Published on 26 March 2012 on Straits Times By Esther Teo, Property Reporter Their appeal grows as residential market cools and office rents rise NOT only are shophouses key elements of Singapore’s architectural heritage, they are increasingly coveted as investments. Prices have been shooting up, and savvy investors who caught the wave in recent years… Read More

Published on 20 March 2012 on Straits Times By Esther Teo, Property Reporter THE Government has wasted no time in tackling a thorny problem that had sprung up over the wrong type of tenants using factory space to get cheap rent. The prompt action seems to have been set in train by a no-nonsense blog… Read More

Published on 16 March 2012 on ChannelNewsAsia By Wong Siew Ying SINGAPORE: Developers and property agents must not mislead buyers into mis-using industrial land for unauthorised commercial or office activities. In fact, they are required to inform prospective buyers upfront that industrial units can only be used for industrial activities. In a blog post on… Read More

Published on 15 March 2012 on ChannelNewsAsia By Wong Siew Ying SINGAPORE: Real estate consultancy Jones Lang LaSalle (JLL) says rental growth is expected to be healthy in emerging Southeast Asian economies. Releasing its first quarter Asia Pacific office rental market update, the firm projects grade A office rental to grow 6 to 8 per… Read More

Published on 13 March 2012 on ChannelNewsAsia By Wong Siew Ying SINGAPORE: A total of 66 strata-titled office units in Burlington Square have been put up for sale by expression of interest by property consultant, Colliers International. In a statement, Colliers said buyers are to submit their offer by noon on April 18, 2012. Burlington… Read More

Published on 12 March 2012 on ChannelNewsAsia By Millet Enriquez SINGAPORE : Three new tenants are taking up space at the Tower 3 of Marina Bay Financial Centre (MBFC). According to a news release, the three are mining group Rio Tinto, Fitness First and The Regus Group. They will collectively occupy a total of 75,000 square… Read More

Published on 28 February 2012 on Straits Times By Cheryl Lim OFFICE rents here are likely to keep sliding but the decline will not be as bad as in 2009 when the financial crisis was raging, according to a Colliers International report. Colliers expects rents to fall by between 10 per cent and 15 per cent… Read More

Published on 7 February 2012 on ChannelNewsAsia By Venus Hew SINGAPORE : A billion-dollar office block is being erected at the site of Market Street Car Park in Singapore’s financial district. As the market for prime-grade office space is softening, property analysts are wary that the developers may not achieve the rentals they are seeking…. Read More

Published on 7 February 2012 on Straits Times Golden Shoe likely to go the way of Market Street Carpark By Cheryl Lim And Lo Yee THE shortage of parking spaces in the city could get even worse with Capitaland considering redeveloping the Golden Shoe Carpark now that its revamp of the former Market Street Carpark… Read More

Published on 28 January 2012 on ChannelNewsAsia By Lynda Hong SINGAPORE : Experts have said that commercial and industrial property will continue to outperform the office market this year. This comes after Urban Redevelopment Authority (URA) figures showed higher quarterly prices for industrial (4 per cent quarter-on-quarter) and commercial assets (13.8 per cent quarter-on-quarter). Meanwhile,… Read More