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URA chief executive officer Lim Eng Hwee

Singapore Home Sales Climb 2.2% After May Plunge as Buyers Weigh Options

2024/07/15 by Christopher Caillavet Leave a Comment

New private home sales in Singapore crept up 2.2 percent in June from May’s low base, according to data released by the Urban Redevelopment Authority on Monday.

Excluding executive condos, developers sold 228 new homes in June after moving just… Read More>>

Ong Beng Seng

Cuscaden Peak, Kajima Seeking $596M for Singapore’s Woodleigh Mall

2024/07/13 by Christopher Caillavet Leave a Comment

Cuscaden Peak is marketing its Woodleigh Mall in north-central Singapore for S$800 million ($596 million), sources confirmed to Mingtiandi on Friday.

The retail project next to Woodleigh MRT station was completed last year and is held in a 50:50 joint… Read More>>

Temasek Holdings chairman Lim Boon Heng

Singapore’s Temasek Boosts Portfolio Value by 1.8% to $288B on US, India Strength

2024/07/10 by Christopher Caillavet Leave a Comment

Singapore state holding firm Temasek reported a net portfolio value of S$389 billion ($288 billion) for its financial year to the end of March, up S$7 billion from a year ago, as investment returns from the US and India offset… Read More>>

Visioncrest Commercial_External_Still_E02.tif

TE Capital, LaSalle, Metro in Due Diligence for Sale of First Units in Orchard Area Project Sponsored Feature

2024/07/10 by Platform Sponsor Leave a Comment

TE Capital Partners, LaSalle Investment Management and Metro Holdings Limited (as a capital partner of the TE Capital-managed vehicle), are closing in on the first sales of units in their Visioncrest Orchard, a commercial project in the heart of Singapore’s… Read More>>

Ms Christina Tan (1) (1)

Mapletree Selling Singapore Office Park to Keppel Education Fund for $119M

2024/07/08 by Michael Cole Leave a Comment

Singapore’s commercial real estate market continues to show signs of revival with Mapletree Investments having agreed to sell a suburban office asset to a Keppel-managed fund for S$160 million ($118.5 million), according to sources familiar with the transaction who spoke… Read More>>

David McKellar of CBRE

Singapore Core CBD Office Rents Stayed Flat in Q2, Snapping 3-Year Growth Streak: CBRE

2024/07/03 by Christopher Caillavet Leave a Comment

Grade A office rents in Singapore’s core central business district remained flat in the April-June period after 12 straight quarters of increases, according to CBRE.

Second-quarter rents averaged S$11.95 ($8.80) per square foot per month in the core CBD, bringing… Read More>>

Hines Teams With Mitsubishi, Mitsui to Buy Singapore Warehouse From Tobacco Giant

2024/07/02 by Christopher Caillavet Leave a Comment

Hines has acquired a northern Singapore logistics asset in partnership with Japan’s Mitsubishi Estate and Mitsui & Co, marking the US developer and investment firm’s second industrial deal in the Lion City.

Houston-based Hines, property giant Mitsubishi Estate and Mitsui… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore Private Home Price Growth Slows to 1.1% as Sales Flatten

2024/07/02 by Christopher Caillavet Leave a Comment

Flash data showed that Singapore’s private home prices rose 1.1 percent in the second quarter of 2024, easing from 1.4 percent growth in the first three months of the year as transaction volume remained flat, according to the Urban Redevelopment… Read More>>

Apricot Capital managing partner Darren Teo

David Teo’s Apricot Capital Leads Funding Round for Singapore Co-Living Operator

2024/06/26 by Christopher Caillavet Leave a Comment

Singapore’s The Assembly Place has raised S$5.33 million ($3.9 million) from a pre-Series A funding exercise anchored by Apricot Capital, surpassing the co-living owner-operator’s S$5 million target.

The fresh funds will fuel TAP’s growth as it seeks to increase its… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore to Release Development Sites for 5,050 Homes in Second Half of 2024

2024/06/26 by Christopher Caillavet Leave a Comment

Singapore on Tuesday announced a second-half confirmed list of the Government Land Sales programme that would bring total supply in 2024 to 11,110 private homes, representing the most supply introduced in a single year since 2013.

The confirmed list comprises… Read More>>

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