Commercial Property
CapitaLand's profits slump 37.8% to $267.73m in Q4
CapitaLand's profits slump 37.8% to $267.73m in Q4
Less completed and delivered units from Chinese projects dragged revenue down.
Wing Tai Holdings' profit surged to $18.16m in 2H2017
This was boosted by a 50% increase in revenue.
URA to tighten licence rules for non-resident developers
Developers will be required to open and maintain a bank account solely for the project.
Frasers Property Limited's net profit to fall 7.9% to $571m in 2018
This is due to the weakening of AUD/SGD exchange rate.
Chart of the Day: Premium office spaces sell for $2,743 psf in Q4
Prime office yields remained largely stable in Q4.
Why AXA Tower could possibly go en bloc
But its tenant Lazada plans to take up 16.6% of the total leasable area.
Takeup of flexible workspaces jumped 42% in 2017
Marina and City Hall won the most deals for co-working spaces.
Singapore's office rents amongst world's most expensive
Rents are priced at US$68 psf on average.
Golden Shoe Car Park to add 635,000 sqft of office space
CapitaLand plans to complete renovation by 2021.
Inside WeWork's first Singapore coworking space
Monthly rates range from $550 for a Hot Desk and around $1,100 up to $40,500 a month for private offices.
Frasers Property Limited's profit fell 46% to $136.77m in Q1
This was dragged by the 23.8% decline in revenue.
Frasers Property Limited invests $358m in Thai real estate developer
It will acquire 26.1% of ordinary shares.
Chart of the Day: Public commercial deals beat private deals in Q4
The public sale of Beach Road for $1.62b boosted the total.
Perennial Real Estate Holdings profit soars to $100.3m in 2017
This is despite a decrease of 32.4% YoY to $74.51m in revenue.
Real estate investments to hit $48b in 2018
Expect more growth in the office and residential market.
Shophouse sales up 30% to $183.2m in Q4
56 Pagoda Street was sold for $23m.
Commercial investment sales up 6.4% to $12b in 2017
Retail scored the largest commercial property deal with the $2.2b Jurong Point transaction.
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