Commercial Property
Industrial property sales dip 10% to S$1.1b in 3Q11
Industrial property sales dip 10% to S$1.1b in 3Q11
It seems like the sector has been greatly affected by constant threats of recession.
Fears Singapore prime office rents too expensive misplaced
Apparently prime office rents still cheaper in Singapore than Hong Kong or Tokyo.
What will become of Singapore’s commercial property market over the next 5 years?
With rents of high-tech office space seen to rise by 10%, will Singapore remain one of the busiest commercial hubs in Asia?
Commercial investment sales plummet 53.1% to S$848.3m in 3Q11
The sector accounted for 18.8% of total investment sales in the quarter.
Metro Holdings profit down to S$2.7mn
Yet the group posted 5.7% revenue growth to S$87.2mn for 1HFY2012.
Property investment sales plummet 47% to S$4.51b in 3Q11
And guess which property sector was the star performer for the quarter?
CDL’s net profit drops 32% to $132.1m
Blame it on the absence of one-time gains from private placement of CDL HT in 3Q10.
CapitaLand sells entire stake in Beijing firm
Beijing Red Diamond Science & Technology Development has ceased to be an associated company of CapitaLand.
Hello, investors: Forget residential, if you want better ROI turn to commercial property
The growth potential of the commercial and industrial sector is expected to be in the range of 5% to 10% for 2012 - sounds interesting, eh?
Singapore retail rents rise for the first time in three years
Retail sales in Singapore rose by 7.4%, resulting in an average rental increase of 3.2% in 3Q11.
Yoma posts first half profit at S$2.55m
Revenue for 2QFY2012 rose 505.0% from S$1.20 million in 2QFY2011 due to strong sales of housing and land development rights in Myanmar.
Asia Square to be fully leased by mid-2012
So if you plan to rent a space in the ‘human building,’ you better be quick.
What happens to Wheelock after losing Borders?
The group’s investment income dropped 11% as occupancy at Wheelock Place plunged to 89% following the departure of Borders Bookstore.
CWT's earnings almost doubles to S$15.8m in 3Q11
DMG says MRI contributed around S$1b to CWT’s revenue in FY11.
OUE profit plummets to $19.9m
Find out what caused it to come falling down from $127.1m in the third quarter of 2010.
Commercial properties in AsiaPac to be robust in 2012
However, the risk of a slowdown is high in Singapore as rents have moved so quickly and have already reached their peak.
Yanlord acquires 50% stake of a Shanghai Youyou Group subsidiary for CNY1.65bn
Acquisition is among the significant opportunities the company capitalises on to further enhance its future development despite current volatile...
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