Commercial Property
Prime Tanjong Pagar shophouse hits market with $10m guide price
Prime Tanjong Pagar shophouse hits market with $10m guide price
PropNex is selling the property via an EOI exercise.
SME employees demand more wellness facilities in workspaces
One-third of SME employees said their workplaces lack wellness amenities.
SMEs prefer standard office spaces over co-working options
Only three in 10 SMEs opt for co-working spaces.
Industrial leasing volume decline 7.7% in Q1 over weak global trade demand
This is the lowest since 2020.
Environmental concerns drive demand for top-tier logistics facility in Singapore
There is a push for a sustainable and efficient supply chain in Singapore's industrial real estate market.
KSH Holdings warns of FY24 net loss amid soaring construction costs
The company will release its unaudited financial results on or before 30 May.
High Street Centre relaunched for second tender for $748m
Reserve price may still decline amid an ongoing garnering of fresh consensus.
Lendlease sells APAC life sciences business to Warburg Pincus JV
The company sold its interests to the JV for $129m.
PropertyGuru posts 11.9% revenue growth in 1Q24
A boost in revenue from its Singapore market drove the growth.
Islandwide private retail vacancy rate hits 10-year low
Vacancy rate fell to 6.6% in 1Q24.
Hong Lai Huat shareholders OK disposal of HLHI and HLHA Cambodia
The sale is worth around $50.57m (US$37.5m).
Former RJC site may be used for public housing: Huttons
The project may be launched under the Prime model.
Centurion JV inks 5-year master lease for HK property
The lessee will covert the property to student accommodation.
Goodland reports a $3.5m net loss for 1H24
The company attributed its net loss to lower gross profit.
Singapore Grade A office rents up by 0.7% after two quarters decline
Tight supply and renovation costs drive rent increase.
Good Class Bungalow land at Jervois Hill up for auction
Unit land prices for GCBs have breached $2,685 (US$2,000) psf.
Prime US REIT divests One Town Center to Miles Capital for US$82m
It sold the property below its valuation.
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