Commercial Property

Still no place like home: 70% of investors averse to expanding their portfolios abroad

Singapore and Hong Kong are the only Asian countries attractive to 30% of investors prepared to venture outside their local markets, a new survey...

In Focus

CapitaMalls Asia to invest S$747.2mln in Shanghai mall and office development

The site in Luwan district will be well positioned to serve the affluent residents and working professionals.

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Keppel Land to issue S$500mln convertible bonds

Proceeds will be used to finance potential acquisition opportunities in the future, to refinance existing debts and for working capital purposes.

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KSH Holdings first half profit at $8.5mln

The group reports order book of S$243.0mln and balance sheet and working capital position with cash and cash equivalents of S$69.2mln.

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Fortune REIT finishes strong in 3Q, revenue income up by 23.5%

The Singapore-listed trust's net property income also grew by 24.5% to HK$444.5 million for the first nine months of 2010 as improved economic...

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Soilbuild clinches contract for prime industrial site

The developer won the tender for parcels 2, 3 and 4 at Yishun Street 23/Yishun Avenue 9 with a S$64.01m bid.

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Ascott strengthens position in China with 3 new properties

Properties in Wuhan, Tianjin and Xi’an are part of the developer’s target to achieve 12,000 apartment units in China by 2015.

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Singapore 7th most expensive place in the world to rent office space

With a rate of US$13.38 per sq. ft. per year for industrial space, the country joins Hong Kong and Tokyo as the three Asian cities with highest...

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Residential collective sales gaining momentum

Collective sale transactions in Singapore (y-t-d) amount to S$975.64 million, with over 90% of this total resulting from sale of properties in areas...

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URA launches the tender for the hotel site at Robinson Road/Boon Tat Street

A historically building, designed in the Neo-classical style, is included in the site near Raffles Place and Marina Bay.

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Keppel sells 90% of 220 units in Tianjin Eco-City

The eco-development is expected to yield 5,000 homes and commercial developments with a total gross floor area of 680,000 sm.

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CapitaLand first nine months profit up 349% to S$751mln

Higher development profits and divestment gains drove almost four-fold growth.

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New property prices may fall: developers survey

34% of developers surveyed by the latest Real estate Sentiment Index expect prices of new launches to fall, albeit by less than 10% over the next six...

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