Property News

EAGLE Hospitality Trust (EHT) has completed the sale of Hilton Houston Galleria for US$14 million on Feb 1, 2022, DBS Trustee said in a bourse filing on Wednesday (Feb 16). The Business Times - Read...

RENTS for Singapore condominiums and Housing Board (HDB) flats continued to rise in January 2022, while volumes saw some recovery, according to flash figures released by SRX Property and 99.co on Wednesday (Feb 16). The Business Times - Read...

LENDLEASE Global Commercial Reit (LReit) currently indirectly holds a 31.8 per cent stake in Jem mall, has proposed to acquire the remaining interest in the prime Jurong property at an agreed property value of S$2.079 billion. The Business Times - Read...

FAR East Hospitality Trust's (FEHT) distribution per stapled security (DPS) for the second half of the financial year ended Dec 31, 2021 increased to S$0.0153, a growth of 10.9 per cent compared to S$0.0138 in the same period last year. The Business Times - Read...

COOLING measures, combined with the lull period leading up to Chinese New Year, likely led to resale condominium demand slipping in January, noted property analysts on Tuesday (Feb 15). The Business Times - Read...

NEW private home sales were stable in January despite fewer launches during the month, latest data from the Urban Revelopment Authority shows. Developers in Singapore sold 673 new private homes in January, inching upwards by 3.5 per cent from 650 in December, when new cooling measures kicked in. The Business Times - Read...

DRAGON Peak Limited, a joint-venture (JV) company that consists of 2 funds which are each managed by TE Capital Partners and LaSalle Investment Management, has completed the acquisition of PIL Building along Cecil Street for an undisclosed amount. The Business Times - Read...

MAPLETREE Logistics Trust M44U (MLT) on Tuesday (Feb 15) announced that it will acquire 2 parcels of leasehold industrial properties in Subang Jaya in the Malaysian state of Selangor for a total price of RM65.6 million (S$21.0 million). The Business Times - Read...

FRASERS Hospitality, a member of Singapore-listed Frasers Property, has entered the Cambodia market with the launch of 3 new properties in key commercial districts. The Business Times - Read...

THE growth in Central Business District (CBD) Grade A office rents in the last quarter of 2021 is likely to continue in 2022 and build traction for Singapore's office market, said investment management firm Colliers on Tuesday (Feb 15). The Business Times - Read...