Commercial Property

HDB launches Pasir Ris Central site for tender

The 38,003 sq m mixed-used development site can yield up to 600 residential units.

CapitaLand Mall Trust to buy remaining 70% stake in Westgate for $789.6m

The transaction is targeted for completion by Q4 2018, depending on unitholders' approval.

Oxley Holdings full-year profits jumped 31% to $285.03m

Gains from its purchase of Chevron House boosted profits.

S-REITs fared well in July over increased attention from funds

The office sector could lead gains in S-REITS amidst its sustained rental improvements.

Ho Bee Land secures Singapore's first green loan

The $352.9m will be utilised to acquire a 21-storey commercial property in London.

Chart of the Day: New supply of industrial space hit 3.24 million sq ft in H1

Lagging demand brought occupancy rate 0.2 ppt down to 89.7%.

Income-producing property sales in Singapore fell 12% $10.2b in Q2

En-bloc deals hit $13.8b which is 58% of all land sold in H1 2018.

Singapore's retail scene welcomed back activity-based tenants in H1

They prefer the Orchard Road shopping belt and suburban districts.

Rising tourist arrivals boosted Orchard Road rents in H1

Its ground-floor rents could lead the gradual rental recovery from 2018 to 2022.

Chart of the Day: Retail vacancy dipped 7.3% in Q2

Landlords are urged to be flexible in setting rents to support occupancy rate in the coming quarters.

Retail property sales hit $695m in H1 2018

The highest transaction was for the 50% stake in Capitol Piazza and Capitol Theatre for $349m.

Retail vacancy could rise amidst supply influx

Ground floor rents in key areas could lead the gradual recovery amidst sustained flattening out of rents.

$778m Sengkang Central site could lure first-time homebuyers and upgraders

It has a potential to launch at $1,650 to $1,700 psf with a 10% margin.

CapitaLand and CDL JV wins bid for Sengkang Central site for $777.78m

The 3.7 ha site will be developed into an integrated community hub with 700 apartments.