Commercial Property
CapitaLand and CDL JV wins bid for Sengkang Central site for $777.78m
CapitaLand and CDL JV wins bid for Sengkang Central site for $777.78m
The 3.7 ha site will be developed into an integrated community hub with 700 apartments.
CBD Premium and Grade A office rents inched up 2.6% in Q2
CBD rents could further spike to around 10% to 12% in 2018.
Mixed use property sales jumped 30.2% to $1.5b in Q2
It was mainly backed by the public land sale of the $1.2b Holland Road property.
Chart of the Day: Commercial property sales ballooned 216.8% to $1.4b in Q2
The biggest transaction for the Q2 is the divestment of Twenty Anson for $516m.
Industrial property sales skyrocketed 295.1% to $794.4m in Q2
There was a rising institutional interest for data centres and hi-spec facilities amidst stabilising rents and prices.
Prime office tenants flee new buildings as landlords hold onto rising renewal rates
This bolstered net office take-up to 879,000 sqft, the highest since 2011.
CityDev's massive unsold landbank is key target for cooling measures
It faces heightened difficulty to sell its unsold stock.
CapitaLand to step up asset sales despite $3.1b in divestments in H1
The move is expected to boost ROE.
Supply crunch to boost Grade A office rents by 10% in 2018
Around 800,00 sqft of Grade A office space is expected to be completed by 2018 from 2.25m sq ft last year.
Half year net office take-up hits seven year high at 879,000 sq ft
This is about 75% higher than the five-year average (2013-2017).
Frasers Property Q3 profits down 8.6% to $182.41m
It blamed the timing of the sales and settlements in four of its major markets.
CapitaLand Q2 profits up 4.4% to $605.52m
Higher handover of units in China and new properties boosted revenue.
JTC tenders Corporation Drive industrial site
An applicant committed a bid price of $20.7m.
Three shophouse plots in Little India and Prime Chinatown launched for sale
Guide prices range from $6m to $18m.
OUE H1 profits plummeted 64.9% to $6.35m
It missed contributions from its development property division.
Climbing office rents could turn off tenants: CBRE
Singapore had the fourth strongest premier rental growth across Asia at over 4.1%.
Healthy demand in Australia bodes well for Frasers Logistics and Industrial Trust
The additional industrial supply did not hinder demand from flourishing in Sydney.
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