Commercial Property
CapitaMall Trust to acquire Iluma for $295mn
CapitaMall Trust to acquire Iluma for $295mn
Iluma has a net lettable area of 185,190 sq ft and is connected by an overhead link-bridge to the second storey of Bugis Junction.
URA releases industrial site at Pioneer / Soon Lee
A 1.7-hectare industrial site at Pioneer Road North / Soon Lee Street has been released under the Reserve List system today.
HDB releases 2 residential sites for sale
The Housing and Development Board released two residential sites for sale that can collectively generate about 1,440 dwelling units.
Home prices to drop 3-5% in 2011
This comes after private residential sales fell 10.7 m-o-m to 1,189 units in January.
URA releases industrial site at Pioneer Road North/Soon Lee Street on Reserve List
This is the first of the four new industrial sites to be released for sale under the Reserve List of the first half 2011 Industrial Government Land...
Tender in Bishan receives record 19 bids
There is a 27% gap between the top bid of $550.1 million and the second bid.
Singapore real estate investment sales up 65.7% in 2H 2010
A total of $21.77 billion worth of sales transactions were concluded during the second half of 2010.
Mainland Chinese buyers of residential properties in Singapore reach record 23% in Q4 2010
The proportion of mainland Chinese buyers rose 3% in Q4 2010 from 20% a quarter ago.
City Developments raises South Beach stake to two thirds
It is estimated that CDL could be paying about $150-170 million for Dubai World's one-third stake.
City Developments reports net profit of $749mn in 2010
The Group's balance sheets continue to be healthy with net gearing ratio at 29 per cent.
Jones Lang LaSalle appoints Hugo Bagué and Martin Nesbitt to its Board of Directors
Bagué will join the Board’s Compensation Committee and Nesbitt will join the Board’s Audit Committee.
URA awards the White Site to GuocoLand
The land parcel will be transformed into a high-quality office and hotel development within the Central Business District.
Moody's: Singaporean CMBS transactions enjoy good performance
Moody's revealed that cash flow from properties backing Singaporean Commercail Mortgage Backed Securitization has been strong. This has been an...
Singapore developer to build affordable housing in China
CapitaLand is in China will focus on China's affordable housing market, despite the recent cooling measures by the authorities to curb speculation.
Singapore total investment spending in non-residential properties doubled to $9.1bn in 4Q 2010
While prime office rents in Asia Pacific are forecast to increase by 6.2% in 2011, property investment sales in Singapore are expected to remain...
Amber Towers up for collective sale at $168mn to $172mn
The condominium project along Meyer Rd has a potential GFA of 145,813 sqft.
Rents in Asia edged up by 9.6% in 2010 as demand for office spaces in Singapore heightened
Rental growth in Singapore accelerated to 12.2% in the fourth quarter while rents in Beijing and Shanghai also continued to appreciate.
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