Singapore Property and Real Estate News Portal

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 [...]

LTA awards site for integrated bus interchange at Serangoon Central Two integrated public transport hubs are currently being built at Boon Lay and Clementi (above) and are scheduled to be completed by 2009 and 2011 respectively. – ST PHOTO: TERENCE TAN THE Land Transport Authority (LTA) has awarded the white site at Serangoon Central to [...]

Office rents could peak this year Tenant resistance will ease pace of rental growth, and office take-up may slow over 5 years, writes MORAY ARMSTRONG IT WAS a year of new records for the Singapore office market in 2007. Rents were driven to new highs in terms of growth rates – prime rents surged a [...]

Shophouses star at auctions By GRACE NG IT was a stellar year for the Singapore property market in 2007, and auction activity, a barometer of market confidence, did well in tandem. Auction sales hit a record $407.43 million in 2007, the highest in eight years and a shade below the figure achieved in 1999 when [...]