Commercial Property

CapitaLand buys China developer for US$2.2 billion

The acquisition will double the company’s China property portfolio from 1.4m sqm to 2.8m sqm.  

CapitaLand buys China developer for US$2.2 billion

The acquisition will double the company’s China property portfolio from 1.4m sqm to 2.8m sqm.  

Yanlord acquires land parcels in China for hotel project

Yanlord has purchased two adjacent land parcels in Hainan, China for $309.1 million.

GIC books losses on Manhattan investment

Citing the property's debt problems, the Government of Singapore Investment Corp said losses have been booked for its Stuyvesant Town investment.

KepLand tunnels deeper into Vietnam with third township

Keppel Land’s latest residential township project is located in Ho Chi Minh City’s prime District 2 site.

Unifiber wins construction contract worth $137 mln

The construction unit of United Fiber System (Unifiber) won the contract from Guocoland Group for a 12-storey condominium development project.

HDB launches 1291 build-to-order flats

The Housing and Development Board launched its two new BTO projects Choa Chu Kang and Buangkok Vale yesterday.

Slow, stable growth for 2010 property market

Private residential prices rose by 7.3% to from 154.3 pointsto 165.5 points in the 4th Quarter 2009, according to figures released by the Urban...

Demand for office space edges up by 0.3%

The suffering office sector looks to turn around as the year ended with returning demand and a slow down in rental decline rates.

Rents rise in Orchard Road

Gross rents of prime first-storey retail space in Orchard/Scotts Road increased by 1.0% to after falling 7.3% in previous four quarters.

2009 residential sales top property auction market at S$88.35mln

52% of the 118 properties sold on the Singapore property auction market were residential property sales, totalling S$88.35 million in 2009.

Industrial rents dive but capital values still rising

Capital values of private industrial space have been on the rise for two consecutive quarters despite the persisting decline in rents.

Profits disappear in the property market

A schizophrenic Q3 had property prices manically picking up with spots of panic-selling in august, while the months of November and December finally...

ARA launches new real estate management division

ARA Asset Management Limited has launched its real estate management services business division after being appointed property manager of Suntec REIT...

Pioneer Road industrial site closes after $8.2 mln bid

The tender for an industrial site along Pioneer Road North/Soon Lee Drive closed yesterday after an application bid of $8.2 million came in.

CBRE study: Executive Condominiums prices up 63%

A CB Richard Ellis study shows prices of Executive Condominiums (ECs) rode on bullish private residential market, causing the surge in their median...

iPhone could ring up profits for M1

Keppel Land’s head honcho Kevin Wong has a good reason to smile. Not only did Keppel Land report a strong set of figures for that period, it exceeded...

Down and out in the CBD

It is a long way down from the top of the office buildings that ring Raffles Place, and so it has been for the rents their landlords command. At the...