4

Interest and inflation rates declined during the period.