Commercial Property
Singapore Real Estate Investment Trusts to expand in 2011
Singapore Real Estate Investment Trusts to expand in 2011
Low interest rates, supportive capital markets, and improved economic sentiment will push S-REIT to continue to grow this year.
Fraser Centrepoint Trust revenue up 19% to $27.6mn
FCT puts in place $264 million loan facility to refinance debt expiring in July 2011.
Keppel Land profit up 273% to $1bn
Divestment of one‐third stake in MBFC Phase 1 and stronger earnings from better home sales in Singapore and China contributed to posting record...
North Bridge Commercial Center for sale by tender
The site has the potential to be remodeled into a boutique office or retail development, with the opportunity for individual unit sale.
Keppel establishes new logistics centre and water projects in Tianjin Eco-City
The TECIDC to offer "green" services that can help customers adopt sustainable supply chain practices and achieve better resource efficiency.
Moody's on cooling measures: Developers' loss are the local banks' gain
The ratings agency said Singaporean banks will benefit from a more stable property market as their exposures to property speculators, price shocks...
Holland Tower sale seen to draw prominent property buyers
Jones Lang LaSalle is marketing the Collective Sale of the property and is offering interested parties a rare freehold residential redevelopment...
Almost half of Singaporeans own a second property
According to OCBC, ST reported that 4 in 10 homebuyers in Singapore hold more than 1 property loan in the first 11 months of 2010.
URA launches tender for industrial site at Kaki Bukit Road 4
The land parcel has a site area of about 2.45 ha and a maximum gross plot ratio of 1.0
Home prices to increase 3% in 2011
The recent round of cooling measures are likely to dampen market transactions over the next few months, DBS said.
Home sales down 30% in December 2010
Excluding ECs, 1,332 units were sold in December, according to DBS.
URA launches tender for residential site at Bedok Reservoir Road
The land parcel at Bedok Reservoir Road has a site area of about 4.56 ha, URA said.
Harsh new cooling measures seen to kill property sales momentum in 2011
Developers’ sales volume is expected to dip sharply to the 500 to 800-unit range in January and February 2011 as market players re-assess their...
A-REIT's profit surge 3.3% for 3Q FY10-11
The property developer's 3.7% YoY revenue jump was offset by higher operating expenses and an enlarged property portfolio.
Singapore properties remain hot despite cooling measures
Interest rate amid high liquidity and robust economic growth bolster property sales to 4, 313 units for 4Q10, offsetting the effects of the...
Warm December private home sales herald cooling market
PropNex believes the record-breaking 1,699 private homes transactions recorded during the Christmas season might have urged the government to...
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