Singapore commercial property

This is the third-generation scion’s attempt to modernise his family’s property business, one curated project at a time 

But market watchers say the moves are isolated and not a structural migration

The two-storey shophouses are fully let; tenants include Pet Lovers Centre, a spa, bakery and F&B outlets

Tribunal highlights the importance of finality, saying the company should not be allowed to ‘cherry-pick’

Still, unitholders vote overwhelmingly in favour of the proposed acquisition, with 99.96% of votes for it

The government will also pilot schemes in some precincts to test how space can be used to make the city centre more vibrant

The price gap between buyers and sellers has narrowed – small enough to find a negotiated middle ground

Analysts expect prime retail rents to rise by 1 to 4% in 2026

Local private equity firm TE Capital is said to be the prospective buyer