Commercial Property
CBD, Grade A office rents grew 1.8% QoQ in Q2
CBD, Grade A office rents grew 1.8% QoQ in Q2
Rents were at $11.10 per square feet in the second quarter of 2022.
Real estate investment sales volume hits $19.1b in H122
This is already equivalent to more than 70% of 2021's total sales volume.
Grade A office rents to grow around 3%-5% for 2022
Return-to-office momentum to drive higher demand for offices.
Grade A Core CBD office rents mark fastest pace of increase since 2021
Rental growth accelerated from 1.4% QoQ in Q1 22 to 3.2% QoQ in Q2 22.
Singapore “safe haven” reputation to prop up prime grade office rents
Full-year office rent growth will come between 3% up to 5%.
CapitaLand Development buys prime mixed-use site in Vietnam
It is expected to be launched in 2024 and be completed in 2027.
Sinarmas Land Limited to dispose of Horseferry Property Limited for $415.1m
It will be sold to LTH Property Holdings 3 Limited.
Post-COVID property demand to buoy REITs earnings rebound
CICT, Frasers, and Mapletree Commercial Trust are best positioned to reap the benefits.
Yanlord’s Suhe Century project sold out at launch with $902.4m pre-sales
The property's average selling price was $155,290 per sqm.
Office floor in Suntec City on sale for $36m
The sale is open to both locals and foreigners.
Chart of the day: CBD Grade A rents rises by 1.6% in Q2
Vacancy rates to tighten to 4%, an analyst said.
SPH REIT's gross revenue rises 0.9% YoY to $211.6m in Q3
The growth was attributed to further relaxation of restrictions in SG and Australia.
Property investment sales jump to $8.2b in Q2 22
Sales were driven by the commercial sector.
Home affairs ministry eyes amending law on renovation fraud
From 2019-2021, there were 100 cases involving errant renovation contractors.
Rising interest rates: Which SREIT will be the biggest loser?
The DPU of an industrial REIT is expected to drop 15.0% in 2023.
Yanlord Land Group’s contracted pre-sales rise to $6.5b in H122
The H122 pre-sales translate to a 9.5% YoY jump.
Yanlord Land Group’s contracted pre-sales from residential and commercial units, and car parks rose...
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The market improved its data coverage and sustainability commitments.
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