The Business Times

Orchard Road

Property

Ong Beng Seng’s HPL looks to cut stakes in Forum mall, voco Orchard hotel: sources

rydmp25 - An artist’s impression of the mixed-use hub planned for the new Paterson neighbourhood on top of Orchard MRT station. Credit: URA
Property
DRAFT MASTER PLAN 2025

New private homes planned in Paterson, Newton areas

Rents in prime malls along Orchard remain supported by the limited availability of space in the shopping district.
Property

Singapore retail vacancy creeping up with more tenants looking to exit

Redeveloping voco Orchard Singapore, the Forum and HPL House might yield much benefit for Hotel Properties Limited's shareholders.
Opinion & Features
THE LEVEL GROUND

As Ong Beng Seng exits HPL management, selling his stake is logical next step 

Paragon Reit's minority investors will meet on Apr 22 to decide on the fate of Times Properties' proposed privatisation.
Opinion & Features
THE LEVEL GROUND

Can Paragon Reit upgrade crown jewel Paragon without unitholders’ distribution taking a big hit? 

According to its management body, the retail space on the first four floors of Orchard Towers is nearly 80% occupied.
Property

New tenants moving into Orchard Towers as mall sheds sleaze

Generic photo of Orchard Towers.
Commercial & Industrial
SINGAPORE PROPERTY

Church in S$54.5 million purchase of 19,289 sq ft retail space in Orchard Towers

The portfolio comprises a food court spanning 3,046 square feet (sq ft) and seven retail units
Property

Far East Organization puts 14 units in Lucky Plaza up for sale for S$52.6 million 

While the capitalisation rates used to value Paragon are skinny, the asset might fetch a frothy price due to its premium quality and scarcity value.
Opinion & Features
HOCK LOCK SIEW

Could Paragon soon change hands?

Embattled tycoon Ong Beng Seng's Hotel Properties can make a major contribution to Singapore by successfully redeveloping a trio of its Orchard Road assets.
Opinion & Features
THE LEVEL GROUND

Ong Beng Seng-linked Hotel Properties’ potential project is the best bet to rejuvenate Orchard Road 

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