Commercial Property
KSH Holdings warns of FY24 net loss amid soaring construction costs
KSH Holdings warns of FY24 net loss amid soaring construction costs
The company will release its unaudited financial results on or before 30 May.
High Street Centre relaunched for second tender for $748m
Reserve price may still decline amid an ongoing garnering of fresh consensus.
Lendlease sells APAC life sciences business to Warburg Pincus JV
The company sold its interests to the JV for $129m.
PropertyGuru posts 11.9% revenue growth in 1Q24
A boost in revenue from its Singapore market drove the growth.
Islandwide private retail vacancy rate hits 10-year low
Vacancy rate fell to 6.6% in 1Q24.
Hong Lai Huat shareholders OK disposal of HLHI and HLHA Cambodia
The sale is worth around $50.57m (US$37.5m).
Former RJC site may be used for public housing: Huttons
The project may be launched under the Prime model.
Centurion JV inks 5-year master lease for HK property
The lessee will covert the property to student accommodation.
Goodland reports a $3.5m net loss for 1H24
The company attributed its net loss to lower gross profit.
Singapore Grade A office rents up by 0.7% after two quarters decline
Tight supply and renovation costs drive rent increase.
Good Class Bungalow land at Jervois Hill up for auction
Unit land prices for GCBs have breached $2,685 (US$2,000) psf.
Prime US REIT divests One Town Center to Miles Capital for US$82m
It sold the property below its valuation.
Strata retail units at PLUS on market for $3.8m-$7.75m each
Foreigners can buy the units with no ABSD or SSD imposed.
Sandpiper Hotel up for sale for $33m
Expression of interest closes on 19 June 2024, at 3 pm.
Singapore offices most expensive to fit-out in SEA
Firms sink an average of $140 per square foot to fit-out their offices.
LHN net profit drops 14.6% in H124
Gross profit rose 36.0% to $34.6m.
Warehouse occupancy and rents to fall amid increased supply
In 1Q24, rents rose 2.0% QoQ, whilst occupancy fell to 91.1%.
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