Keppel REIT presented at the DBS Vickers Pulse of Asia conference on 8 Jan 2020. For those unfamiliar with the REIT, here are a few short primers. The REIT has approx S$8b of Grade A office assets in Singapore and Australia....
Great info on the sizes of the listed real estate and REIT markets in various countries around the world. China and Japan dominates across all countries at US$3.8 trillion and US$2.2 trillion respectively. Germany and UK are largest in Europe at...
Home sales volumes rose 91% from the previous year in October to 928 units. This was a fall of 27% compared to Sept 2018 despite three new major project launches. Year to date volumes are up 13% compared to the same...
Private non-landed condo hunters unite! Here is a list of known upcoming condos that will be launched in 2020. https://www.youtube.com/watch?v=V01riWx69ME The name of the new condo is put down where it is known, otherwise, the...
MAS warns of risks over new property sales tactic where agents have been pitching to flat-owners to sell their HDB flat and use the proceeds to make down payments on two private condos under separate names, one for the family’s occupation and the other to be rented out. The value...
AREIT's proposed $1.66bn acquisition and fund raise AREIT has announced the acquisition of a portfolio of 28 business parks in the US and two BPs in Singapore from its sponsor CapLand, for a combined S$1.66bn (S$1.71m incl transaction cost).  The US portfolio makes up...
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. https://www.youtube.com/watch?v=RUqXx-vkLI4 Given its optimal location, and as one of the rare mixed developments in the vicinity, Linq at Beauty World is...
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%...
Penrose (Sims Drive New Condo) is a highly-anticipated upcoming condo just 400m from Aljunied MRT. https://www.youtube.com/watch?v=ggTolQDNuOA Due to its convenient location and elegant décor, Penrose promises to be one of the most sought after condos to be launched...
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...