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Commercial Property


Commercial Property

Savills reports 6.4% rise in prime business park rents

Savills Singapore has announced a notable 6.4% year-on-year increase in monthly rents for its prime business park spaces, marking the highest growth since 2013. Despite...


Commercial Property

Prime restaurant unit in Bukit Timah Plaza for sale

CBRE has announced the sale of a prime restaurant-approved strata unit located in the basement of Bukit Timah Plaza, Singapore. The unit, which boasts a...


Commercial Property

Singapore strata commercial market sees mixed performance in H2 2024

The Singapore strata commercial market experienced varied outcomes in the second half of 2024, with strata office sales showing improvement whilst the retail sector faced...


Commercial Property

Shophouse market sees lowest transactions since 1998

The shophouse market in 2024 experienced its quietest year since 1998, with only 84 caveated transactions, according to Huttons' latest report. Despite a slight recovery...


Commercial Property

Peninsula Plaza retail units for sale in City Hall

Savills Singapore has announced the sale of two adjoining ground floor strata retail units at Peninsula Plaza, a landmark mixed-use development in Singapore's City Hall...


Commercial Property

CapitaLand Ascott Trust earns spot in sustainability yearbook

CapitaLand Ascott Trust (CLAS) has been recognised as the sole lodging trust from Asia Pacific to be included in the S&P Global Sustainability Yearbook 2025....


Commercial Property

First REIT reports 4.8% drop in FY 2024 DPU

First REIT Management Limited, the manager of First Real Estate Investment Trust (First REIT), has announced a distribution per unit (DPU) of 0.58 Singapore cents...


Commercial Property

Global demand for prime office space rises despite cost increases

Demand for prime office space continues to grow worldwide, despite a 0.3% rise in rents and a 0.2% increase in fit-out costs in the final...


Commercial Property

No tender awarded for 22 Ubi Road 4 site

The tender process for the site at 22 Ubi Road 4 in Singapore has concluded without an award, as announced on 10 February 2025. Despite...


Commercial Property

Five Joo Chiat shophouses up for sale

Brilliance Capital Pte. Ltd. has announced the sale of five adjoining freehold conservation shophouses located at 185 to 193 Joo Chiat Road. These properties, situated...


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