Commercial Property
Strata industrial sales hit 5-year low in Q1
Strata industrial sales hit 5-year low in Q1
Sales volume dropped to 351 transactions in Q1, as businesses put expansion plans on hold.
Sasseur REIT taps Cheng Hsing Yuen as new COO
His appointment took effect on 3 June.
UOB Kay Hian maintains positive view on S-REITs amidst stability
With the 10-year Singapore government bond yield at 2.4% and the 3-month compounded SORA at 2.3%.
Relaxed height rules could spur property boom near Changi
Private apartments from the 1990s could end up being ripe for collective sale.
JTC awards Tukang Innovation Drive site in $81.9m tender
The tender, which was launched on 31 December 2024 and closed on 8 April 2025, attracted five bids in total.
CapitaLand Ascendas REIT raises $500m in private placement
It issued 202 million units at $2.47 each.
S-REITs shift to cash-backed yields, eye 5.5% in FY 2025
It aims to minimise dilution and align distributions with recurring cash earnings.
CapitaLand Ascendas REIT to acquire two properties for $700m
The deals boost CLAR’s Singapore portfolio by 6.6% to $11.7b.
PAG, Tencent to acquire Chinese mall chain operator Wanda
The deal is estimated to be at $8.88b.
Piccadilly Galleria relaunched for sale at $67.5m
The property was initially launched in October 2024.
MacPherson Industrial Complex sold for $103.9m
The tender for the site closed on 22 May.
Bukit Sembawang profit up 13% to $51.4m in H2
However, revenue for the period fell 24%.
Manulife US REIT secures six-month extension for asset disposal
Lenders also approved the sale of the Peachtree office building.
BHG Retail REIT posts 95% committed occupancy rate in Q1 FY2025
It reported a WALE of 2.8 years by gross rental income.
RealVantage expands into South Korea with $71m logistics investment
Construction and leasing are expected to start in Q4 2026.
Kimly unit acquires coffee shop at Yishun Ring road
The purchase consideration stood at $11m.
LHN sells Geylang Road property for $25.8m
It was sold to CWL Properties.
Read Here
Advertise
Sign Up
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’