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SRI NEWSROOM

Find all the latest news on SRI and happenings in the Singapore real estate market.
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Two industrial buildings at Ang Mo Kio, Bartley put on the market 
Latest News From The Business Times

Two industrial buildings at Ang Mo Kio, Bartley put on the market 

May 20, 2022


TWO industrial buildings with redevelopment potential in Ang Mo Kio and Bartley have been put up for sale, marketing agents CBRE and ERA Realty said separately on Thursday (May 19).

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Asia Green in Tampines up for sale at indicative price of S$470m

May 20, 2022


ASIA Green, a premium Grade A commercial development located at 7 and 9 Tampines Grande has been put on the market via an expression of interest (EOI) exercise at an indicative price of S$470 million or S$1,645 per square foot based on its total net lettable area.

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Outlook for Singapore retail rents favourable: analysts

May 20, 2022


GIVEN sustained economic growth, increasing consumer footfall, the return of tourism spending and lifting of safe management measures, analysts say the outlook for retail rents appears favourable - though they are only likely to return to pre-pandemic levels next year. 

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Amazon said to be in advanced negotiations to lease space at IOI Central Boulevard Towers

May 19, 2022


AMAZON is said to be in advanced talks to lease offices in IOI Properties Group’s office development along Central Boulevard. Market estimates of the amount of space that the multinational tech company is looking to lease at IOI Central Boulevard Towers vary, but most sources put it at around 350,000 sq ft.

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FLCT to acquire prime suburban office building in Victoria for A$60.25m

May 19, 2022


Frasers Logistics & Commercial Trust (FLCT) plans to acquire a fully-leased freehold suburban commercial property in Victoria, Australia for A$60.25 million (about S$58.4 million).

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Henderson 5-room HDB flat sets new record resale price of S$1.4m

May 19, 2022


A FIVE-ROOM flat in Henderson Road just changed hands for S$1.4 million this month, making it the priciest transaction in the HDB resale market yet.

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Highly leveraged homeowners may face double whammy from inflation, housing supply: IREUS

May 19, 2022


A PERFECT storm could potentially be on the horizon for owners of private residential properties in Singapore, especially those who are highly leveraged, said the Institute of Real Estate and Urban Studies (IREUS) at the National University of Singapore.

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First Reit to divest Siloam Hospitals Surabaya for 430b rupiah

May 19, 2022


First Real Estate Investment Trust (First Reit) will divest Siloam Hospitals Surabaya at an agreed property value of 430 billion rupiah (S$40.9 million), subject to post-completion adjustments.

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Kensington Park condo launches S$1.28 billion collective sale tender

May 18, 2022


KENSINGTON Park condominium in Serangoon has been offered for en bloc sale by public tender with a guide price of S$1.28 billion, sole marketing agent CBRE announced on Wednesday (May 18).

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Far East Hospitality launching 2 Australian brands in Singapore 

May 17, 2022


Far East Hospitality (FEH) is introducing 2 Australian brands in Singapore in the coming months - Vibe Hotels and Adina - through a rebranding of existing properties.

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Frasers Property can do more to unlock value, such as distribute FCT units

May 17, 2022


FOR the financial year ended Sep 30, 2021 (FY21), Frasers Property (FPL) posted S$833.1 million in attributable profit. This was a significant increase from the S$188.1 million reported in FY20. 

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Singapore new private home sales flat in April, likely to climb in coming months

May 17, 2022


AMID a dearth of launches, developers sold 653 new private residential units, excluding executive condominiums (ECs), in Singapore this April.

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