A property roadshow was done by an international investment bank recently and the following was feedback from the event. Recent property news also listed below. Singapore Property and REITs: Key marketing feedback included a reluctance to shift to developers from S-REITs...
Linq at Beauty World is an upcoming mixed freehold development situated at the premium Bukit Timah area. Given its optimal location, and as one of the rare mixed developments in the vicinity, Linq at Beauty World is poised to be one of the...
Property prices (landed and non landed) rose 1.3% on a quarterly basis in 3Q2019. This is slightly lower than 2Q2019's 1.5% increase, but still a good showing. Landed property prices rose 1.0%, compared to -0.1%...
Sims Villa (Sims Drive New Condo) is a highly-anticipated upcoming condo just 400m from Aljunied MRT. Due to its convenient location and elegant décor, Sims Villa promises to be one of the most sought after condos to be launched in 2020.
In 2018, Chancery Court (a former Housing And Development Urban Company) was sold for $401.78 million. In its place, a posh new condo at Dunearn road will be built, and is currently scheduled for launch in the 2nd quarter of 2020. Located...
Puma to lease $25m Melbourne warehouse from Frasers Frasers Property Australia has secured global sports brand Puma as a tenant in a new A$25m speculatively built warehouse in Melbourne's south-east, highlighting the strong demand for logistics space from retailers. “Our strategy to build several...
Shell Cove’s Waterfront Tavern site sold following tender Shell Cove’s Waterfront Tavern is a step closer to welcoming its first customers after exclusive agency HTL Property announced the sale of the site to the locally based Balmoral Hospitality Group. “On behalf of our clients Shellharbour City Council...
CapitaLand's Raffles City Chongqing draws over 900,000 visitors in weekend launch Tenants include Old Navy, GAP, Haidilao, CGV and Jiwu by Suning. CapitaLand’s Raffles City Chongqing in China drew over 900,000 visitors in its opening weekend. The 1.12 million sqm mall has achieved a 95% committed...
According to Morgan Stanley, Indonesia is only five years behind China in terms of e-commerce penetration. The bank estimates e-commerce sales will cross US$50b by 2023, implying a 32% CAGR. In a Jan 2019 report, Morgan Stanley, through their AlphaWise proprietary survey, reports that...
PropertyGuru eyeing $378m IPO in Australia: Sources PropertyGuru Group is targeting an Australian initial public offering, which could raise up to A$400m (S$378.4m) this year. This comes as four directors - including company co-founder Jani Rautiainen, who continues to be a shareholder - retire from the...
Every nation has to be ready for rapid tech changes, prepare people for it: Heng Swee Keat Channel NewsAsia A changing global economy, rapid tech advances and preparing people for these changes in the future are 3 challenges everyone in the world, including Singapore, will have...
Could rooftop gardens save our cities from climate change? ABC News - Sep 6, 2019 Australian cities are heating up, with an alarming report this year finding temperature increases from climate change and urban growth will make Brisbane "a difficult place" to live by 2050....
The following are a selection of charts from UBS that show the state of the Singapore property market. Summary The housing market remains weak as cooling measures continue to bitePricing power of developers are gradually weakeningSales volume of new condominiums are...
OUE Commercial REIT (OUECT) and OUE Hospitality Trust (OUEHT) in proposed merger to create one of the largest diversified S-REITs with total assets of S$6.8b, according to company announcements. OUECT will offer to buy OUEHT in a cash and stock deal , offering...
There is no doubt that the growth of the e-commerce sector in Australia will ultimately translate to an increasing volume of physical goods circulating - through major transport gateways (e.g. ports and intermodal terminals), warehouses, and on roads.