Commercial Property
Smith Street heritage shophouses up for sale at $33.25m
Smith Street heritage shophouses up for sale at $33.25m
They currently enjoy a 100% occupancy rate.
China property sales could bolster earnings for Keppel in H2
Property prices continue to soar despite the cooling measures.
HDB launches Pasir Ris Central site for tender
The 38,003 sq m mixed-used development site can yield up to 600 residential units.
CapitaLand Mall Trust to buy remaining 70% stake in Westgate for $789.6m
The transaction is targeted for completion by Q4 2018, depending on unitholders' approval.
Oxley Holdings full-year profits jumped 31% to $285.03m
Gains from its purchase of Chevron House boosted profits.
S-REITs fared well in July over increased attention from funds
The office sector could lead gains in S-REITS amidst its sustained rental improvements.
Ho Bee Land secures Singapore's first green loan
The $352.9m will be utilised to acquire a 21-storey commercial property in London.
Chart of the Day: New supply of industrial space hit 3.24 million sq ft in H1
Lagging demand brought occupancy rate 0.2 ppt down to 89.7%.
Daily Briefing: 8 in 10 e-commerce scams happened on Carousell platform; Manufacturing growth could slow down in industrial property sector by H2
And hybrid startup Spiking raises $1.2m.
Rents for high-specification industrial spaces grew 2.1% to $2.9 psf in H1
Rents in these properties led to the sector's recovery.
Income-producing property sales in Singapore fell 12% $10.2b in Q2
En-bloc deals hit $13.8b which is 58% of all land sold in H1 2018.
Singapore's retail scene welcomed back activity-based tenants in H1
They prefer the Orchard Road shopping belt and suburban districts.
Rising tourist arrivals boosted Orchard Road rents in H1
Its ground-floor rents could lead the gradual rental recovery from 2018 to 2022.
Chart of the Day: Retail vacancy dipped 7.3% in Q2
Landlords are urged to be flexible in setting rents to support occupancy rate in the coming quarters.
Retail property sales hit $695m in H1 2018
The highest transaction was for the 50% stake in Capitol Piazza and Capitol Theatre for $349m.
Retail vacancy could rise amidst supply influx
Ground floor rents in key areas could lead the gradual recovery amidst sustained flattening out of rents.
$778m Sengkang Central site could lure first-time homebuyers and upgraders
It has a potential to launch at $1,650 to $1,700 psf with a 10% margin.
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