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.

PhillipCapital's Yik Ban Chong estimates that Centurion's Westlite Ubi dormitory had 5-10 per cent higher rental rates.

Singapore worker dorm rents could rise 5% in 2026 after a H2 2025 dip, as mandated upgrades roll out

Post-upgrades, rents may be raised to reflect the higher quality and costs of maintaining the facilities

Tang Organization said the initiatives could “support higher distributions” in the coming years, while balancing Suntec Reit’s capital management needs and long-term sustainability.
HOT STOCK

Suntec Reit units close 4.3% higher after news of strategic review; units worth S$577 million traded

New sponsor Tang Organization is launching a review to boost portfolio performance and future distributions

The project will feature a 224-key hotel and serviced residence development in PDD’s Tower 98 on a direct 60-year lease.

Punggol Digital District hotel site awarded for S$43.5 million to entity linked to Yeo Hiap Seng family scion

The project will feature a 224-key hotel and serviced residence development

A view of the plots of land near Singapore Botanic Gardens that were part of the land swop deal.

Johor regent applies to build GCBs, low-density housing on Holland Road land; URA to rezone site

Part of the land will also be designated as a Good Class Bungalow Area if rezoning proposal is approved

The new Town Hall Link white site has the critical mass needed to catalyse the next phase of Jurong Lake District's development.

A fresh start for Jurong Lake District with Town Hall Link site released

Government to invest in key infrastructure to reduce uncertainties for developers; project will add at least 40,000 sq m of new office...

The Clifford, formerly Clifford Centre, is a premium Grade A office tower to be launched in Raffles Place.

SingLand sees ‘healthy’ interest in The Clifford ahead of 2028 completion of Raffles Place redevelopment

The group is ‘cautiously optimistic’ on rents in the area, with tight office supply and strong demand for Grade A space expected...

Artist impression of Pinery Residences. The 99-year leasehold development sits on a 253,068 sq ft site.

Hoi Hup, Sunway MCL launch 588-unit Pinery Residences at prices starting from S$2,340 psf

Located in District 18, the mixed-use development is close to Tampines West MRT station

Exterior of Frasers House, a Luxury Collection Hotel, Singapore

Frasers Hospitality to spend S$140 million on refurbishing four assets in gateway cities

This will add more keys to the hotels and improve operational efficiency

A S$50 million AEI at its City Square Mall added 26,000 sq ft of gross floor area to the Kitchener Road property.

CDL eyes chances to unlock value from commercial portfolio, keeps options open for mature assets

Its revamped City Square Mall has about 26,000 sq ft more in gross floor area and new leases at higher rental rate

Aims Apac Reit is selling its industrial property, 8 Senoko South Road, to Sin Hwa Dee Foodstuff Industries for S$15 million.

Credit-friendly climate could spur debt-funded growth for S-Reits: NUS survey

Several S-Reits have already offloaded properties in line with their capital-recycling strategy