Commercial Property

Starhill Global REIT DPU up by 1.1% in H1 2024

It was due to higher contributions from Singapore and Perth Properties.

Singapore office market growth to slow amidst occupier caution, rising supply

The influx of new developments may lead to a more competitive leasing environment and potential pressure on rental growth.

Singapore leads growth of APAC’s commercial real estate transaction volume

The country has a key position in APAC’s real estate market.

Industrial rents up 3.5% in 2024

This was a sharp decline from the previous year according to JTC.

Singapore’s property agent numbers rise to over 36,000 in 2025

The largest property agency in the country is PropNex.

Investment sales jump by over 35% to $26.61b in 2024: Savills

This growth was observed across all asset classes, with increases ranging from 12.1% to 133.1%

COTD: Industrial leasing declines by 8.6% QoQ in Q4 2024

The market only recorded a total of 3,020 industrial leasing transactions.

COTD: Industrial property sales value falls by over 70% QoQ in Q4 2024

Total sales decreased to $924.1m (369 deals) from $3.2b (500 deals) in the previous quarter.

Tower REIT posts $698,000 net income in Q2

Gross revenue increased by 10.4% to $3.03m (RM10m).

Hong Lai Huat proposes 40.5 million share placement to executive director

After the proposed placement, Ong and his family will own 51.1% of the company’s enlarged share capital.

Singapore’s real estate market surges 83% YoY in Q4 2024

Hospitality assets emerged as a key focus area, JLL noted.

United Hampshire US REIT divests Albany – Supermarket for $32.5m

The divestment consideration is 4.2% higher than the purchase price of $31.3m.

MLT divests 8 Tuas View Square for $11.18m

The divestment is part of MLT’s portfolio rejuvenation.