Commercial Property

Anti-money laundering bust affects shophouse sales

In 1Q24, shophouse deals rose 31% QoQ but fell 34% 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.

Are high property costs stunting tech growth in Singapore?

Singapore has the highest average annual asking office rent at US$104 psf.

CICT NPI rises 6.3% YoY to $293.7M in 1Q24

Gross rental income growth and lower operating expenses drove the uptick.

Commercial redevelopment site on Orchard Road for sale for $438m

The public tender closes on Monday, 27 May 2024, at 3 pm. 

Property prospects mixed amidst rising supply

The office market will see a higher supply with a pipeline of 4.76 million square feet.