Commercial Property
URA revises development charge rates
URA revises development charge rates
Government policy expected to produce a more moderate collective sales market over the short term.
TEE International clinches S$54.2 mln engineering contracts
The engineering and integrated real estate and facilities management group receives job orders which includes architectural, civil and structural...
Keppel Land appoints Mrs Oon Kum Loon on Board
Mrs Oon’s 30 years of experience include development and implementation of a group-wide integrated management framework.
Government acts to stabilize property market growth
Measures seen to place a check on the current exorbitant prices in the mass market.
Asian REITs' total first half market capitalization up 25%
Yet weighted average dividend yield contracted to 6.86 per cent in the first half of 2010.
Launching: Dorsett Residences and Loft@Nathan
Dorsett Residences' location is adjourning to Outram Park MRT while Loft @ Nathan enjoys close proximity to the Orchard shopping belt.
Treasury China Trust strikes deal with TRIO Group
The company enters into a strategic partnership to expand into Shandong Province commercial property market in China.
Businesses urged to prepare for global lease accounting changes
Changes have been driven by a recognised need for greater transparency in leasing standards.
PropertyGuru joins forces with Australia's REA Group
Singapore property site links with Australian real estate site to expand reach in Asia Pacific.
Chip Eng Seng receives letter of intent for $142 mln contract
Construction and property firm to develop executive condo and 10 blocks of 17-storey apartments at Punggol Field.
Second quarter primary residential property sales down 8%
Foreigners’ share of total purchases in quarter maintained at 11% behind caution over global economic situation.
MaxLee Development borrows S$220 mln from UOB and OCBC
The joint venture company raises funds for the development of the Executive Condo in Sengkang E3 and Sengkang East Avenue.
CapitaLand subsidiary sells 49% stake in OneSentral Park
Group also dissolves dormant wholly-owned subsidiaries: Telok Ayer Properties and Ventura Development.
Ascott Reit to raise $1.39bln properties in Asia and Europe
The property manager will acquire two Asian and 26 European properties, as well as divest Ascott Beijing for $301.8 million.
Asia Pacific commercial property markets offer attractive investment opportunities
Singapore office markets among the top five in region, whose all-property Fair Value Index at 67.
Ho Bee to yield S$31mln for sale of investment properties
The property group sells its TG Building in Tagore Lane and divests part of its commercial portfolio at Samsung Hub.
Asia Pacific office property markets headed for growth
Raffles Place rents up 2.9% in second quarter while CBD core area vacancy rate dropped 7%.