Commercial Property
Chart of the Day: Condo listings under mortgagee sales grew 26.7% in Q1
Chart of the Day: Condo listings under mortgagee sales grew 26.7% in Q1
Private condo listings under mortgagee sales grew due to higher mortgage payments arising from growing interest rates.
Auction sales crashed 42.1% to $11.57m in Q1
It is attributed to buyers adopting a ‘wait-and-see’ attitude, waiting for upcoming new launches.
Frasers Logistics & Industrial Trust sells Australian property for $16.64m
The property is an older, non-core manufacturing-suited facility with an imminent lease expiry.
CapitaLand's China retail unit to sell CapitaMall Wuhu after shutdown
The mall has been closed since Q3 2018 following the exit of its anchor tenant.
ARA Asset Management buys mixed-use building in Australia's CBD
It plans to redevelop the 140,000 sqft property into a Grade A office tower.
Industrial sites in Jalan Papan and Gambas Way up for tender
Jalan Palan has a site area of 1.24ha whilst the Gambas Way site has 1.20ha.
URA Draft Master Plan to boost mixed-use properties in CBD
One of the plan’s main thrusts includes injecting more homes into the CBD.
URA eyes more homes for Singapore Downtown in 2019
Its Draft Master Plan 2019 includes turning Anson Road, Cecil Street, and Tanjong Pagar into urban neighbourhoods.
Golden Mile Complex attempts second en bloc sale at $800m
Its land area of approximately 1.3 hectares and is zoned for commercial use.
Luxury co-working spaces on the rise in Singapore
The Work Project launched MARK, its brand new members-only business club, whilst The Great Room has just signed on a 15,000 sqft space at Raffles...
Average Grade A CBD office rents hit a decade high at $10.63 psf in Q1 2019
Rents in the Marina Bay submarket led the increase.
Metro Manila's office vacancy rates firm at 5% in 2018 despite 36% supply growth
Philippines Economic Zone Authority-accredited buildings attracted the most tenants.
Sabana REIT's Tuas Avenue property deal called off
Its buyer, Kim Soon Lee (Lim) Heavy Transport, will be given a refund of $1.12m.
Mapletree Investments reveals design for Grade A office twin towers V Plaza in Vietnam
The 27-storey office complex will offer 66,000 sqm in net lettable area.
Keppel Capital and co-investors to buy Yi Fang Tower in Shanghai for $925.99m
It is made up of two 18-storey towers and a retail podium.
Chart of the Day: Warehouse rents may jump 2% to $1.80 psf by 2021
Occupancy rates are also projected to improve to 90% over 2019 and 2020.
Supermarkets lock horns for coveted HDB retail spaces
Smaller supermarket players such as Hao Mart are facing off against giants like Sheng Siong in a race to set up shop in new Housing and Development...
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