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705 Hougang Avenue 2
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705 Hougang Avenue 2, 530705 |
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505D Yishun Street 51
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| 640 | 16 542 S ... |
Clavon @ Clementi
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406 Clementi Ave 1, Singapore 120406Latest Property News
Ascendas India Trust H2 DPU down 14% to S$0.036
ASCENDAS India Trust on Wednesday posted a distribution per unit (DPU) of S$0.036 for the second half of the fiscal year 2021 ended December, down 14 per cent from a DPU of S$0.0419 in the corresponding year-ago period.
'Resilient' suburban retail malls lift FCT's tenants' sales above pre-Covid levels
EVOLVING shopping trends amid the pandemic has lifted sales by tenants at Frasers Centrepoint Trust's (FCT) portfolio of suburban retail malls to above pre-Covid levels in its first quarter ended December.
Brokers' take: OCBC lowers fair value estimate for MIT after paring growth projections
OCBC Investment Research on Wednesday (Jan 26) lowered its fair value estimate on Mapletree Industrial Trust (MIT) to S$3.30 from S$3.42. It has a "buy" rating on the counter.
URA awards Jalan Tembusu and Lentor Hills site to highest bidders
TENDERS for residential sites at Jalan Tembusu and Lentor Hills Road Parcel A have been awarded to their respective highest bidders, announced the Urban Redevelopment Authority (URA) in a press statement on Wednesday (Jan 26).
BCA expects 2022 construction demand between S$27b and S$32b, supported by public sector projects
THE Building and Construction Authority (BCA) has projected the total value of construction contracts awarded in 2022 to be between S$27 billion and S$32 billion, it said on Wednesday (Jan 26).
Sultan Plaza collective sale closing date extended to Mar 3
THE closing date of Sultan Plaza's collective sale has been extended to Mar 3, 2022, to obtain an in-principle approval (IPA) for a potential sale of an adjacent piece of land.
ALog Trust posts H2 DPU of S$0.02464
ARA Logos Logistics Trust (ALog Trust) (K2LU) on Tuesday (Jan 25) posted a distribution per unit (DPU) of S$0.02464 for the second half ended Dec 31, 2021, compared with S$0.02927 in the year-ago period.
Developers show restraint in latest GLS tender, despite shrinking unsold inventory
AT last week's Government Land Sales (GLS) tender - for two 99-year leasehold private housing sites - the top bids broke an optimistic streak of rising land prices at state tenders last year.
Starhill Global Reit posts 2.3% rise in H1 FY21/22 DPU to S$0.0178
STARHILL Global Reit on Tuesday (Jan 25) posted a distribution per unit (DPU) of S$0.0178 for the first half of the fiscal year FY2021/22 ended Dec 31, 2021, up 2.3 per cent from a DPU of S$0.0174 in the corresponding year-ago period.
Frasers Centrepoint Trust's committed retail portfolio occupancy at 97.2% in Q1
THE manager of Frasers Centrepoint Trust (FCT) on Tuesday (Jan 25) reported that committed occupancy for the retail portfolio was stable at 97.2 per cent in Q1 FY2022 ended December, on the back of new retail concepts and brands introduced to refresh shopper experience and ensure sustainable trad...
Frasers Centrepoint Trust's committed retail portfolio occupancy at 97.2% in Q1
THE manager of Frasers Centrepoint Trust J69U (FCT) on Tuesday (Jan 25) reported that committed occupancy for the retail portfolio was stable at 97.2 per cent in Q1 FY2022 ended December, on the back of new retail concepts and brands introduced to refresh shopper experience and ensure sustainabl...
Starhill Global Reit posts 2.3% rise in H1 FY21/22 DPU to S$0.0178
STARHILL Global Reit P40U on Tuesday (Jan 25) posted a distribution per unit (DPU) of S$0.0178 for the first half of the fiscal year FY2021/22 ended Dec 31, 2021, up 2.3 per cent from a DPU of S$0.0174 in the corresponding year-ago period.
Singapore property market could see limited impact from tightened monetary policy
ECONOMISTS do not expect a slight appreciation in the Singapore dollar (SGD) to deter foreign property developers and buyers. Some say it may even be a boon.
Keppel Reit 'quietly confident' despite fall in office occupancy; H2 DPU down 1.7% to S$0.0288
KEPPEL Reit K71U on Tuesday posted a distribution per unit (DPU) of S$0.0288 for the second half of fiscal year 2021 ended December, down 1.7 per cent from S$0.0293 in the corresponding year-ago period.
CICT to divest JCube for S$340m
CAPITALAND Integrated Commercial Trust (CICT) is divesting leisure and edutainment mall JCube for a consideration of S$340 million, its manager announced in a bourse filing on Monday night (Jan 24).
FLCT to divest Cross Street Exchange for S$810.8m
FRASERS Logistics and Commercial Trust (FLCT) (BUOU), through its sub-trust Frasers Commercial Trust, will be divesting its remaining leasehold interest in its mixed-use commercial property, Cross Street Exchange, for S$810.8 million.
Thorny issues around parental help in buying homes
RISING HDB resale prices and more million dollar resale HDB flats being transacted hogged the headlines in Singapore property in 2021.
