Kalpana Rashiwala

Kalpana Rashiwala

SENIOR CORRESPONDENT

Kalpana Rashiwala is a senior correspondent with The Business Times. She covers the Singapore property market including investment sales transactions, the office market, shophouses, and the landed residential and luxury condo sectors, among others. She has been with The Business Times for over 20 years. 

The closure of HarbourFront Centre in July for redevelopment is likely to have been the major factor behind the 775,000 sq ft contraction of islandwide office stock in Q3 2026.
SINGAPORE PROPERTY

Net demand for Singapore office space doubles in Q3 as central region rents rise 0.8%

2026-10-23T13:09:31.000Z
The URA released data on the Singapore office market on Friday (Oct 23).
SINGAPORE PROPERTY

Office rents in Singapore’s central region rise 0.8% in Q3 over Q2, URA data shows

2026-10-23T01:10:11.000Z
A house in White House Park that is currently on the market. Bungalows in GCB Areas are subject to strict planning conditions.
BRUNCH

Good Class Bungalow market activity picks up pace on ‘realistic’ pricing

2026-10-22T05:24:40.000Z
Marina One West Tower (right) is joined at levels 28 and 29 to the adjacent East Tower.
HOCK LOCK SIEW

What’s taking Hongkong Land fund so long to seal Marina One deal?

2026-10-08T04:31:22.000Z
Incredible Holdings was told by Singapore Exchange Securities Trading that it was deemed a cash company from May 28 as it no longer had a revenue-generating business.
SINGAPORE COMPANIES

Incredible Holdings says an independent director is assisting in CAD, MAS probe

2026-09-21T15:55:47.000Z
A rendering of 51 Merchant Road. The asset is undergoing refurbishment, which is expected to be completed by Q1 next year.
SINGAPORE PROPERTY

Omnicom said to have leased nearly 50,000 sq ft of office space on 51 Merchant Road

2026-09-17T10:21:27.000Z
The 46,106 sq ft site in Lorong Puntong/Sin Ming Avenue can generate about 140 private housing units.
SINGAPORE PROPERTY

Malaysian developer Eco World tops bids for Sin Ming area housing plot with S$1,612 psf ppr offer

2026-09-17T06:33:57.000Z
The freehold mall’s current net lettable area is nearly 76,660 sq ft.
SINGAPORE PROPERTY

Royal Holdings, RB Capital buy Scotts Square for S$310 million

2026-09-09T09:09:19.000Z
The price for the Bishopsgate bungalow works out to nearly S$2,481 psf on the freehold land area of 16,124 sq ft.
SINGAPORE PROPERTY

Eu Yan Sang family members sell Bishopsgate bungalow for S$40 million

2026-09-04T05:29:45.000Z
Developers pay land betterment charge for the right to enhance the use of some sites, or to build bigger projects on them.
SINGAPORE PROPERTY

Land betterment charges to rise by 3.4% on average for non-landed residential, 3.5% for landed residential uses

2026-08-31T10:00:15.000Z