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Yap Hui Yee

Pair of Orchard Road Floors Sell for $53M to Set New Singapore Record

2024/09/28 by Christopher Caillavet Leave a Comment

Just two weeks after a new price record was set for a commercial floor on Singapore’s Orchard Road, a two-floor transaction at S$4,988 ($3,896) per square foot has shattered that market benchmark for office space in the Lion City.

Luxury… Read More>>

Singapore Office Rents Hold Steady Despite Opening of IOI Central Boulevard

2024/09/24 by Mingtiandi Team Leave a Comment

Singapore’s office vacancy hit a 2.5 year high in the third quarter of 2024, with an influx of completed projects and near-term economic headwinds cooling down rent growth, according to JLL.

Overall grade A office vacancy in the central business… Read More>>

Charoen Sirivadhanabhakdi Frasers Property (Getty Images)

ThaiBev, TCC Assets Complete $1.7B Frasers Property Share Swap

2024/09/23 by Kevin He Leave a Comment

ThaiBev, the SGX-listed beverage and food giant founded by billionaire Charoen Sirivadhanabhakdi, has completed the transfer of its stake in Frasers Property to a private vehicle controlled by the Thai liquor tycoon, as part of a S$2.1 billion ($1.7 billion)… Read More>>

Garbe Asia managing director Chenhui Xia

German Developer and Fund Manager Garbe Opens First Asia Office in Singapore

2024/09/17 by Christopher Caillavet Leave a Comment

German developer and investment manager Garbe has opened a Singapore office as the firm’s first location outside Europe, tapping former Boyu Capital executive Chenhui Xia to lead the new outpost.

The Lion City office is aimed at connecting Hamburg-based Garbe… Read More>>

Ong Beng Seng

Ong Beng Seng’s HPL Leads Sale Effort for Orchard Road Hotel Complex

2024/09/14 by Michael Cole Leave a Comment

Just over one year after winning provisional approval to redevelop a trio of buildings at the west end of Singapore’s Orchard Road, Ong Beng Seng’s Hotel Properties Ltd is poised to sell a commercial complex along the eastern portion of… Read More>>

Tong building

Orchard Road Office Floor Trades for $24M as Singapore Strata Market Heats Up

2024/09/14 by Christopher Caillavet Leave a Comment

An Orchard Road office floor has sold to a local healthcare group for S$31.3 million ($24 million), deal broker Savills confirmed Friday, as Singapore’s strata market shows signs of picking up amid a broader commercial real estate recovery.

Parkway Hospitals… Read More>>

Darren Sabom, managing director for investment management at 8M Real Estate (Image: 8M Real Estate)

Singapore’s 8M Buys Sceneca Square Mall in Tanah Merah for $49M

2024/09/12 by Christopher Caillavet Leave a Comment

Singapore property investor 8M Real Estate has acquired the single-storey retail podium at the Sceneca Residence project in Tanah Merah for S$64 million ($49 million).

Shophouse specialist 8M bought the under-construction Sceneca Square next to Tanah Merah MRT station in… Read More>>

Sidhu PAG

Knight Frank, PAG, SLB, Yardi Spy Recovery Signals in Singapore Commercial Markets

2024/09/11 by Christopher Caillavet Leave a Comment

Seasoned observers of the city-state’s commercial real estate markets predicted a rebound in deal volume, premised on expectations of lower borrowing costs and a normalisation of asset pricing, in the final session of the Mingtiandi Singapore Forum on Tuesday.

Investors… Read More>>

Singapore Forum Breaks Attendance Record as Investors Crowd Mingtiandi Event

2024/09/11 by Michael Cole Leave a Comment

More than 200 industry leaders attended the Mingtiandi Singapore Forum 2024 on Tuesday, making the event the company’s biggest ever.

Attendees at the forum heard top leaders from Bain Capital point to special situations opportunities in Japan and China, learned… Read More>>

Andrew Burych, Brookfield Asset Management

Mingtiandi’s Singapore Forum to Be Livestreamed on MTD TV

2024/09/06 by Michael Cole Leave a Comment

The Mingtiandi Singapore Forum kicks off on Tuesday morning with nearly 230 senior executives now registered to attend the full-day of discussions at the Pan-Pacific Orchard Hotel.

There are still a few tickets left for the on-location event, which is… Read More>>

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