Property News

SEVERAL brokerages have reiterated their "buy" calls on Ascendas Real Estate Investment Trust (Reit) in reports on Tuesday (Feb 8) and Wednesday, following the Reit's H2 FY2022 financial results staying broadly in line with expectations. The Business Times - Read...

FROM a capital appreciation perspective, is it wiser to bide your time amid new cooling measures, or act on the "fear of missing out" (Fomo) and rush to snap up properties? In its analysis of historical sales data, the Institute of Real Estate and Urban Studies (IREUS) found that properties purchased 2 years after a round of cooling measures tended to achieve stronger capital appreciation than those...

A FREEHOLD ground-floor strata retail podium at Coronation Shopping Plaza on 587 Bukit Timah road is up for sale via expression of interest with an indicative price of about S$30 million. The Business Times - Read...

A ROW of 3 freehold, 3-storey corner commercial shophouses have been put up for sale via an expression of interest (EOI) with a S$49 million guide price, announced sole marketing agent Savills Singapore on Wednesday (Feb 9). The Business Times - Read...

INTEGRATED development CapitaSpring has received its temporary occupation permit (TOP) in end-2021, marking the end of its construction, CapitaLand Integrated Commercial Trust (CICT) said on Wednesday (Feb 9) in a regulatory update. The Business Times - Read...

FREEHOLD residential development Vicenta Lodge, located on Lorong Marzuki in Kembangan, will be relaunched for collective sale with a reserve price of S$27.2 million on Feb 10, said PropNex Realty on Wednesday (Feb 9). The Business Times - Read...

MANULIFE US Real Estate Investment Trust (Manulife US Reit) posted a distribution per unit (DPU) of US$0.0263 for the second half of the financial year ended Dec 31, 2021, up 1.5 per cent from US$0.0259 in the year-ago period. The Business Times - Read...

DEMAND for real estate Down Under from investors in Singapore and the rest of Asia could revive in the coming months, primarily spurred by the upcoming full reopening of Australia's borders. The Business Times - Read...

THE manager of Ascendas Reit is planning to deepen its presence in the US and Europe markets as the real estate investment trust (Reit) continues to seek growth. But chief executive of the Reit manager William Tay believes it is "tough" to exceed the pace of acquisitions completed in FY2021. The Business Times - Read...

CHINESE property developer Yanlord Land Group logged 9.81 billion yuan (S$2.07 billion) in total contracted pre-sales from residential and commercial units, as well as car parks in January 2022, up 87.7 per cent from the 5.22 billion yuan it recorded a year ago. The Business Times - Read...