Investment market seeing more buzz for office buildings, malls and hotels

THERE seems to be a growing wave of excitement in Singapore’s property investment scene for office buildings and malls; the fervour also appears to have extended to hospitality assets.

With borrowing costs seen to be peaking, some investors are eyeing pockets of opportunities, including potential for exits via strata sales, asset repositioning, or simply taking a longer-term view.

In the suburban retail sector, Cuscaden Peak Investments and United Engineers are expected to put The Seletar Mall on the market, at a guide price of about S$500 million.