Singapore property

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

Construction and property developer Low Keng Huat now has less than 10% of its issued share capital in public hands – the minimum required to maintain a listing.

Low Keng Huat privatisation imminent as offeror secures over 90% of shares

Consistent Record’s final offer of S$0.78 a share is 8.3% or S$0.06 higher than its initial price

For the whole of 2025, URA’s office rental index for the central region increased by 0.3% after remaining unchanged in 2024.
SINGAPORE PROPERTY

Singapore office rents rise, vacancies ease in Q4 as supply tightens

URA’s vacancy rate for Category 1 offices falls for third consecutive quarter to 9.3%

The 99-year leasehold plot can yield about 480 private homes.
SINGAPORE PROPERTY

Top bid for Dairy Farm condo site is 5.7% lower than that for nearby plot sold a year ago

The S$427 million or S$962 psf ppr offer is from a consortium comprising ABR, LWH, Macly Capital and Roxy Pacific

78 Shenton Way’s Tower 1 (first from right) is a 34-storey granite-clad building completed in 1988. The 11-storey glass-clad Tower 2 beside it was completed in 2009.
SINGAPORE PROPERTY

Robert Kuok’s Allgreen Properties nears deal to buy Singapore office block at 78 Shenton Way: sources

The PGIM-managed fund that owns the property is seen exiting at a loss

Altallo has been doing due diligence on the i12 Katong mall, at the corner of East Coast and Joo Chiat roads.
SINGAPORE PROPERTY

Indonesian tycoon Sukanto Tanoto’s eldest son buying Singapore retail assets: sources

Private vehicle linked to Andre Tanoto said to have picked up Lian Beng’s four big HDB units, is in due diligence for i12 Katong and batch of 11 retail units put on the market by Mercatus

The sale of Bukit Panjang Plaza is part of CICT’s broader portfolio reconstitution strategy.

CICT to divest Bukit Panjang Plaza for S$428 million

The sale is being undertaken to optimise the Reit’s portfolio and to give it greater financial flexibility

The apartments in the rear block of The Centrepoint next to Cuppage Terrace.
HOCK LOCK SIEW

Frasers Property gaining full ownership of The Centrepoint rear block not a sure thing

The dynamic could change if the owner of Cuppage Terrace puts his asset up for sale soon, too

Data from the Council for Estate Agencies showed there was a drop of about 10 per cent in the number of property agencies over the past three years.

Fewer property agencies, slower agent growth amid rising costs, tighter anti-money laundering rules

CEA expects transactions to fully comply with the revised requirements from Jan 1, 2026

Of the 24 units in Block 34 Kim Cheng Street, 16 voted in favour of the HIP, two voted against and six did not vote.

Home Improvement Programme voting process to be studied after 2 Tiong Bahru HDB blocks miss threshold

[SINGAPORE] The authorities will study the voting process for the Home Improvement Programme (HIP), after two HDB blocks in Tiong Bahru narrowly missed the voting threshold in November.