Singapore commercial property

CDL eyes chances to unlock value from commercial portfolio, keeps options open for mature assets

Its revamped City Square Mall has about 26,000 sq ft more in gross floor area and new leases at higher rental rate

Holland Piazza was built on the original site of the Eng Wah open-air cinema in the 1970s.
SINGAPORE PROPERTY

Hong Fok family scion Cheong Sim Lam buys retail property Holland Piazza for S$100 million

The buyer is likely to reposition the mall’s basement with wellness or entertainment operators to complement Holland Village’s family-friendly appeal

The owners of Orchard Shopping Centre, built by Far East Organization, are attempting a collective sale for the first time.
SINGAPORE PROPERTY

Ossia’s Goh family picks up S$73 million bloc of 18 strata units at Orchard Shopping Centre

While there are plans to enhance the units’ facades, the buyer will likely wait for greater clarity on the outcome of the building’s collective sale

City Plaza, completed in 1980, was CDL's first mixed-development project.
SINGAPORE PROPERTY

City Plaza owners eye another mega en bloc attempt with S$970 million reserve price

The latest push comes amid mounting challenges faced by owners of the ageing strata mall

Notable commercial deals in Q4 2025 include the S$809 million acquisition of The Clementi Mall by an entity linked to The Elegant Group.

Singapore property investment sales reach S$34.1 billion in 2025, highest in 8 years

Savills expects 2026 figure to be on a par, amid lower financing costs, asking prices and opportunities for asset repositioning

Tong Yan, managing director of New Vision, said the 15 Enggor Street property is meant for "long-term legacy purposes".

Steel tycoon You Zhenhua’s New Vision takes over 15 Enggor Street project

The hospitality development, operated by The Ascott, will be completed in Q4 2029

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

Marina Square complex comprises Marina Square shopping mall and three hotels: Pan Pacific Singapore, Parkroyal Collection Marina Bay and Mandarin Oriental, Singapore.

SingLand moves to add condo tower, serviced apartments and mixed-use block in Marina Square redevelopment

Acquisition of S$99-million land parcel part of proposal to turn iconic complex into ‘Singapore’s first hyper-mixed development’

Proceeds from the sale of Raffles Education Square (above) will be redeployed to improve working capital and fund higher-yielding initiatives, says the company.

Raffles Education sells 51 Merchant Rd to LaSalle JV for S$121.8 million; reaps S$53 million gain

Four-storey commercial building with conserved buildings and basement car parks sold for about 78% over book value

Premium rents for retail spaces in prime locations remain underpinned by deep-pocketed international operators, says Ethan Hsu, Knight Frank Singapore's head of retail.

Chick-fil-A, Chipotle, South Korea’s Lotteria join global F&B giants tapping Singapore consumers’ evolving taste

New openings come as China brands like Luckin, Chagee, Mixue consolidate, upgrade after breakneck expansion to over 400 outlets