Keppel DC Reit H2 DPU up 2.8% to S$0.04927; potential lifting of moratorium 'not a concern'
THE manager of Keppel DC Reit has brushed aside concerns over the potential impact of new supply of data centres in Singapore, as the government mulls the lifting of a moratorium on the development of new data centre facilities that has been in place since 2019.
Suspended stock Astaka inks MOU to jointly undertake land development projects with RM1b development value
PROPERTY developer Astaka Holdings has entered into a non-binding memorandum of understanding (MOU) through its subsidiary Astaka Padu with Malaysian company DMR Holdings for a potential collaboration to jointly undertake land development projects in Johor, Malaysia.
Keppel DC Reit H2 DPU up 2.8% to S$0.04927; potential lifting of moratorium ‘not a concern’
KEPPEL DC Reit (Keppel DC Reit) AJBU on Monday (Jan 24) reported a distribution per unit (DPU) of S$0.04927 for the second half of the fiscal year ended Dec 31, 2021, up 2.8 per cent from DPU of S$0.04795 in the corresponding year-ago period.
Yanlord sells all units at Shanghai Poetic Villa inaugural launch, bags 3.2b yuan in pre-sales
REAL estate developer Yanlord Land Group on Monday (Jan 24) announced that it has sold all 514 apartment units during the inaugural launch of its Poetic Villa project in Shanghai.
Singapore shophouse sales hit record S$1.9b in 2021
SHOPHOUSE sales in Singapore hit an all-time high value of S$1.9 billion in 2021, up by approximately S$1 billion from the year before, according to Knight Frank's latest market update on Jan 24.
Frasers Property Singapore appoints new CEO, effective Apr 1
MAINBOARD-LISTED Frasers Property has appointed Soon Su Lin as the new chief executive officer (CEO) of its Singapore unit with effect from Apr 1, 2022, it said in a bourse filing on Monday (Jan 24).
Landed housing project Belgravia Ace about 72% sold
SOME 77 units of the 107-unit freehold strata landed housing project Belgravia Ace were sold over the weekend.
Price tag for ALog-ESR merger raised by 2%; EGM and scheme meeting deferred
THE scheme consideration for the proposed merger of Ara Logos Logistics Trust K2LU and ESR-Reit J91U has been raised to S$0.097 in cash and 1.7729 in ESR-Reit units for every ALog unit, from S$0.095 in cash and 1.6765 in ESR-Reit units previously.
Brokers' take: DBS downgrades Sabana Reit to 'hold' on valuations
DBS Group Research on Friday (Jan 21) downgraded Sabana Industrial Real Estate Investment Trust (Sabana Reit) to "hold" from "buy" based on valuations.
Singapore is third most preferred destination in Apac for cross-border real estate investment in 2022: CBRE
SINGAPORE has been ranked the third most preferred destination for cross-border real estate investment in Asia-Pacific in 2022, according to the findings of CBRE's latest Asia Pacific Investor Intentions Survey.
Keppel data centre fund hits US$1.1b of commitments at final close
KEPPEL Data Centre Fund II has achieved US$1.1 billion worth of total commitments at its final close with Asian Infrastructure Investment Bank (AIIB) joining as its latest investor.
Hatten Land to come up with alternative options for Gold Mart divestment
Tayrona Capital Group Corp has shared certain bank documents with Hatten Land to prove its availability of funds for its payment consideration of US$83 million, Hatten Land said on Thursday (Jan 20) in response to queries from the Singapore Exchange.
Yanlord bags 4.02b yuan in pre-sales in second phase of Shanghai project launch
MAINBOARD-LISTED Yanlord Land Group has sold all 226 apartments in the second phase of a Shanghai residential project's launch, the group announced on Thursday (Jan 20).
Former Caldecott Broadcast Centre to be redeveloped into 15 leasehold GCB plots
REAL estate and healthcare company Perennial Holdings is planning to redevelop the former Caldecott Broadcast Centre site into 15 Good Class Bungalows (GCBs), making it the first major 99-year leasehold GCB site to be launched.
CapitaLand Development sells Hanoi office building for S$751m
CAPITALAND Development (CLD) is divesting its Grade A office building in Hanoi, Vietnam, for S$751 million to an unrelated third party.
European logistics real estate fund sells assets to Blackstone
A EUROPEAN logistics real estate fund managed by Elite Partners Capital has completed the sale of its entire portfolio to a fund managed by the Blackstone Group for 520 million euros (S$795 million).
Latest Blogs
Republic Plaza reopens after S$70m revamp
THU, SEP 26, 2019 - 5:50 AM 21CITY Developments Limited (CDL) on Wednesday unveiled the revamped Republic Plaza, its flagship property in Raffles Place, following an extensive S$70 million asset enhancement initiative (AEI) which started in April 2018.
Braddell View mega site relaunched for en bloc sale at same reserve price of S$2.08b
TUE, AUG 13, 2019 - 1:19 PM 21SINGAPORE'S largest private residential site - Braddell View estate - has been relaunched for collective sale by tender...
Pine Grove's tender ends with no takers
WED, APR 24, 2019 - 5:50 AM 21PINE Grove's S$1.86 billion mega collective sale tender ended on Tuesday with no bidders.
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