Commercial Property

Home prices may rise 10% in 2011

Home prices may rise 10% in 2011

Price growth would likely decrease from 2010's preliminary estimate of 17.6% due to the presence of downward pressures.

Private residential property price index jumped 17.6% in 2010

The price index increased to 2.7%, compared with the 2.9% in the previous quarter.

Cooling measures dampen HDB resale and private home prices

Effects of the implementation of new government rules are starting to be felt, With the HDB RPI is set to rise 2.4% to 171.9 and the private home...

URA to launch tender for a Robertson Quay hotel site

A developer has committed to bid at a price of not less than S$51.5mln to the site along the historic Singapore River.

Office rents continue upward momentum in fourth quarter

Steady level of office space demand is seen should the economic recovery remain on track.

CapitaMalls Asia to acquire Queensbay Mall for S$275.6mln

The company’s second mall in Penang and fourth in Malaysia aimed to form seed asset for its planned S$418.6mln Malaysia retail property fund...

Industrial rents shore up in fourth quarter

The implementation of measures to curb speculation in the residential property market ushered more investors to turn to the industrial market.

Landed property prices soar 5.1% in Q4

Landed freehold unts in the prime districts rose to $1,693psf on average.

Retailers' race for space spikes rents along Orchard/Scotts Road

The average gross rent of prime first-storey space in the area increased by a marginal 0.3% q-o-q from $39.70 per sq ft per month in Q3 2010 to $39...

Residential properties sale value up 30%

Residential properties sale value topped auction sale, garnering $114.82 million or 51.3% of the total sale value.

Singapore property auction sale value totaled to $223.9 million

Yet it is still a substantial 45% below the decade's high of $407.43 million recorded in 2007.

Sales volume for private residential units up by 79% in November

Sales volume jumped 2.7 times to 1,229 units in the region during the month.

2010 new homes sales volume to surpass 2007 record by 10%

The sales tally for the whole of 2010 is likely to be in excess of 16,500 units.

Sale of new homes increased to 2,329

Total transaction volume for the homes sold up to November 2010 was $16.98 billion.

URA may block CBD rezoning to to protect office space

The need to rejuvenate the old CBD and inject live-in population in the city area is necessary.

Suntec REIT acquires one-third interest in Marina Bay Financial Centre

Suntec REIT’s subsidiary, ARA Asset Management S$1.5bln Marina Bay Financial Centre purchase will increase its earnings base from S$14.7bln to S...

PoMo's 43,027 sq ft site area up for sale

The 99-year leasehold building with GFA of 234,996 sq ft is up for sale by expression of interest.