Singapore commercial property
Singapore retail rents fall 0.6% in Q1 as vacancy rate remains flat: URA
Analysts expect prime retail rents to rise by 1 to 4% in 2026
Frasers Centrepoint Trust in talks to sell White Sands mall for over S$470 million
Local private equity firm TE Capital is said to be the prospective buyer
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
Hong Kong’s Link Reit sells Thomson Plaza retail space for S$250 million
Divestment is priced at a 23% premium to the property’s most recent book valuation
Fortune Reit puts Stars of Kovan retail podium up for sale with S$95 million valuation
The portfolio comprises 36 strata retail units and a basement car park with 80 lots
Record low vacancy pushes Singapore office rents up in Q1, tilts market in landlords’ favour
Global uncertainty and rising business costs may temper near-term demand, but scarce supply keeps rents stable and Reits resilient
Tanoto family’s Pacific Eagle Real Estate seeks S$118 million for Bukit Timah mixed-use property
The company had earlier acquired the site in a 2021 collective sale for S$53.9 million
SingLand sees ‘healthy’ interest in The Clifford ahead of 2028 completion of Raffles Place redevelopment
The group is ‘cautiously optimistic’ on rents in the area, with tight office supply and strong demand for Grade A space expected to lend support
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
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
