Commercial property
URA lifts ban on new hotels, hostels and serviced apartments in Boat Quay, Beach Road areas
The government will also pilot schemes in some precincts to test how space can be used to make the city centre more vibrant
NTT Docomo has sold Tokyo land plots for 59 billion yen amid property market boom: sources
The sales come as the NTT subsidiary struggles to boost profits
Johor property old hand KSL readies family handover amid market boom
The Khoo family’s younger members take on larger roles ahead of at least RM3.8 billion in launches this year
Retail overload: KL and JB set to flood Malaysia’s already saturated mall scene
Some 34 complexes are in the pipeline, mostly in the country’s key urban and cross-border retail hubs
Hong Kong’s Sogo Department store racing to refinance loan: sources
Lifestyle International still needs to nail down HK$2 billion in commitments to meet its target of refinancing HK$6.75 billion outstanding on deal
Frasers sells retail complex in West Sydney to Vicinity Centres for A$400 million
The sale is consistent with its capital recycling strategy, says Australian unit’s CEO
Singapore billionaire population more than doubles as Apac wealth surges: Knight Frank
The number of ultra-high-net-worth individuals has grown by 54.5% in 2021 to 7,171 this year
S$3.9 billion Paragon acquisition seals CICT’s dominance in downtown retail, adds medical exposure
Deal, to be partly funded by S$2.5 billion divestment of Asia Square Tower 2 to IOI, seen as ‘tactical swop’; may yield redevelopment potential on freehold Orchard Road parcel
Three floors of Suntec Towers 1 and 2 on sale for S$135 million
The guide price translates to an average of about S$3,350 per square foot
Mapletree leans into core strength in US logistics as it winds down student housing fund
Disruptions such as trade tariffs have driven US logistics demand as more warehouse space is being leased on reshoring and supply chain adjustments
