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.

Frasers Property continues to manage both the residential and retail units at The Centrepoint.

The Centrepoint’s rear block up for collective sale at S$418 million 

Frasers Property, its developer, is likely to be a top contender for the site for possible redevelopment

On a whole, prices of non-landed homes were up/down XX per cent in Q4, rising at a faster/slower rate than the XX per cent increase in Q3. 

Singapore private home prices up 3.4% in 2025, led by jump in landed property prices

Prime condo prices in Core Central Region fall sharply by 3.2% in Q4 against rest of island’s rises

Subject to planning approval, developers may build around 1,249 dwelling units.

Loyang Valley to relaunch for tender in January at same guide price of S$880 million 

Significant infrastructure and industrial developments are expected in the Changi East area

Tan Boon Liat Building, which was first marketed in February 2025 at S$1.15 billion, is targeting a fresh tender early next year.
OUTLOOK 2026

En bloc sale market in 2026 set to be more active, but challenges remain

Pain points for developers include high costs and limited redevelopment potential, say market watchers

The year's largest real estate deal in Singapore so far is the sale of a one-third share in MBFC Tower 3 by Hongkong Land to Keppel Reit for S$1.45 billion.

Lower funding costs, firm fundamentals to fuel appetite for Singapore commercial real estate 

Office and industrial deals are the flavour of the year; interest in the living and hospitality sectors has also risen

Developers are increasingly signalling that they are ready to enter a new growth phase, DBS Research said.

DBS bullish on developers, hikes up target prices for CDL, UOL, GuocoLand  

The increase comes on lower interest rates and plans by these firms to recycle capital and rejuvenate assets

CLAR acquired a data centre at 9 Tai Seng Drive this year which will expand its data centre footprint by 32.8 per cent.
HOCK LOCK SIEW

Should CapitaLand Ascendas Reit rejig its portfolio further in favour of data centres and life sciences assets? 

With the Reit in a prime position to capitalise on its advantage in such assets, this is the right time to seize...

Kiong has spent four decades in the hotel industry, where he held senior roles in luxury hotels including the Mandarin Oriental in Hong Kong and the Ritz-Carlton in New York City. 

Far East Hospitality’s Arthur Kiong looks back on 4 decades in the hotel industry 

He says the sector has provided him with more opportunities than he dared to dream of

Experiences which are unique, to the point that visitors are prepared to pay handsomely in order to enjoy them, would be the challenge going forward.

Singapore tourism industry must create unique experiences to survive: veteran hotelier Arthur Kiong

He brings his philosophy to life with the four hotels Far East Hospitality manages on Sentosa

Net proceeds to be raised from the issue of new shares will amount to about S$2.15 million.

Noodle maker Leong Guan Holdings to offer 20.65 million shares at S$0.23 each in Catalist listing

The group intends to distribute a minimum of 80% of FY2025 net profit as dividends