Commercial Property

Industrial leasing rises 7.9% in Q2 as big-ticket deals fade

AI and semiconductor demand drive 3,199 contracts as investment sales fall 66.2% from Q1.

JTC projects 400,000 sq m of new industrial space in H2

Single-user factory space will make up 53% of the upcoming supply, it said.

Industrial rents rise for 23rd straight quarter

AI-related manufacturing and logistics demand are expected to support the market despite geopolitical risks.

Keppel DC REIT’s DPU rises 11.3% to 5.714 cents in H1

Distributable income rose 18.5% year-on-year.

OUE REIT NPI rises 4.8% to $110.3m in H1

Revenue increased 3.8% to $136.1m during the period.

Hotel deals worth $1.1b expected in Q3

The investment pipeline follows a quiet second quarter as visitor arrivals reached 7 million in the first half.

Prime retail rents edge up 0.4% in Q2

Occupier demand remained modest as economic uncertainty weighed on consumer and tourism spending.

Logistics rents hold steady in Q2

Demand for higher-specification facilities remained stable despite rising freight costs and geopolitical uncertainty.

CBD office rents rise 4.3% in Q2

Limited supply and demand from AI, fintech and professional services firms supported rental growth.

Grade A rents to climb up to 5% as supply stays tight

New supply is expected to average 1.0 msf against 1.4 msf in long-term net absorption.

Freehold Jalan Besar shophouse on market for $8.5m amidst F&B scarcity

It sits outside the designated Jalan Besar and Little India F&B Restriction Zone.

Tan Boon Liat Building sold to Kingsford Group for $950m

The deal is likely the largest collective sale this year, said Cushman & Wakefield.

SC Capital acquires townhouse compound in Chung Hom Kok, Hong Kong

The group plans to reposition it as a luxury residential development.

Soilbuild wins Jalan Buroh industrial site for $214.4m

The tender attracted three bids after closing in June.

Generations @ Tannery sells all production units at launch

Four industrial canteen units were also sold, according to Huttons.