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.

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 

Asia Square Tower 1 is wholly-owned by sovereign wealth fund Qatar Investment Authority (QIA) will also be part of the fund’s portfolio.

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

Before joining Therme Group, Tan served as chief executive officer of JTC from September 2020 to March 2025.

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’

Generic shots of Vivocity

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...

Talk of potential departures comes on the heels of speculation surrounding (from left) PropertyLimBrothers’ former CEO and co-founder Melvin Lim and its 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

In a bourse filing on Wednesday (Jan 28) MIT’s manager reported a XX per cent fall/rise in revenue to S$XX million in Q3, from S$XX million a year ago.

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

Generic scenes as seen from level 17 of the Mapletree Business City located on Pasir Panjang Road.

Mapletree Logistics Trust Q3 DPU falls 9.3% to S$0.01816

Amount distributable to unitholders declines 8.5% year on year to S$92.7 million in Q3

Rents for warehouses rose XX per cent quarter on quarter and were up XX per cent from Q4 2024.

Rise in Singapore industrial rents tapers to 2.4% for 2025 after almost flat Q4: JTC

Prices rise 5% year on year, with strong buying interest in assets

Valued at S$250 million, Cuppage Terrace is a well-known food and beverage enclave comprising 17 adjoining Peranakan conservation shophouses.

Cuppage Terrace, next to The Centrepoint, up for sale with S$250 million valuation 

A developer can potentially acquire and redevelop both properties, which are next to each other

The region has “very deep and liquid pools of capital”, spanning from sovereign wealth funds, to large highly sophisticated family offices as well as newer and smaller ones.

CapitaLand eyes Gulf region’s ‘deep, liquid pools of capital’, investments in logistics, hospitality  

Real asset manager intends to grow its presence and engage investors in the region, as the oil-producing nations reinvent themselves