Commercial Property
Frasers Centrepoint Trust delivers 1.4% YoY growth in H1 DPU
Frasers Centrepoint Trust delivers 1.4% YoY growth in H1 DPU
Distribution to unitholders totalled $125m, up 13.6% YoY.
Keppel offloads i12 Katong mall for $372m amidst non-core asset purge
The site is a five-storey building with a net lettable area of 211,950 square feet.
OUE REIT posts $57.6m Q1 NPI, up 8.4% on hospitality gains
Revenue rose 6.7% as hospitality gains 16.8% and office rents stay resilient.
Freehold 46-room Sims Avenue hotel hits market at $29.9m
Asset at 56 Sims Avenue priced at about $650,000 per room under EOI exercise closing May 20.
Savills lifts office rent growth view to 5%
CBD rents hit their highest since 2019.
Frasers Centrepoint weighs $470m White Sands divestment
The trust's manager signals regulatory disclosure pathway remains open pending material development.
Keppel REIT posts 1.27-cent DPU as NPI rises 9.7% in Q1
Its total portfolio was valued at about $11.8b.
People’s Park Complex restaurant unit up for sale at $8m guide price
The EOI closes 20 May.
Grade A office supply surge set to peak in 2028
Low completions in 2026 and 2027 give way to a higher delivery cycle in 2028, Cushman & Wakefield data shows.
Singapore plans major redevelopment of migrant worker recreation centres
Soon Lee and Kaki Bukit recreation centres will be expanded into larger, multi-use hubs.
JTC awards Kaki Bukit site to Chiu Teng Enterprises for $131.89m
Five bids were received for the site.
CapitaLand Trust sells Asia Square Tower 2, buys Paragon
The divestment will be completed by H2 2026.
JTC concludes $131.9m tender as 2025 land pipeline shuts
Chiu Teng Enterprises secured the parcel under the second half 2025 IGLS programme.
CBD Grade A office rents climb 1.4% in Q1 as tight supply squeezes tenants
Vacancy rates fall to 4.1% as flight-to-quality demand persists.
Office rents rise for fifth straight quarter as CBD vacancy tightens
Flight-to-quality demand and limited supply keep occupancy tight despite global uncertainty.
Office rents steady as vacancy tightens to 3% in Q1
Prime rents hold at $11.57 psf as supply tightens and vacancy trends lower.
Vidacity opens One-North hub amidst startup deployment bottleneck
It will have 80 pilots planned over five years to push startups beyond testing phase.
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