Commercial Property

Shophouse sales up 30% to $183.2m in Q4

56 Pagoda Street was sold for $23m.

Commercial investment sales up 6.4% to $12b in 2017

Retail scored the largest commercial property deal with the $2.2b Jurong Point transaction.

OUE Commercial REIT suffers from lower renewed rents

They continue to decline as spot prices haven't recovered fast enough.

Co-working drove demand for office spaces in 2017

It made up 20% of major relocations and expansions in the market.

Ascendas-Singbridge inks partnership with Envision

Both aim to promote an innovative ecosystem for the country’s digitalisation.

Wee Hur Holdings secures construction project for $43m

It will be used for building a church and nursing home.

Prime office rents inched up 1.5% in Q4

More tenants from various industries filled up spaces in all precincts.

Energy firms enrich OUE Commercial REIT's portfolio

Customers from the sectors boosted rental income by 9.8%.

Geylang mixed use site up for grabs for $36m

The site has a land rate of $948 psf ppr for commercial use or $704 ppr for institution use.

Chong Kuo Road site sold for $43.95m

Lian Soon Holdings Pte Ltd and OKP Land Pte Ltd placed the winning bid.

Golden Shoe Car Park redevelopment to boost CCT's income

The property is expected to be finished by 2021.