Commercial Property

Workstations rates up 15% YoY in Q1: report

The Instant Group said the desks in Orchard Area went up 17%.

Jardine Matheson achieves sturdy overall performance in Q1

The group's businesses delivered net profit increases, except for Hongkong Land.

Industrial leasing volume rebounds in Q1

Volume increased by 2.5% YoY to 3,229 tenancies.

NetLink NBN profit climbs 19.7% YoY to $109.3m in FY23

Its 5.24 Singapore cents DPU is the highest the Trustee-Manager distributed since listing.

Soon Hock secures Tampines North Drive 4 plot for $113.89m

The site was launched for tender on 31 January, with Soon Hock 

Two-storey attic shophouse within City Hall for sale

The expression of interest ends on 21 June 2023 at 3 pm.

Developers face new requirements as Singapore safeguards property market from AML/TF activities

SG rolls out new anti-money laundering and terrorism financing requirements for developers that take effect on 28 June.

Commercial site in Hoe Chiang, Lim Teck Kim roads up for sale for $216m

Buyers could use the 18,540-square-foot site for commercial or hotel development.

CapitaLand Ascendas RET closes private placement at $2.727 per unit

The issue price represented 5.1% of the $2.8727 VWAP per unit.

What are Singaporeans’ preferred markets for commercial real estate investment?

Investors from SG deployed a total of US$15.8b into global real estate in 2022.

United Hampshire US REIT’s net property income rises 13.5% YoY to US$12.9m in Q1

The REIT attributed the increase to the resilient performance of its existing properties.

CEREIT net property income up 3.6% YoY to $48.9m in Q1

Its DPU showed resiliency despite falling 2.4% YoY in Q1.

Chart of the Day: Companies leading in data centre market

Knight Frank said Google has the highest market share.

Keppel launches smart and low-energy commercial tower in Tanjong Pagar

The 33-storey building will offer 650,00 sq ft of technology-forward spaces.

Keppel, KIT acquire stake in a wind farm in Sweden for $6.9m

The companies will have 2.9% and 13.4% stake in Fäbodliden II, respectively.