Q3 office rents near 14-year high; landlord’s market to extend into 2023: consultants
DESPITE global economic headwinds, Singapore’s office rents in the third quarter have exceeded the pre-pandemic peak to reach a near 14-year high, with expectations of continued strength next year. According to JLL, Central Business District […]
Serene Centre to go up for sale; Sultan Plaza plans to lower en bloc reserve price
SERENE Centre, a freehold mixed-use development near Bukit Timah Road, will be put up for sale via tender on Thursday (Sep 29) with a reserve price of S$120 million, marketing agent Cushman & Wakefield said […]
15 strata units in International Plaza for sale at S$60m guide price
A PORTFOLIO of 15 commercial units in International Plaza has been put up for sale via expression of interest (EOI), with a guide price of S$60 million, the sole marketing agent Edmund Tie announced on […]
Two buildings zoned commercial in Tanjong Pagar to be launched for collective sale
A PAIR of 5-storey buildings on Hoe Chiang Road and Lim Teck Kim Road in prime Central Business District’s (CBD) Tanjong Pagar will be launched for collective sale in mid-November after recently achieving 80 per […]
International Plaza gets 80% mandate for potential largest collective sale in Singapore
INTERNATIONAL Plaza will soon be put on the market via a collective sale tender, in what may potentially be Singapore’s largest collective sale in history in terms of the number of units and value, sole […]
S$216m in rent support to be disbursed to over 38,000 tenants, owner-occupiers
OVER 38,400 tenants and owner-occupiers will get their first Rental Support Scheme (RSS) payouts directly from the government, without going through landlords, from Friday. The first round of payouts totals S$216 million and comes ahead […]
Siglap Shopping Centre relaunched for collective sale; price unchanged at S$120m
LOCAL real estate consultancy OrangeTee Advisory on Wednesday announced it is relaunching Siglap Shopping Centre for collective sale in view of recent trends of aggressive bidding for government land sites. As with its previous effort in late […]