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 portfolio is said to include a row of seven shophouses in Duxton Road next to the Duxton Reserve hotel.
SINGAPORE PROPERTY

Deal brewing for portfolio of 50 conservation shophouses at about S$500 million

2026-08-25T07:19:03.000Z
The deal for the sale of Scotts Square mall, just off Orchard Road, is said to be in the early stages of being worked out, at a price of about S$320 million.
SINGAPORE PROPERTY

Raj Kumar, son Kishin in exclusive due diligence to buy Scotts Square for S$320 million

2026-08-20T06:57:21.000Z
OpenAI is negotiating to lease five office floors in Shaw Tower in Beach Road.
SINGAPORE PROPERTY

OpenAI steps up Singapore footprint, in talks to lease 100,000 sq ft in Shaw Tower

2026-08-14T08:41:51.000Z
How did these families make their mark, and move their business into a second generation?

Legacy builders: The next wave of real estate players

2026-08-12T01:30:00.000Z
Marina Square shopping mall is part of the Marina Square complex, which also includes three hotels.
SINGAPORE PROPERTY

DP Architects, PSB Academy to exit Marina Square ahead of revamp

2026-08-06T11:23:43.000Z
How are Singapore’s largest family-owned real estate groups passing the baton? Who’s who among the names to watch?

Legacy builders: How Singapore's property tycoons primed their empires for the future

2026-08-05T01:00:00.000Z
The 99-year leasehold Berlayar Drive site can yield about 415 private housing units.
SINGAPORE PROPERTY

Hong Leong, GuocoLand JV sole bidder for condo plot on former Keppel Club site

2026-08-04T09:36:45.000Z
Frasers Tower in Cecil Street was valued at S$2.12 billion as at Sep 30, 2025. Only Frasers Property’s half stake is available for sale.
SINGAPORE PROPERTY

More office buildings lined up for sale ahead of impending Marina One deal

2026-07-31T00:22:02.000Z
Islandwide, the amount of occupied office space increased by 86, 111 sq ft of net lettable area in Q2 2026.
SINGAPORE PROPERTY

Singapore prime offices shine as URA rent index rises 0.8% in Q2

2026-07-30T13:13:33.000Z
The two-storey bungalow on the site. The latest indicative price reflects S$3,313 psf on the land area.
SINGAPORE PROPERTY

Lermit Road bungalow owned by family of Dennis Lee’s son on the market at S$98.8 million

2026-07-23T00:47:20.000Z