Jessie Lim

Jessie Lim

CORRESPONDENT

Jessie is a correspondent with The Business Times covering the property beat. She studied political science and holds a double degree from Sciences Po Paris and the National University of Singapore.

This comes at a time when the supply of HDB flats available for rental and completed private residential properties is rising, says Huttons Asia's Mark Yip.
SINGAPORE BUDGET 2026

Budget 2026: HDB, private rental markets may take hit from higher foreigner work pass salary thresholds

Increased business costs may lead employers to trim hiring, market watchers say

River Modern begins booking sales on Mar 7.

GuocoLand launches River Modern with prices from S$2,877 psf 

Prices for the 455-unit District 9 project start at about S$1.55 million for 2 bedders

5 Science Park Drive (above) was among Clar's new acquisitions in 2025.

CapitaLand Ascendas Reit looks to redevelop older business park and data centre assets, as H2 DPU falls 2% to S$0.07528 

The older business park assets are in Changi Business Park and International Business Park

CLCT's retail and business park segments log revenue declines, while the logistics park segment’s revenue increases.

CapitaLand China Trust H2 DPU down 11.7% at S$0.0233 on lower retail, business park revenue

One of its manager’s priorities for 2026 is to source a replacement asset for CapitaMall Yuhuating 

Several sources The Business Times spoke to have described Chua as an agent who was “instrumental” in bringing in projects from developers.

Top agent Rayne Chua at Melvin Lim’s KW Singapore leaves for ERA with many members of her team

KW Singapore was founded by the PropertyLimBrothers ex-CEO as a franchise of US real estate agency group Keller Williams 

View of Asia Square Tower 1. Hongkong Land is the general partner and manager of the fund, and holds a majority stake at inception as a founding investor, along with QIA and APG Asset Management.

Hongkong Land launches S$8.2 billion private fund with portfolio including Asia Square Tower 1 and One Raffles Link

Singapore’s largest commercial real estate private fund is targeting to reach at least S$15b in gross asset value

Tan says: “Singapore is uniquely positioned to become a leading hub for urban well-being in Asia."

Ex-JTC chief Tan Boon Khai named Therme Group Singapore CEO

The veteran will lead the development of ‘Asia’s first next-generation urban well-being destination at Marina South’

VivoCity, which continued to have 100% committed occupancy, anchored MPACT's operations, says the Reit manager.

Mapletree Pan Asia Commercial Trust Q3 DPU rises 2.5% to S$0.0205

[SINGAPORE] Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Jan 30) posted a distribution per unit (DPU) of S$0.0205 for the third quarter ended Dec 31. It will be paid on Mar 18.

Talk of potential departures comes on the heels of speculation surrounding PropertyLimBrothers’ former CEO and co-founder Melvin Lim (left) and former vice-president of strategy Grayce Tan.

Melvin Lim, Grayce Tan step down from KW Singapore leadership roles; Jonathan Lee appointed to lead agency

Rumours of potential exits are circulating within the industry, sources say

MIT's amount distributable to unitholders declined 6.9% to S$90.5 million from S$97.1 million in the year-ago quarter.

Mapletree Industrial Trust Q3 DPU falls 7% to S$0.0317 

The manager remains committed to its divestment target of S$500 million to S$600 million in North America