Two office floors at Springleaf Tower up for sale
WO office floors – levels eight and nine – at Springleaf Tower have been put up for sale with a guide price of S$2,500 per square foot on strata area, said exclusive marketing agent CBRE […]
Have Singapore office rents bottomed?
AMID an improvement in business confidence, Singapore’s Grade A CBD office rentals posted their first uptick after five consecutive quarter-on-quarter drops since the Covid-19 outbreak began, going by preliminary data from JLL. The property consulting […]
Strong leasing interest for part of StanChart space in MBFC
THE asset manager of the Marina Bay Financial Centre (MBFC) has received strong interest from potential tenants for about 200,000 sq ft office space that it has been actively marketing in the development’s Tower 1. […]
Samsung Hub’s level 9 sells at record S$4,050 psf
THE ninth floor of Samsung Hub is being transacted for nearly S$53.1 million or S$4,050 per square foot (psf) on a strata area of 13,110 sq ft. This is a record psf price for an […]
Is it the calm before the storm for office market?
RENTALS of office space in Singapore’s central region turned a corner in the first quarter this year. It rose 3.3 per cent quarter on quarter, versus a 3.5 per cent decline in Q4 2020, data […]
High Street Centre makes second attempt at collective sale with S$800m reserve price
HIGH Street Centre, a mixed-use tower at 1 North Bridge Road, has been put up for sale via a second public tender after obtaining a six-month extension under the Covid-19 (Temporary Measures for Conduct of […]
Six-storey commercial buildings in South Bridge Road on market
MARKETING agent Colliers International is putting up a pair of adjoining freehold six-storey commercial buildings for sale via an expression of interest (EOI) on May 11. Located at 70 and 72 South Bridge Road, the […]
Maxwell House collective sale tender awarded for S$276.8m
SUBSIDIARIES from SingHaiyi: 5H0 +1.49%, Chip Eng Seng: C29 0% and Hong Kong-listed Chuan Holdings on Friday jointly won the collective sale tender for Maxwell House at a price of S$276.8 million. The final price is 3.3 per cent […]
Two office floors at Malacca Centre up for sale
TWO office floors located at levels nine and 16 of Malacca Centre have been put up for public tender, sole marketing agent CBRE announced on Wednesday. Spanning 1,830 square feet (sq ft), the level nine […]
Singapore office rents may dip by 5% this year as WFH continues: Knight Frank
PROPERTY consultancy Knight Frank is expecting office rents in Singapore to fall by around 5 per cent in 2021 before bottoming out and recovering in the following year, barring new strains of the Covid-19 virus […]