Singapore Property and Real Estate News Portal

Shaw House, Shaw Centre may undergo major revamp next year By Timothy Ouyang, Channel NewsAsia | Posted: 12 May 2008 2145 hrs SINGAPORE : Another landmark near Orchard Road may soon get a facelift. Channel NewsAsia understands that Shaw Organisation is considering a major redevelopment of Shaw House and its neighbouring Shaw Centre. According to [...]

A-REIT to buy business park building in Jurong for S$246.8m Posted: 09 May 2008 1937 hrs SINGAPORE : Ascendas Real Estate Investment Trust (A-REIT) is buying a business park building in Jurong for S$246.8 million. The property at 31 International Business Park is currently owned by multimedia firm Creative Technology. It has a gross floor [...]

Underpass linking City Hall MRT to Suntec City Mall opens to public By Lynlee Foo, Channel NewsAsia | Posted: 30 April 2008 1755 hrs SINGAPORE: An underground public walkway connecting One Raffles Link to Suntec City Mall is now open once again. And from now till 4 May, Suntec City Mall is giving away free [...]

JTC releases North Buona Vista Drive site for sale Posted: 30 April 2008 2151 hrs SINGAPORE : JTC Corporation releases its North Buona Vista Drive (LX 1-1) site for sale under the government’s reserve list . The 99-year lease site is located at the junction of North Buona Vista Road and Commonwealth Avenue West. Under [...]

JTC achieves record occupancy level for ready-built facilities in Q1 By Wong Siew Ying, Channel NewsAsia | Posted: 29 April 2008 2146 hrs SINGAPORE : JTC has achieved a record occupancy level for its ready-built facilities in the first quarter of 2008. Net allocation was 38,400 square metres, six-fold higher than the same period last [...]

Betting on retail assets Asia’s retail and hospitality sectors are expected to benefit from strong growth in intra-regional travel, reports UMA SHANKARI DEVELOPERS are investing in the retail and hospitality sectors in Singapore and the rest of Asia in a big way, banking on an expected surge in retail spending and tourism. Spending more: Singapore’s [...]

S’pore Grade A office rents continue to rise in Q1 8.4% surge driven by banks with eye on private wealth management in Asia OFFICE rents in Singapore continued to power ahead in the first quarter of this year, despite a slowdown in the US economy and possible fallout for Asia. Landlord’s market: With an excess [...]

Growth seen in Asia office rentals in ‘08 But analysts say some cities, including S’pore, may see slowing rental growth, reports UMA SHANKARI BUOYED by limited office supply in some cities and high GDP growth, all major office markets in Asia are expected to see rental growths in 2008, but the pace of growth will [...]

The great indoors IT’S a park that’s a massive 35,000 sq ft of fun – the size of eight basketball courts, in fact. But don’t expect to run barefoot on grass in the open air at this park. Sure, you can take your shoes off, but you have to keep your socks on. It’s Singapore’s [...]

Late night shopping, dining at Terminal 3 TRAVELLERS and visitors can now enjoy late night shopping and dining at Changi Airport’s new Terminal 3. Some 60 shops and food and beverage outlets spread over 8,600 sq m of space in the public area were officially opened for business on Monday. This is the largest dedicated [...]