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TE Capital in Due Diligence for Office Building in Singapore’s Orchard Area

2023/09/21 by Beatrice Laforga Leave a Comment

Just a few months after wrapping up sales for a project in Singapore’s central business district, local private equity firm TE Capital Partners is doing some building shopping near the city-state’s Orchard Road retail strip as it looks for another… Read More>>

Chavalit Frederick Tsao, chairman of IMC Group

Shipping Firm IMC Buys Office Floor Near Singapore’s Orchard Road for $18M

2023/08/21 by Beatrice Laforga Leave a Comment

An investment company which controls one of Asia’s largest family-owned shipping firms has snapped up an office floor near Singapore’s Orchard Road for S$24 million ($17.7 million) as the city-state’s strata office market continues to gather steam.

IMC Group, founded… Read More>>

Mary Sai Knight Frank Singapore

Singapore Strata Office Sales Slid in 2023 1H as Supply Dwindled

2023/08/06 by Beatrice Laforga Leave a Comment

Despite a boost from a sold-out project in the central business district, trades of strata-titled office assets in Singapore plunged by 20 percent in the first half of the year from the preceding six months as rising interest rates crimped… Read More>>

TE Capital's Solitaire on Cecil

LaSalle-TE Capital Singapore JV Solitaire on Cecil Sold Out in Three Months

2023/06/11 by Beatrice Laforga Leave a Comment

TE Capital and LaSalle Investment Management have sold out the last of the office floors in their Solitaire on Cecil project in Singapore’s central business district less than three months after the official launch, amid strong demand from family offices… Read More>>

TE Capital's Solitaire on Cecil

Cecil Street Project Sets Singapore Price Record as 3 Floors Sell for $122M

2023/04/21 by Michael Cole Leave a Comment

A local company has set a new Singapore price record with the purchase of a trio of office floors in Solitaire on Cecil, an office project being developed by TE Capital and LaSalle Investment Management near the Raffles Place commercial… Read More>>

Chinatown Point

Office Floor in Singapore’s Chinatown Point Sold For $13M

2023/01/24 by Beatrice Laforga Leave a Comment

An office floor in a commercial block within Singapore’s Chinatown area has changed hands for S$17.38 million ($13.2 million) as investors continue snap up bite-sized opportunities in the city’s office market.

Inter-premium Corporation, a Singapore-registered real estate firm, sold the… Read More>>

Southpoint Tanjong Pagar

Office Units in Singapore’s Tanjong Pagar Sell for $25M in Record-Breaking Deal

2023/01/18 by Christopher Caillavet Leave a Comment

A mere month after an Orchard Road commercial building set a new city-wide mark, an office tower in downtown Singapore has recorded its highest-ever price paid per square foot after a set of strata units in the building sold for… Read More>>

Watch Retailer Buys Office Floor Along Singapore’s Orchard Road for $34M

2022/10/05 by Beatrice Laforga Leave a Comment

A Singapore watch retailer has decided it’s time to own office space, and has sprung for an entire floor of an office building near Singapore’s Orchard Road shopping belt for S$49 million ($34.42 million).

Cortina Holdings, a Singapore-based distributor of… Read More>>

Suntec City Singapore

Mainland Buyer Pays Record Price for Floor in Singapore’s Suntec City

2022/10/04 by Beatrice Laforga Leave a Comment

An office floor in Singapore’s Suntec City has sold for S$41.14 million ($28.77 million), according to a social media post by Savills on Monday, with an industry source identifying the buyer as a mainland Chinese individual.

Floor 31 in the… Read More>>

Suntec City Tower

Singapore Strata Office Sales Plunge, Prices Rise as Supply Dries Up

2022/08/03 by Christopher Caillavet Leave a Comment

Singapore’s strata office sales amounted to S$365.1 million ($265 million) in the first half of 2022, marking a 15.7 percent decline from the prior six months and a 48.1 percent plunge on year-earlier levels, according to Knight Frank.

A total… Read More>>

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