Singapore is the top data centre market in Asia Pacific despite a three-year development moratorium that was in place until this past January, with the city-state’s robust connectivity and occupier demand helping it to edge out second-place Hong Kong and… Read More>>
Far East Organization Selling Western Singapore Warehouse for $89M
Far East Organization has agreed to sell a logistics facility in Singapore’s Tuas district to a global pool manufacturer for S$120.6 million ($89.4 million), parting with its fifth and final asset from an industrial complex which it developed nearly three… Read More>>
Singapore’s Hiranandani Buying Orchard Road Commercial Building in Record $127M Deal
Singapore’s Royal Group has agreed to buy a commercial building near the city’s Orchard Road shopping strip for S$172 million ($126.7 million), setting a city-wide record high price per square foot of buildable area as it plans to redevelop the… Read More>>
Singapore Home Sales Hit Eight-Year Low as Stocks Dry Up
Singapore’s new private home sales dropped to an eight-year low in November as developers depleted their inventories and home prices continued to rise across the city-state.
Developers’ sales, excluding executive condominiums, fell for a second month, dropping by 17.3 percent… Read More>>
Singapore Boosts Land Supply by 17% to Tame Rising Housing Prices
After seeing housing prices rise in defiance of escalating interest rates and punitive stamp duties, Singapore authorities have announced plans to sell more housing sites during the first half of 2023 than in any period over the past decade.
In… Read More>>
First Residential Plot in Singapore’s Marina South Expected to Sell for Up to $880M
The first residential site to be auctioned off in the southernmost portion of Singapore’s Marina Bay financial district may fetch bids as high as S$1.2 billion ($880 million), even as escalating costs and interest rates may limit developer participation, according… Read More>>
SingHaiyi Owners Raise Buyout Offer for Singapore’s Chip Eng Seng by 4.2%
Celine and Gordon Tang have sweetened their take-private bid for Chip Eng Seng, the Singapore-listed builder controlled by the mainland power couple, by upping their all-cash offer by three cents to S$0.75 per share.
The new buyout price, which values… Read More>>
Singapore Shops Sees Vacancy Fall to Pre-Pandemic Levels
Singapore’s retail property market has ended a three-year freefall as vacancy in the third quarter reached its lowest level since 2019 and prime rents began heading northward, according to a recent report.
The average vacancy level for retail space in… Read More>>
Low Inventory Slowed CDL’s Q3 Home Sales in Singapore
City Developments Ltd maintained what it dubbed a “resilient performance” across business segments in the third quarter of 2022, as the Singaporean property giant’s sales slowed in the absence of new project launches.
CDL and its joint venture associates sold… Read More>>
Mingtiandi Singapore Focus Forum 2023 On-Location Event
Having gathered over 200 industry professionals at our inaugural Singapore Focus Forum in 2022, Mingtiandi returns in 2023 to once again bring together top experts in the Lion City for a full-day exploration of the opportunities and challenges facing… Read More>>
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