The Business Times
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Chong Xin Wei

Chong Xin Wei

JOURNALIST

Chong Xin Wei is a journalist at BT’s property desk. She is a graduate of the Wee Kim Wee School of Communication and Information.

emailcxinwei@sph.com.sg
The S$1 billion wellness attraction in Marina South is slated to open in 2030.
BRUNCH

Beyond beaches or Bali: Singapore’s push for urban wellness tourism

A billion-dollar thermal bath facility is part of the city-state’s bid to grab a slice of the fast-growing pie

The River Valley Green (Parcel C) site is expected to yield 470 homes.
SINGAPORE PROPERTY

Sunway MCL, CSC make bold bet on River Valley site with S$1,730 psf ppr bid at S$750.6 million

Top bid for River Valley Green plot marks new high for land in the area, and is about 22% above price of the last site sold nearby

Orchid Hotel is on levels three to 20 of the 20-storey building at 1 Tras Link.
SINGAPORE PROPERTY

Orchid Hotel in Tanjong Pagar sold for about S$273 million

The buyer is a JV between a local developer and Westmont Hospitality; hotel is expected to be rebranded

Allowing some older malls to evolve organically could help Orchard Road retain diversity, says one observer.
SINGAPORE PROPERTY

Room for more offices, homes and green spaces to make Orchard Road more vibrant

Beyond tourists and shoppers, the precinct needs a stronger base of residents, workers and repeat visitors: analysts

The Rest of Central Region led in condo and private apartment sales, accounting for about three-quarters of sales.
SINGAPORE PROPERTY

New private home sales at three-month low in May, with only one major new launch; developers sell 447 units in all

Still, the latest monthly sales figure is up 43.3% from the year before

Singapore continues to be an important market for big luxury houses, such as Hermes and Chanel.

As luxury retail goes big, can Singapore’s Orchard Road keep up? 

Rival cities with stronger tourist pull and more real estate are drawing larger stores and more investment

Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

Top malls there are doing well, but observers ask if Singapore’s premier retail belt can still shine

In the latest financial year, Mapletree chalked up total gross proceeds of S$4.2 billion from divestments.

Temasek’s Mapletree Investments FY2026 net profit rises 25.7% to S$285.6 million on lower revaluation losses

The Temasek-owned property giant’s AUM stands at S$76.2 billion as at end-March

Ng Kiat, Mapletree’s regional chief executive officer for logistics development in Asia-Pacific, says institutional investor interest in emerging Asia remains strong.

Mapletree eyes mid-2026 first close for US$1.8 billion emerging Asia logistics development fund

The closed-end logistics fund will hold development assets with total AUM of up to US$1.8 billion when completed

Regulatory changes supporting initiatives such as private Reits have improved liquidity for quality assets, with both local and foreign investors starting to use such structures as pathways to generating liquidity.

Domestic capital reshapes China real estate deals as asset managers redirect to ‘China-for-China’ play

Mapletree exploring first renminbi fund with Chinese insurers, while CapitaLand eyes second C-Reit with 4.8b yuan IPO in coming months

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