Commercial Property
Auctioned properties jumped to 9-year high at 454 listings in H1
The aggregate value of properties sold at auctions plummeted to $35.3m.
Suntec REIT bullish amidst office rents upturn
Suntec City's relatively lower rents of $10 to $11 psf/month could lure more tenants.
Daily Briefing: LTA buys 66 new trains for $1.2b; SGX and NSE patch wounds for GIFT City talks
And co-living rental startup Hmlet buys its Hong Kong competitor.
URA allows business operations in some Tiong Bahru residential sites
They will address infringement cases of businesses operating in residential sites without approval.
Mapletree Industrial Trust's NPI up 1.9% to $69.46m in Q1
Its average portfolio occupancy fell to 88.3% from 90% in Q1.
Suntec REIT's NPI up 2% to $123.7m in H1
Its properties yielded high committed occupancy rates.
Frasers Centrepoint Trust's Q3 net property income jumped 13.7% to $35.01m
Revenue recovered after Northpoint City North Wing’s revamp.
Banking tenant terminates lease in Ocean Financial Centre
The tenant paid a one-off pre termination fee amounting to $12m.
Ascott serviced residences could bolster CapitaLand Ascott's fee income by 50%
The 75,000-unit serviced residence has 31,500 units in the pipeline.
Property curbs leave Keppel untouched in H1 2018
Singapore and China property trading gains even partially backed the 214% net profit jump to $603m.
CBD Aether locks in purchase of Keppel's 51% stake in Beijing prime site
CBD Aether has paid $125.2m to exercise the option to buy the property.
Wheelock Properties' privatisation bid revives missed chances in West Orchard
The general offer is translating to a payment of $3.61 per share for an associate linked to West Orchard.
CapitaLand Commercial Trust could get a boost from rising rents
Its committed occupancy rate could also uplift the firm.
CapitaLand Commercial Trust's revenue up 9.8% to $194.43m in H1 2018
The value of its total investment properties rose 6.7% to $10.6b after acquiring Gallileo.
Can city fringe shophouses be safe havens in a shaken property market?
Gains in capital and rents boosted interest in properties in Jalan Besar, Kampong Glam, and Little India.
Shophouses get a chance in market hit by property curbs
These properties could stand out as investments in homes lose their shine, an analyst said.
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