Commercial Property

UOB Kay Hian maintains positive view on S-REITs amidst stability

UOB Kay Hian maintains positive view on S-REITs amidst stability

With the 10-year Singapore government bond yield at 2.4% and the 3-month compounded SORA at 2.3%.

Relaxed height rules could spur property boom near Changi

Private apartments from the 1990s could end up being ripe for collective sale.

JTC awards Tukang Innovation Drive site in $81.9m tender

The tender, which was launched on 31 December 2024 and closed on 8 April 2025, attracted five bids in total.

S-REITs shift to cash-backed yields, eye 5.5% in FY 2025

It aims to minimise dilution and align distributions with recurring cash earnings.

CapitaLand Ascendas REIT to acquire two properties for $700m

The deals boost CLAR’s Singapore portfolio by 6.6% to $11.7b.

Piccadilly Galleria relaunched for sale at $67.5m

The property was initially launched in October 2024.

MacPherson Industrial Complex sold for $103.9m

The tender for the site closed on 22 May.

Bukit Sembawang profit up 13% to $51.4m in H2

However, revenue for the period fell 24%.

Manulife US REIT secures six-month extension for asset disposal

Lenders also approved the sale of the Peachtree office building.

BHG Retail REIT posts 95% committed occupancy rate in Q1 FY2025

It reported a WALE of 2.8 years by gross rental income.

RealVantage expands into South Korea with $71m logistics investment

Construction and leasing are expected to start in Q4 2026.

Kimly unit acquires coffee shop at Yishun Ring road

The purchase consideration stood at $11m.

Shophouse at MacPherson Road launched for sale at $7.8m

This is roughly $1,625 per square foot based on gross floor area.