Commercial Property

Keppel Land earnings shoot up 76.8%

Keppel Land earnings shoot up 76.8%

Its impressive $236.6 million net profit for 1H12 was attributed to strong property trading and improved K-REIT Asia performance.

L.C. Development appoints Lawrence Ee Hock Leong as Director

The Company will undoubtedly benefit from Mr Ee's extensive knowledge of the corporate governance framework and practices of listed companies in...

Hwa Hong Corp appoints Lee Soo Wei as Chief Finance Officer

She was conncted to Ernst & Young before her appointment.

Shop house sales fall 25%

Blame it on the steep 34% increase in unit prices.

Strata office sales smash 1995 record

The average transacted unit price was a 56% increase from 1H11.

Strata shop sales hit 17-year high

A total of 669 units were sold in 1H12--the highest since 1995.

Ascendas REIT reports positive rental reversions across all segments

Positive rental reversions ranged from 10-21% throughout its asset types.

Business 1-zoned site up for grabs at 8 Chang Charn Road

The price is pegged at S$45million subject to negotiation.

K-REIT's net profit, revenues rocket to S$31.3m and S$39.3m

This beyond double increase results to distributable income worth S$49.8m.

King & Spalding appoints new managing partners for Atlanta and Singapore

Alan Prince will serve at the Atlanta office and John Savage will take over at Singapore.

Two adjoining residential sites for sale in Upper Serangoon

The freehold units at 1 Surin Avenue and 790 Upper Serangoon Road are for sale by tender until 15 August.

Keppel inks joint venture with CT Properties

With a total development cost of about S$70 million, Keppel does not expect significant earnings from the joint venture.

Two refurbished shophouses up for grabs at Pagoda Street

The adjoining 3.5-storey units are for sale by expressions of interest until 27 July, 3 pm.

Office space capital values crumble due to rent easing

Even the Raffles Place/New Downtown micro-market's values will slip by 5% end-2012.

Prime industrial property prices to surge by 9% in 2H12

Both prime conventional and high-specs premises will also increase by 0.5%.

Orchard monthly rents slip in 4Q11

Prime ground floor gross rents were steady around S$38.5 per sq ft per month for 2 years before slipping to SGD$38.30.

URA to launch 1st storey site at Tai Thong Crescent

The 0.82-ha property will be for sale by public tender in two weeks.