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 [...]

CCT decides to defer redevelopment of Market Street carpark By Wong Siew Ying, Channel NewsAsia | Posted: 29 April 2008 2130 hrs SINGAPORE: CapitaCommercial Trust (CCT) has decided to defer the planned redevelopment of the Market Street car park. In January 2008, CCT was granted an outline planning permission by urban planners to redevelop the [...]

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 [...]

Singapore Cruise Centre plans to renovate current facility By Pamela Almeda, Channel NewsAsia | Posted: 10 April 2008 2240 hrs SINGAPORE : The Singapore Cruise Centre has said it is planning to renovate its current facility. This could include expanding the current departure and arrival halls. Renovation works are expected to start by middle of [...]

Soilbuild wins S$148m JTC contract to build facility at Fusionopolis Posted: 09 April 2008 2133 hrs SINGAPORE : Property developer Soilbuild on Wednesday said it has secured a S$148 million contract from JTC Corp to develop a multi-tenanted facility at Fusionopolis. The proposed development is a 16-storey multi-tenanted facility at one-north that will cater to [...]

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 [...]