Tech layoffs hit S’pore’s office sector as Google gives up space, but analysts see bright spots
United States Internet giant Google, Facebook owner Meta, Twitter and consumer Internet company Sea are among some of the companies that have announced layoffs here. Read More
Public-sector healthtech agency IHiS to be anchor tenant at Elementum in one-north: sources
Integrated Health Information Systems expected to relocate from 6 Serangoon North Avenue 5; its lease expires early next year Read More
Orchard Towers collective sale falls through
AN attempt for the collective sale of Orchard Towers has failed to obtain the requisite 80 per cent consent from unit owners Read More
Commercial building Bugis Point up for sale at S$92 million
The six-storey building has a site area of 2,784 sq ft which is zoned for commercial use under the Urban Redevelopment Authority’s Master Plan Read More
Shenton House on the market at S$590 million reserve price
Zoned for commercial use, the 36,350 sq ft site on Shenton Way is eligible under the CBD incentive scheme for 25 per cent bonus gross floor area Read More
Viva Land-linked units put Singapore assets up for sale for about S$700m
By Kalpana Rashiwala, Business Times / 20-Jan-2023
Indicative pricing for Robinson Point said to be S$470m; for Hotel Telegraph, the indicative price is S$240m
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Office investment sales headed for slow start in 2023 amid price gap, higher borrowing costs
By Kalpana Rashiwala, Business Times / 29-Dec-2022
Activity is expected to pick up when interest rate outlook clears, aiding price discovery
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Office leasing activity to take a hit, shadow space to rise next year
By Kalpana Rashiwala, Business Times / 27-Dec-2022
But most CBD Grade A office landlords may still be able to eke out a modest rental increase in 2023, given the generally tight supply
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Golden Mile Tower’s S$650m en bloc tender launched
By Corinne Kerk, Business Times / 18-Nov-2022
Golden Mile Tower comprises 405 strata lots, with a total of 251 retail units, 152 office units, a cinema and a carpark.
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Sea seeking replacement tenant for its 200,000 sq ft of space in Buona Vista
By Corinne Kerk, Business Times / 18-Nov-2022
Shopee parent pull brakes on spending in fight for profitability
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