Commercial Property
Surveyors report stable commercial property market amid healthy demand
Surveyors report stable commercial property market amid healthy demand
A net balance of +7 surveyors noted an increase in developments in Singapore.
Mama Shelter Singapore hits market for $195m
CBRE is selling the asset via an EOI exercise.
Prime office rents rise 3.4% in 1Q24
Knight Frank said rent rates could stabilise in the second half of 2024.
Singapore commercial real estate investments up 14% in Q1
APAC commercial property investments are up 13% YoY.
Anti-money laundering bust affects shophouse sales
In 1Q24, shophouse deals rose 31% QoQ but fell 34% YoY.
APAC Realty partners with Upper Room Realty for Philippine expansion
The Philippines is APAC Realty’s 13th country in its Asia Pacific portfolio, and the 40th globally.
OUE REIT secures $600m sustainability-linked loan
The REIT will use the loan to repay debt due in 2025.
Singapore strikes a balance in logistics supply per capita, trade: report
The capital value of warehouses is still one of the highest in the region.
SGX RegCo confirms ESR Group Limited's eligibility to vote on Sabana REIT trust deed amendments
The regulator emphasised that no rule bars the sponsor from voting on amendments.
LHN unit divests 20% stake in Coliwoo (TK)
The unit sold 20,000 shares for $20,000.
CBD Grade A office rents show stagnation in 1Q24
Rents for CBD Grade A offices held steady at $9.65 psf.
URA unveils 4th Rail Corridor community node
Ho Bee Land developed the 1.6-hectare community node.
8 suburban areas to watch for retail investment
These areas have low provision of retail space compared to resident populations.
Industrial dealmaking and leasing activity slows in Q1: report
Rents, prices to rise 3% to 5% this year.
Apple invests US$250M in Ang Mo Kio campus expansion
Construction will begin in late 2024.
Are high property costs stunting tech growth in Singapore?
Singapore has the highest average annual asking office rent at US$104 psf.
Food factory at 30 & 32 Tuas Avenue 12 up for sale for $19.0m
JLL is selling the property via private treaty.
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