Commercial Property
Industrial rents up 3.5% in 2024
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.
Frasers Centrepoint Trust achieves 99.5% retail portfolio occupancy in Q1
Shopper traffic increased by 2.7% YoY.
Sabana Industrial REIT 2024 DPU up 3.6% YoY at $0.0286
Net property income also rose 4.5% YoY.
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.
Former Sabana REIT director, unitholders call for EGM for asset price discovery
The view was the possible sale of the reit’s assets.
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.
CDL achieves over $600m from divestments in 2024
The divestments aim to enhance portfolio efficiency and returns.
Developers to remain 'selective' with GLS bids in 2025
Dairy Farm Walk and Tengah Garden Avenue tenders reflect developers' cautious approach.
Roxy Square relaunched for collective sale at $1.115b
This is a 10.8% reduction from its previous asking price of $1.25b.
Stoneweg EREIT updates green financing framework
The REIT was previously known as Cromwell European REIT.
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