3 firms in tie-up to add buzz to CBD heritage area

China Square Central (above), Far East Square, Great Eastern Centre will be integrated to become a precinct called China Place, boosted by new amenities. -- PHOTOS: FRASER CENTREPOINT, BT FILE PHOTO, GREAT EASTERN LIFE ASSURANCE

Published on 17 May 2012 on Straits Times By Amanda Tan THREE firms are joining forces to inject more life into a heritage area within the Central Business District (CBD). Far East Square, China Square Central and Great Eastern Centre are set to be integrated to become a precinct known as China Place, boosted by… Read More

S’pore’s office vacancy rates expected to rise: CBRE

Published on 10 May 2012 on ChannelNewsAsia By Kristie Neo SINGAPORE: Singapore’s office vacancy rates are expected to rise further across all grades and micro markets, with a peak expected in 2013, according to property consultant CB Richard Ellis (CBRE). In the first quarter of 2012, island-wide vacancy in Singapore increased to 7.3 per cent… Read More

Marina Bay attracting finance, insurance firms

Marina Bay is drawing more and more financial and insurance companies, which have taken up about 75 per cent of the occupied office space there, according to property consultancy DTZ. -- ST FILE PHOTO

Published on 6 May 2012 on The Straits Times By Amanda Tan Marina Bay attracting finance, insurance firms MARINA Bay is growing in popularity with financial and insurance companies, drawing them away from their traditional Raffles Place business hub. A recent study by property consultancy DTZ found that Marina Bay hosts a higher percentage of… Read More

More office space for lease this year

A street scene at Raffles Place in Singapore. (File pic)

Published on 3 May 2012 on ChannelNewsAsia By Janice Wu SINGAPORE: DTZ Research said it expects more office space to be returned to the market for lease for the rest of 2012. In a report, DTZ said about 215,000 square feet of shadow space was made available in the first quarter of the year, up… Read More

Office rents up in 13 Asia Pacific markets in Q1

Office workers in Singapore

Published on 2 May 2012 on ChannelNewsAsia By Janice Wu SINGAPORE: Rents of grade A office space has increased in 13 markets in Asia Pacific during the first quarter of 2012, compared to the previous quarter. This is the key finding of Jones Lang LaSalle in its just-released Q1 Asia Pacific Office Index Report. The… Read More

Industrial property prices rise in Q1

Urban Redevelopment Authority

Published on 28 April 2012 on ChannelNewsAsia SINGAPORE: Prices of industrial properties were up 7.3 per cent in the first quarter of 2012. The prices rose sharply compared to the four per cent increase reported in the previous quarter. Within this segment, property prices of multiple-user warehouse jumped 8.8 per cent, while property prices of… Read More

Office vacancy rates down in Q1

Central Business District in Singapore.

Published on 13 April on ChannelNewsAsia By Chia Hui Kheng SINGAPORE: Vacancy rates of Grade A office buildings in the central business district (CBD) declined at a slower pace to 6.5 per cent in the first quarter this year. This compared to the 6.8 per cent fall in the fourth quarter of last year. According… Read More