Outlook for S'pore industrial space stable: analysts

THE latest industrial property market statistics from JTC Corporation point to the best annual performance in four years, according to some property consultants who suggest that the segment may have bottomed.

Rents, prices of Singapore industrial space unchanged in Q4 2018: JTC

RENTALS and prices of industrial space in Singapore remained unchanged in the fourth quarter of 2018 over the preceding quarter, according to the latest data from industrial land and infrastructure agency JTC Corp.

BT EXCLUSIVE

Google in talks for 400,000 sq ft space at Alexandra Technopark

GOOGLE is planning to expand in Singapore, going by market talk that it plans to boost its real estate footprint on the island.

Club St hotel site sets record price for 99-year land at GLS tender

A PLUM hotel site along Club Street in the CBD on Tuesday drew hotel groups from Singapore and the region, resulting in a record price being set for 99-year leasehold hotel land at a Government Land Sales (GLS) tender.

Club Street Hotel site draws top bid of S$2,148.50 psf ppr

STATE tenders for three sites closed on Tuesday, Jan 15, 2019. 

BT EXCLUSIVE

Shopee fully leases 5 Science Park Drive

SHOPEE, the e-commerce arm of Singapore-based, New York-listed Sea Ltd, is understood to have fully leased a new business park development at 5 Science Park Drive.

The property merry-go-round: anomalies in the market

IT used to be that properties in Good Class Bungalow (GCB) Areas - the most prestigious form of landed housing in Singapore - were bought by Singapore's captains of industry, tycoons and well-heeled foreigners turned Singaporeans....

HOCK LOCK SIEW

Sell Singapore residential, buy office? Not a foregone conclusion for all

MOST property analysts at stockbroking houses have a negative view of the Singapore private residential sector and a positive view on the office market.

Charles & Keith buys S$60m building next to HQ in Tai Seng Link

FOOTWEAR, bag and accessories maker Charles & Keith Group is buying an industrial building next to its headquarters in Tai Seng Link to cater for its business expansion plans.

TOPLINE

Allianz Real Estate seeking to expand in Asean

ALLIANZ Real Estate (ARE), which recently acquired a 20 per cent stake in Ocean Financial Centre in the Singapore CBD for S$537.3 million, is seeking to expand in Asean in 2019.

BT EXCLUSIVE

Gaw Capital Partners said to be buying Robinson 77 for about S$710m

AN ENTITY controlled by Hong Kong private equity property group Gaw Capital Partners is understood to be buying Robinson 77 for about S$710 million from a fund managed by CLSA Real Estate.

OUTLOOK 2019

Clear skies for Singapore office sector - but beware potential headwinds

SINGAPORE prime CBD Grade A office rentals are heading into their third year of increases on the back of steady demand amid tightening completion of new office space.

Developers' November sales jump but challenges lie ahead

NEW sales of private homes jumped last month to nearly two and a half times that of the previous month as developers revved up launches to make up for lost ground when some of them held back launches in October.

Singapore developers sell 1,198 private homes excluding ECs in November

DEVELOPERS in Singapore sold 1,198 private homes last month, nearly 2.5 times the 487 units they moved in October 2018 and about 1.5 times the 788 units they moved in November 2017.

Duck & Hippo founder sets another record price for shophouse

DUCK & Hippo group founder James Heng continues to pile up on conservation shophouses.

Eurokars Group buys 23 Leng Kee Rd for S$33m

MOTOR trade entrepreneur Karsono Kwee's Eurokars Group is expanding its property ownership in the prime Leng Kee motor belt.

Private housing supply from H1 2019 land sales cut by 20%

THE government has cut the private housing supply from its first-half 2019 land sales programme by 20 per cent from the current half, bringing it to the lowest level in 12 years.

Variety of choice sites on H1 slate; seven of total 14 sites are new

The Ministry of National Development's first-half 2019 Government Land Sales supply may be subdued but still offers a selection of choice sites....

MND cuts private housing supply for H1 2019 Government Land Sales Programme by about 20%

THE government has decided to moderate the total supply of private residential units for the first-half 2019 Government Land Sales (GLS) Programme, citing the significant growth in pipeline supply while demand has started to moderate following the introduction of the July property cooling...

Flash: MND to release land for 6,475 private residential units (including ECs) in H1 2019

THE government on Thurday announced the first-half 2019 Government Land Sales (GLS) Programme, which comprises five confirmed list sites and nine reserve list sites. These sites can yield about 6,475 private residential units (including executive condominium or EC units), 86,000 square metres...

HOCK LOCK SIEW

Brexit may be the panacea to Kwek's M&C headache

THE abrupt departure in September of Millennium & Copthorne Hotels' (M&C) group chief executive Jennifer Fox, just slightly over three months after her appointment, has once again put the spotlight on M&C chairman Kwek Leng Beng's problem with retaining CEOs at...

BT EXCLUSIVE

Former Midas chairman's bungalow fetches S$30.8m in mortgagee sale

SOME notable bungalow deals have taken place recently in Good Class Bungalow (GCB) Areas as well as in the Sentosa Cove waterfront housing locale.