Commercial Property
JTC launches 9000-sq m Tuas industrial site for a minimum bid price of $6m
JTC launches 9000-sq m Tuas industrial site for a minimum bid price of $6m
Under its second half 2014 IGLS Programme.
IREIT poised for more growth thanks new properties in Germany: DBS
It offers exposure to the most robust economy in Europe.
Freehold redevelopment Serangoon site up for auction at an attractive $890 psf
Bidders to flock on 24 Sept.
TEE International hit with $10.7m loss in FY14 due to cost overrun
Its profit position has been reversed.
One-off gain: Lian Beng to dispose of Midlink Plaza for $270m
Other purchases in the bag.
AIMS AMP receives TOP for final phase of 20 Gul Way’s development
Total gross floor area has increased threefold.
Chart of the Day: See how Singapore developers are on an investment binge in office space in the land down under
Prime assets in Melbourne and Sydney are preferred.
Chart of the Day: See how real estate is reeling from slowing credit growth
Prices are dropping as a result of the collateral impact.
Straits Trading to sell office building for $450m: Reuters
The buyer is from overseas.
St James’ reverse takeover deal with Perennial gets green light from SGX
It’s for a Purchase Consideration of approximately S$1.56 billion.
Centurion Corporation braces for headwinds as bed space supply surges 40%
Demand is softening on back of foreign worker arrival slowdown.
Frasers closes $2.4b takeover bid for Australand
It now owns 98.39% of the firm.
Daily Briefing: COE prices end mixed; Challenging times ahead for shoebox landlords
And $2,500 fine for handling transaction monies.
Industrial property transactions plunge 21% in Q2
Majority of sold properties were of low value.
Yoma Strategic expands luxury residential property development in Yangon
It’s boosting its diversified portfolio in Myanmar.
Singapore eDevelopment sells 35% of Texas land development project for $25.88m
It has received US$800,000 in deposits for 140 lots.
CapitaMalls Asia appoints Jason Leow Juan Thong as CEO
He will replace Lim Beng Chee, who has decided to take a break after having worked for 15 years with the CapitaLand Group.