Commercial Property
Employers and developers refurbish offices to boost attendance
Employers and developers refurbish offices to boost attendance
Over 2 in 5 employers plan to increase investment in building refurbishment.
New ICA Services Centre to open on 7 April
The current ICA Building will be permanently closed to members of the public from 1 April.
King Wan to acquire Joo Koon Way property for $9.5m
It has a land area of 9353.9 square metres.
EC World REIT appoints new property, port managers
The agreements will run from 1 January to 31 December.
Why renewed interest in Orchard Road spells good news for S-REITs
Potential buyers are waiting for a clear turn in prime retail rents.
REITs set to outperform in 2025 with positive rental reversions: CGS
The firm has slightly raised its CYF MSCI target to 411.7 points, up from 409.3 points previously.
URA awards tender for Media Circle (Parcel A) site to highest bidder
The highest bidder offered $315m, or $11,158.34 per sq m of gfa for the site.
Boustead Projects form Pan-Asian logistics platform with Hong Kong’s Unified Industrial
The platform will target real estate opportunities in high-growth sectors.
Mapletree Logistics Trust divests 31 Penjuru Lane logistic site for $7.8m
The divestment is part of the company’s efforts to rejuvenate its portfolio.
Kimly completes acquisition of Serangoon coffee shop
The acquisition was completed on 11 March 2025.
Incredible Holdings plans reverse takeover with Sheng Tai International
Sheng Tai will inject prime Malaysian land into Incredible Holdings for shares.
DBS sees earnings shift for S-REITs despite high interest rates
It expects a DPU CAGR of over 2.1% from FY25 to FY26, signalling a recovery in investor payouts.
Office professionals take top spot in real estate earnings
They earn an average of $327,000 annually.
Jardine Matheson reports $623m net loss for FY2024
This was due to lower contributions from Zhongsheng and Hongkong Land.
GB Building office floor, retail unit in CBD up for sale
The ground-floor unit is priced at $45m, reflecting $3,443 per square foot on strata area.
Hongkong Land widens loss by 138% in FY2024
It was due to non-cash provisions from the Chinese mainland build-to-sell business.
Service sector growth to ease office vacancy in 2025
Office vacancy in 2024 rose 9.4%.
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