Shopee’s parent Sea seen consolidating Singapore footprint in one-north, Science Park
The NYSE-listed group is no longer looking for a replacement tenant for 200,000 sq ft of office space it leased in Rochester Commons Read More
Jack Ma’s wife said to have bought three adjoining shophouses on Duxton Road
Zhang Ying, a Singapore citizen, paid about S$45 million to S$50 million for 70, 71 and 72 Duxton Road Read More
Meta giving up 7 office floors totalling 115,000 sq ft at South Beach Tower
Landlord South Beach Consortium was informed in June 2023 and is in advanced negotiation with a replacement tenant for two whole floors Read More
Strata office deals inch up 1.8% to S$1.2 billion, average price climbs 15% in 2023: Knight Frank
Knight Frank expects the strata office market to run up a total transaction value of S$1 billion in 2024 Read More
DBS puts up shophouses for sale to recover loans amid money laundering probe
Market observers noted that FTI’s listings of the 10 shophouses did not indicate a guiding price. They estimated them to be valued at more than $100 million combined Read More
Islandwide net office demand nearly doubles in 2023, URA central region office index up 13.1%
By Kalpana Rashiwala, Business Times / 26-Jan-2024
Analysts see slowing demand and moderating rental growth though pent-up demand in H2 could provide a boost
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Shophouse market slows amid money laundering scandal; sellers more open to negotiation
By Joyce Lim, The Straits Times / 23-Jan-2024
Meanwhile, leasing activity remained resilient, driven by a recovery in tourism
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Allgreen Properties in exclusive due diligence to buy Seletar Mall
By Kalpana Rashiwala, Business Times / 15-Jan-2024
Word in the market is that the price could be about S$520 million
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PGIM Real Estate to begin strata sales at 108 Robinson Road in Q1 2024
By Kalpana Rashiwala, Business Times / 11-Jan-2024
Owners of Peace Centre redevelopment and 55 Market Street also seen as potentially cashing in on strong demand for strata offices
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Commercial building in Prinsep Street up for sale at S$157 million guide price
By Vivienne Tay, Business Times / 03-Jan-2024
Potentially, the existing building could be retrofitted into a hotel, serviced apartments or medical suites
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