Commercial Property
Banyan Tree PATMI surged 36% in 1Q11
PATMI increased to $10 million due to the gain on divestment of a development site and lower depreciation.
Banyan Tree PATMI surged 36% in 1Q11
PATMI increased to $10 million due to the gain on divestment of a development site and lower depreciation.
Singapore-based investors can now tap into Malaysian property sector
The next possible stop for venturing investors from Singapore definitely has to be its booming neighboring country, Malaysia, said a government...
URA to launch tender for industrial site at Tuas View Square
URA has received an application from a developer who has committed to bid at a price of not less than $4,888,888.00 in the tender for the land parcel...
OUE net profit jumped 23.3% in 1Q 2011
Overseas Union Enterprise net profit grew from $184.6 million to $227.6 million.
Strong hiring expectations to boost office property market
Buoyant business sentiment and corporate hiring is underpinning a strong office leasing market, said Jones Lang LaSalle.
CIT in talks to acquire 5 & 7 Gul Street 1 property
The company has entered into a put and call option agreement with Precise Industries Pte Ltd in connection with the proposed acquisition.
Woodlands Avenue 12 industrial site up for tender
The Urban Redevelopment Authority launched a 2.06-hectare industrial site at Woodlands Avenue 12, Parcel 2, for public tender.
Office rents to favour Singapore landlords
Rental growth of up to 30% is expected across Asia Pacific this year, with the strongest growth likely to be seen in supply constrained markets.
Policy risks hang over Roxy Pacific's latest launches
Sales might be strong for the Toh Tuck Road project, but OCBC Research says policy overhang might slow down the company's momentum.
43 strata-titled units up for sale
The units are sprawled across the fourth and sixth storeys in Singapore Shopping Centre which is located at 190 Clemenceau Avenue.
Industrial leases soar in 1Q11 despite rates increase
1Q11 average monthly rent for island-wide industrial properties rose 3.27% QoQ and 23.4% YoY to $1.58 psf, according to CBRE.
Tuas Technology Park bags Hillview Avenue property
The company submitted the highest bid of $289.8 million for the commercial and residential site, said URA.
URA launches tender for industrial site at Woodlands Avenue 12
The industrial site is one of the four industrial sites to be released for sale under the Confirmed List of the 1H 2011 Industrial Government Land...
Tender for Hillview Avenue received highest bid of $289.8mn
The highest bid for the commercial and residential site came from Tuas Technology Park.
Singapore Land net profit up 5% in 1Q 2011
Net profit increased from $55.5 million to $58.2 million for the period ended 31 March 2011, said Singapore Land.
Oxley sells 60% of BizHub property in two days
The soft launch of phase one comprised of 364 units, with the factory and warehouse units booked at an average price of $677 psf.
Mapletree Industrial Trust occupancy surged 93.2% in 4Q 2011
This is on the back of high retention rate of 86%, indicating a strong underlying demand for industrial space.
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