Commercial Property

Grade A space in Singapore in short supply

Jones Lang La Salle said opportunities are not in Grade A spaces but to be found in Grade B and suburban markets.

Grade A space in Singapore in short supply

Jones Lang La Salle said opportunities are not in Grade A spaces but to be found in Grade B and suburban markets.

SGX lists Bund Center Investment

The 763rd member of SGX has started trading under the ticker symbol Bund Center.

MTI confirms 19.92 hectares for IGLS programme

The Ministry of Trade and Industry launched its Industrial Government Land Sales programme, which includes seven sites, for the second half of 2010.

Prime office rents stabilise after falling 60% from peak

Office occupancy in Singapore rose by 0.8 percentage point quarter-on-quarter to 93.2% as a result of growth in demand.

Up-market home sales dropped in Q2

Sales of high end homes moved slowly in Q2 as foreign investors held back their purchases on fear of weakened foreign currencies against Singdollar.

iProperty.com acquires rival website

The Singapore-based property website with an estimated monthly average of more than 400,000 unique visitors has now taken over SG-House.com.

Frasers Centrepoint acquires 13.7-hectare site in Sydney

Frasers Property Australia bought S$97.8mln lot from Royal Rehab to strengthen Fraser brand in Australia.

Waterfront Gold introduces skypark in luxury project

Residents will be the first in country to enjoy skypark for leisure, relaxation and workout.

Grade A office vacancies soar in Q2 2010

Grade A office vacancy rose from 5.5% in Q1 2010 to 6.4% this quarter but Office Services say this is an anomalous finding.

CapitaCommercial confirms rumours of potential StarHub Centre sale

CapitaCommercial Trust Management Limited released statement on Thursday saying that the company is evaluating all options with regard to the asset...

Launching: The Scala at Serangoon Avenue 3

HDB upgraders are expected to be the majority of buyers, while price is pegged at an average of $1,100 psf.

Singapore trailed behind Australia in transparency report

Australia is Asia Pacific region's most transparent real estate market while Singapore ranked only 3rd in the 2010 Commercial Real Estate Transparency...

Property affordability weakened amidst 46% decline in launches

Property giant Capitaland reported that the rise in property cost in Singapore has weakened affordability and indicated a debt service ratio of 39%...

Ascendas invests $10 million in energy efficient upgrades

Projects include overhaul of chillers and celebration of Ascendas Green Month showcasing prototype Solar Kiosk.

Launching: The Concorde

The Concorde forms the cluster of condominiums acquired by CDL within the vicinity of The Albany, Thomson Mansions, Bright Building and Balestier...

Developers put the brakes on new launches as buyers hold

Sales volume seen to moderate further by 15% to 35% in June.

URA sets tender for Clemenceau Avenue/Havelock Road hotel site

Developer committed more than $40.8mln bid price for the 0.55 ha land parcel.