Commercial Property
Rents to remain stable and occupancy high says Moody's
Rents to remain stable and occupancy high says Moody's
Actual debt service coverage ratios (DSCR) were above 3x, while appraisers' loan-to-value ratios were in the 20-32% range.
Fears escalate as rent inflation hits industrial and warehouse space with rents skyrocketing 5.4 per cent in the 6 months to March
And according to research from property firm Colliers, this is a rapid rise compared to a rent increase of just 1.6 % in the preceding year.
Singapore remains third most expensive office location in Asia Pacific
Hong Kong beat Tokyo and Singapore to the top spot after surging 11.9 per cent QoQ in 1Q 2011.
Singapore office rents to grow 15-20% in 2011
The office property market is expected to remain on a growth trajectory in the short to medium term.
Average office rent chalked up further growth of 6.1% in 1Q 2011
This was underpinned by burgeoning business confidence and the continued flight to quality amongst occupiers.
Singapore most active cross-border purchasers in Q1 2011
Cross-border direct commercial real estate investment volumes reached US$37 billion in Q1 2011.
Banyan Tree PATMI surged 36% in 1Q11
PATMI increased to $10 million due to the gain on divestment of a development site and lower depreciation.
Singapore-based investors can now tap into Malaysian property sector
The next possible stop for venturing investors from Singapore definitely has to be its booming neighboring country, Malaysia, said a government...
URA to launch tender for industrial site at Tuas View Square
URA has received an application from a developer who has committed to bid at a price of not less than $4,888,888.00 in the tender for the land parcel...
OUE net profit jumped 23.3% in 1Q 2011
Overseas Union Enterprise net profit grew from $184.6 million to $227.6 million.
Strong hiring expectations to boost office property market
Buoyant business sentiment and corporate hiring is underpinning a strong office leasing market, said Jones Lang LaSalle.
CIT in talks to acquire 5 & 7 Gul Street 1 property
The company has entered into a put and call option agreement with Precise Industries Pte Ltd in connection with the proposed acquisition.
Woodlands Avenue 12 industrial site up for tender
The Urban Redevelopment Authority launched a 2.06-hectare industrial site at Woodlands Avenue 12, Parcel 2, for public tender.
Office rents to favour Singapore landlords
Rental growth of up to 30% is expected across Asia Pacific this year, with the strongest growth likely to be seen in supply constrained markets.
Policy risks hang over Roxy Pacific's latest launches
Sales might be strong for the Toh Tuck Road project, but OCBC Research says policy overhang might slow down the company's momentum.
43 strata-titled units up for sale
The units are sprawled across the fourth and sixth storeys in Singapore Shopping Centre which is located at 190 Clemenceau Avenue.
Industrial leases soar in 1Q11 despite rates increase
1Q11 average monthly rent for island-wide industrial properties rose 3.27% QoQ and 23.4% YoY to $1.58 psf, according to CBRE.