Commercial & Industrial

SINGAPORE PROPERTY

Khazanah, Temasek seen putting Marina One up for sale at S$5 billion to S$6 billion

M+S is expected to offer 1.88 million sq ft of offices and 140,000 sq ft of retail space in the integrated development

Two low-rise warehouse blocks are on the 456,814 sq ft site, which has a balance lease of 30 years.

Far East Organization sells Tuas industrial asset for S$121.1 million

The acquisition is understood to be a joint venture deal

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%

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

Crossing the Causeway for shopping and leisure will get much easier when the Johor Bahru-Singapore Rapid Transit System Link becomes operational.
THE LEVEL GROUND

Will FCT’s Causeway Point reel from the opening of the Johor Bahru-Singapore RTS Link?

Busy Singapore residents who value convenience will continue to support strong suburban malls here

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 new Town Hall Link white site has the critical mass needed to catalyse the next phase of Jurong Lake District's development.
THE LEVEL GROUND

Expect carved-out Jurong Lake District site to draw warm response from developers

Town Hall Link white site is expected to be made available in March 2026

Orchard Road malls benefit from recovering tourist arrivals and spending, says Alan Cheong, Savills Singapore executive director of research and consultancy.
OUTLOOK 2026

Prime retail rents seen rising further in 2026 with tenant demand firm amid tight supply

Market watchers expect increases of between 1% and 4%, with city centre malls likely outperforming suburban centres

The supply shortage in the Singapore CBD Grade A office market may be felt more acutely in 2026 if the re-centralisation trend intensifies.
OUTLOOK 2026

Singapore office landlords poised to turn more aggressive in rent expectations

Most property consultants project acceleration in CBD Grade A office rent growth in 2026, on the back of tighter supply

Properties on sites approaching lease expiry could be repurposed to alternative interim uses, ranging from sports and recreation to logistics and urban farming – and even much-needed senior housing and assisted-living facilities.
BRUNCH

Seeing gold in decaying leases: Yield, unlocked potential draw property investors to likes of Hotel Miramar

It can be financially feasible to buy properties on sites with declining balance land tenures. As leases near expiry, the path to switching to interim uses needs to be smoothened for more productive l...