Commercial Property

URA releases industrial site at Pioneer Road North/Soon Lee Street on Reserve List

URA releases industrial site at Pioneer Road North/Soon Lee Street on Reserve List

This is the first of the four new industrial sites to be released for sale under the Reserve List of the first half 2011 Industrial Government Land...

Tender in Bishan receives record 19 bids

There is a 27% gap between the top bid of $550.1 million and the second bid.

Singapore real estate investment sales up 65.7% in 2H 2010

A total of $21.77 billion worth of sales transactions were concluded during the second half of 2010.

Mainland Chinese buyers of residential properties in Singapore reach record 23% in Q4 2010

The proportion of mainland Chinese buyers rose 3% in Q4 2010 from 20% a quarter ago.

City Developments raises South Beach stake to two thirds

It is estimated that CDL could be paying about $150-170 million for Dubai World's one-third stake.

City Developments reports net profit of $749mn in 2010

The Group's balance sheets continue to be healthy with net gearing ratio at 29 per cent.

Jones Lang LaSalle appoints Hugo Bagué and Martin Nesbitt to its Board of Directors

Bagué will join the Board’s Compensation Committee and Nesbitt will join the Board’s Audit Committee.

URA awards the White Site to GuocoLand

The land parcel will be transformed into a high-quality office and hotel development within the Central Business District.

Moody's: Singaporean CMBS transactions enjoy good performance

Moody's revealed that cash flow from properties backing Singaporean Commercail Mortgage Backed Securitization has been strong. This has been an...

Singapore developer to build affordable housing in China

CapitaLand is in China will focus on China's affordable housing market, despite the recent cooling measures by the authorities to curb speculation.

Singapore total investment spending in non-residential properties doubled to $9.1bn in 4Q 2010

While prime office rents in Asia Pacific are forecast to increase by 6.2% in 2011, property investment sales in Singapore are expected to remain...

Amber Towers up for collective sale at $168mn to $172mn

The condominium project along Meyer Rd has a potential GFA of 145,813 sqft.

Rents in Asia edged up by 9.6% in 2010 as demand for office spaces in Singapore heightened

Rental growth in Singapore accelerated to 12.2% in the fourth quarter while rents in Beijing and Shanghai also continued to appreciate.

A record US$5bn poured into Singapore real estate investment in 4Q 2010

Real estate investment volume in Singapore accounted for 31% of Asia's total volume for the last quarter of 2010.

Capital Square expects bids of up to $2,500psf

The succesful transaction of Capital Square should help to lift property valuation in the vicinity, said DBS.

2 Havelock Road up for sale for $302mn

AEW, the seller, has carried out an extensive refurbishment by increasing its NLA by about 20 percent.

Private home sales fell 11% in January 2011

New projects that were launched in January saw weaker take-up of less than 50 percent.