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 […]
Courts Singapore taking up Robinsons’ former Heeren space
COURTS Singapore on Thursday revealed plans to open a new flagship store spanning six storeys of The Heeren’s retail podium. Located along Orchard Road, the 189,000 square foot space was home to Robinsons department store […]
Lian Beng Group to buy BreadTalk IHQ building in S$118m sale-and-leaseback deal
A CONSORTIUM led by mainboard-listed Lian Beng Group is set to buy the BreadTalk IHQ Building in Tai Seng in an S$118 million sale-and-leaseback deal. BreadTalk Group, which was privatised by its founders last year, […]
BHG Singapore to take over two floors formerly occupied by Robinsons at Raffles City
DEPARTMENT store operator BHG Singapore is taking over the first two floors of the space formerly occupied by Robinsons Singapore at Raffles City Shopping Centre, The Business Times has learnt. Robinsons used to occupy three floors spanning […]
Conservation shophouses in Tanjong Pagar and Outram Park up for sale
SEVERAL shophouses located in Tanjong Pagar and Outram Park have been put on the market on Wednesday, amid mounting demand for the property type. A three-storey conservation shophouse with attic at 91 Tanjong Pagar Road […]