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Tan Yew Chin CapitaLand Development

CapitaLand to Redevelop Singapore’s JCube Mall Into 40-Storey Residential Project

2023/02/07 by Christopher Caillavet Leave a Comment

Singapore’s CapitaLand Development has obtained provisional permission from authorities to redevelop its JCube mall into a 40-storey residential project after acquiring the property from an affiliated REIT one year ago.

Targeted for completion in 2027, the development will feature commercial… Read More>>

Matthew Ong, CEO of SLB Development

Singapore’s SLB Buys South Bridge Road Commercial Assets From Hwa Hong for $10M

2023/02/06 by Beatrice Laforga Leave a Comment

Singapore-listed builder SLB Development has picked up a pair of low-rise office buildings between the city-state’s Boat Quay and Clarke Quay areas with plans to renovate or redevelop the ageing assets near the Singapore River, Mingtiandi has learned.

The property… Read More>>

Todd-Olson Cushman & Wakefield

Singapore Leads APAC Data Centre Rankings with 2% Vacancy

2023/02/05 by Greg Isaacson Leave a Comment

Singapore remains the top hub for data centres in Asia Pacific, with record low vacancies of 2 percent in 2022, while Hong Kong ranks second despite climbing land prices, according to Cushman & Wakefield’s global comparison of homes for server… Read More>>

Guoco Midtown

Guoco Midtown Office Project Opens Doors to Tenants in Singapore 

2023/02/02 by Beatrice Laforga Leave a Comment

GuocoLand has obtained the temporary occupation permit for the office component of its S$2.4 billion ($1.83 billion) Guoco Midtown project, opening the doors for tenants to begin occupying the 30-storey tower in Singapore’s downtown core, the Singapore-listed developer announced Tuesday.

… Read More>>

Boustead Fund Acquires Singapore Industrial Building For $75M

2023/02/02 by Beatrice Laforga Leave a Comment

A fund led by Singapore’s Boustead Projects and Metro Holdings is acquiring an industrial facility in the city-state’s Paya Lebar region for S$98.8 million ($75.16 million) as Boustead expands its management of third party capital.

The SGX-listed duo, together with… Read More>>

Brian Kwon Dexus

Dexus Opens Singapore Office, Hires Brian Kwon as Head of Distribution for Asia

2023/01/31 by Christopher Caillavet Leave a Comment

Australian property major Dexus is extending its regional reach with the opening of a new office in Singapore and the hiring of Brian Kwon as head of distribution for Asia.

The Singapore office will support the growth of Dexus’s funds… Read More>>

AT Capital founder and group chairman Arvind Tiku

Singaporean Family Office AT Capital Buys Warsaw Mixed-Use Project

2023/01/30 by Greg Isaacson Leave a Comment

AT Capital Group has completed its acquisition of a project in central Warsaw, Poland, where the Singaporean family office is mulling the development of a 41-storey mixed-use commercial and residential tower.

Savills advised the investment firm controlled by Indian-born billionaire… Read More>>

NEX Mercatus

Frasers Group JV Buys Half-Stake in Mercatus Singapore Mall for $497M

2023/01/27 by Beatrice Laforga Leave a Comment

The manager of Frasers Centrepoint Trust and its sponsor, Singapore-listed property developer Frasers Property, have teamed up to acquire a 50 percent stake in the largest mall in northeast Singapore from Mercatus Co-operative Ltd for S$652.5 million ($497 million).

FCT’s… Read More>>

Ismail Gafoor of PropNex Realty

Singapore Home Price Growth Eases to More Than Two-Year Low as Sales Slide

2023/01/27 by Christopher Caillavet Leave a Comment

Singapore’s private home prices inched up 0.4 percent in the fourth quarter of 2022 compared with levels in the prior three months to record the slowest growth pace in more than two years, according to data from the Urban Redevelopment… Read More>>

Singapore Trade Union Buys Six Shophouses on Serangoon Road For $48M

2023/01/26 by Beatrice Laforga Leave a Comment

A union affiliated with Singapore’s National Trades Union Congress (NTUC) has purchased a block of six shophouses along Serangoon Road for S$62.5 million ($47.65 million), according to public records seen by Mingtiandi.

The row of two-storey freehold properties at 322-332… Read More>>

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