Commercial Property
Yanlord contracted pre-sales leaps by more than 200% in August
Yanlord contracted pre-sales leaps by more than 200% in August
Pre-sales for the eight months ended 31 August increased by 31.9%.
Keppel Corp acquires 4% interest in Kingsdale Development for $8.41m
The company currently holds 86% of the issued share capital in Kingsdale.
Earnings of prime retail malls will take longer to reach 2019 levels: Fitch
An example of these malls are those owned by Starhill Global Reit.
Some F&B operators, retailers unfazed by rising rents: Savills
It sees retail rents in Prime Orchard up by 3% year-on-year.
Office and hospitality markets on the road to revival
Property experts said the shift of consumption to services gave two markets a lift in 2022.
SLA to roll out changes in remnant land charging framework
The updated framework includes a new rate for remnant land parcels.
Rare 6-storey CBD shophouse in Boat Quay on sale for $45 million
It will be sold through an Expression of Interest exercise.
52 Boat Quay, a rare six-storey CBD shophouse located in the Boat Quay district, was lau...
Over 1.6 million sq ft to be added to retail space inventory by 2030
Of the upcoming supply, 392,000 sq feet will be completed in the second half of 2022.
Strata office floor at 15 Scotts on sale for $52.5m
The property will be sold via an expression of interest exercise.
URA launches Bukit Timah Link and Hillview Rise sites for sale under GLS programme
Tenders close on 3 November.
GuocoLand profit ‘more than doubles’ to $392.7m in 2022
This reflects a 132% growth during the period.
Lendlease Global Commercial REIT becomes first S-REIT to achieve net zero target
Amongst efforts done by the REIT include a 12% reduction in electricity consumption.
ESR LOGOS REIT mulls acquisition of ESR Sakura Distribution Centre
The acquisition is expected to be up to 2.9% DPU accretive to unitholders.
Nine strata retail units at Far East Plaza on sale for $23.6m
Each unit ranges from $2.1m to $5.6m.
PropertyGuru bounces back to profit with $3.8m net income in Q2 22
This is compared to a net loss of $139.8m a year ago.
Hersing Corporation sells 2 adjoining industrial sites on Tampines Street 92
Both sites have a total land area of 214,880 sq ft.
Basement restaurant approved strata unit for sale for $11m
The unit has a total strata area of approximately 3,391 sq ft.
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