Commercial Property
Amber Glades re-launched for collective sale by tender
Amber Glades re-launched for collective sale by tender
The freehold residential site has a site area of 40,917 sq ft.
Ang Mo KIo industrial site released for sale
A public tender for the Ang Mo Kio Street 62 industrial site has been launched by the Urban Redevelopment Authority.
Singapore outstripped Asia with office prices jumping 10% last quarter
Highest in Asia, Singapore beat Hong Kong, Beijing and Guangzhou.
Office prices to grow 25% in 2011
The improvement of rental performance and investor confidence is seen to boost the office prices.
15-storey building to rise at Capitol sale site
The Building Agreement for the Capitol sale site was signed today between the Government of Singapore and the consortium.
Landlords cashed in on economic boom in 2010, hiked office rents by 12.6%
Rental and capital value of office space rebounded in 2010 from bottom in 2009, leases in the central region increasing 4.7% in 4Q2010 compared to 6%...
Homes bound to be 20% cheaper due to latest round of cooling measures
Buyers are seen to adopt a "wait and see" attitude for the market's response to the latest set of government measures announces January 13.
Singapore private property new sales volume up 17%
PropNex estimates an overall 5–8% growth for private residential properties, while different types of properties will see varying growth rates.
Industrial space prices jumped 23.7% in 2010
Prices of multiple-user factory space increased by 6.3% in 4th Quarter of 2010, URA said.
Home prices up 17.6% in 2010
Prices of non-landed properties increased by 14.0% for year of 2010 as a whole.
CapitaLand acquired Marine Point for $100.68mln
Total acquisition cost works out to $1.056 per square foot per plot ratio.
Ascott enters JV to develop 203-unit Citadines Galleria Bangalore
Ascott to expand presence in India by adding 1,600 apartment units across seven properties in Bangalore, Ahmedabad, Chennai and Hyderabad.
Ascendas India Trust profit down 12% to $17mn
The trust’s operating portfolio grows by 25% as its properties are home to a total working population of 57,000 people from 283 tenants.
Fraser Commercial Trust profit down 2.4% to $22.9mn
Yet distributable income for first quarter up 7% to $7.9m as DPU grew by 4% to 0.25¢.
CapitaRetail China Trust profit up 5.8% to S$74.36mn
The company expects growth to continue behind China’s strong retail consumption and sustained economic growth.
Mass-market home prices to ease 2% in 2011
The outlook for the private residential market is cautiously optimistic in 2011.
Singapore ranked first in Asia's best real estate investment destinations
The country's strong economic growth and brisk activity in the financial and high-technology industries pushed Singapore to top the rankings.
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