S-Reits continue to expand through DPU-accretive acquisitions
THE combined market value of the Singapore Reits and property trusts (S-Reits) sector has grown at a compound annual rate of 6...
Unsold private housing stock on the rise ahead of ramp-up in new launches in 2024
SINGAPORE’S inventory of unsold new private homes rose 20 per cent over the last two years and is expected to continue growing...
Cuscaden Reserve gets ABSD deadline extension, relaunch prices start at S$2,900 psf
MARKETING agents for luxury leasehold condo Cuscaden Reserve in District 10 have been dangling discounted offers starting from S$2,900 per square foot...
Singapore Indoor Stadium to make way for new ‘best-in-class’ indoor arena
THE Kallang Alive precinct is poised for an exciting addition with the construction of a new indoor arena that will replace the...
Jail for man linked to purchase of 3 houses worth over S$6m, bought on Chinese national’s behalf
A SINGAPOREAN man was involved in the purchase of three houses in East Coast Road worth more than S$6 million in total...
Condo rental market shifts: Landlords hit by high supply of newly completed units
WHEN Shawn Lau collected the keys to his two-bedroom Treasure at Tampines condominium unit in December 2023, he was anticipating a swift...
Hwa Hong sells freehold data centre building in Paya Lebar Road for S$140 million
HWA Hong Corporation has sold OneTen Paya Lebar, an eight-storey high-tech industrial building that houses a data centre, for S$140 million.
Hospitality S-Reits record 21% DPU growth in FY2023
HOSPITALITY trusts recently took the spotlight as the S-Reit sub-segment reported year-on-year (yoy) growth in distribution per unit (DPU) for FY2023, bolstered...
Latest land betterment charge rates reflect hot suburban vs cool prime condo markets
THE latest land betterment charge (LBC) rates unveiled on Thursday (Feb 29) reflect the polarised performance and sentiment in the private condominium...
UOL posts 374% leap in H2 profit to S$572.7m on gains from Parkroyal Kitchener sale
REAL estate group UOL has announced a 373.9 per cent leap in net profit to S$572.7 million for its fiscal second half...