Business Times: Singapore A-Reit’s portfolio hit record occupancy of 99% at end-2007

Source : Business Times (18 Jan 2008)
Singapore A-Reit’s portfolio hit record occupancy of 99% at end-2007
By UMA SHANKARI
ASCENDAS Real Estate Investment Trust (A-Reit) said yesterday its overall portfolio occupancy rate increased to a record 98.7 per cent at end-2007 from 96.1 per cent at end-2006.
Slump: Anticipated high supply of 702,000 sq m of [...]

Business Times: Back lane in Balestier up for sale

Source : Business Times (03 Jan 2008)
Back lane in Balestier up for sale – Singapore
Other properties up for auction include Changi bungalow, studio apartment
By KALPANA RASHIWALA
THE Official Receiver is auctioning off a back lane at Jalan Bunga Raya in the Balestier Road/Irrawaddy Road area.
10 Swiss Club Lane: Indicative price of $18m for the 17,557 sq [...]

Business Times: Singapore High rentals don’t worry some MNCs

Source : Business Times (03 Jan 2008)
Singapore High rentals don’t worry some MNCs
They are still expanding their premises: C&W report
By ARTHUR SIM
RISING office rents may have forced some businesses to adopt a wait-and-see approach on expansion here but others are expanding anyway.
Standing tall: US-based drug development services company PharmaNet is relocating to 5,000 sq [...]

Business Times: Singapore Rental flats for needy to be allocated from this month

Source : Business Times (03 Jan 2008)
Singapore Rental flats for needy to be allocated from this month
By NISHA RAMCHANDANI
A TOTAL of 2,194 rental flats will be added to the public housing supply by early 2010 to help the needy, in a move first announced in November 2006.
The first batch of newly converted flats – consisting [...]

Business Times: Singapore URA to launch industrial site at Playfair Rd

 Source :  (29 Dec 2007)By UMA SHANKARI
THE Urban Redevelopment Authority (URA) yesterday said it will put up an industrial site at Playfair Road for public tender in about two weeks’ time after it received an application from a developer committed to bid at least $12 million for the site.
The price works out to about $52 [...]

Business Times: Property group Roxy-Pacific eyes mainboard listing

 Source : Business Times (29 Dec 2007)Property group Roxy-Pacific eyes mainboard listing – Singapore
Net proceeds from IPO expected to exceed $30m
By QUAH CHIN CHIN
HOME-GROWN property group Roxy-Pacific Holdings plans to raise capital through a listing on the Singapore Exchange mainboard.
The group lodged its preliminary prospectus with the Monetary Authority of Singapore yesterday, with plans for [...]

Business Times: Singapore Orchard Rd office unit fetches $2,497 psf

Source : Business Times (24 Dec 2007)Singapore Orchard Rd office unit fetches $2,497 psf
Previous deal in same building on higher floor done at $1,601 psf in April
By KALPANA RASHIWALA
(SINGAPORE) The strata office market is still running hot. A first-storey freehold office unit at United House, behind Le Meridien Singapore Hotel in Orchard Road, went for [...]

Business Times: New entrants flock in as Singapore property sector booms

Source : Business Times (24 Dec 2007)
New entrants flock in as Singapore property sector booms
Six companies, some better known in other businesses, make maiden real estate buys
By UMA SHANKARI
(SINGAPORE) The property boom over the past two years has drawn many new players who are looking to reap the high returns that property development has to [...]

Business Times: Singapore Record office rents continue to climb

Source : Straits Times  (22 Dec 2007)Singapore Record office rents continue to climb
Some companies forced to move to cheaper space in older buildings
By Joyce Teo, Property Correspondent
SOARING office rents have forced the Shenton Medical Group clinic out of its Republic Plaza location to a cheaper space at an older building nearby – The Arcade.
The company [...]

Business Times: STB nod for Gillman Heights Singapore enbloc sale

  Source : Business Times (22 Dec 2007)STB nod for Gillman Heights Singapore  enbloc sale
By NISHA RAMCHANDANI
CAPITALAND and Hotel Properties Ltd (HPL) separately said yesterday that the Strata Titles Board (STB) had given the green light for the en bloc sale of Gillman Heights Condominium. Both cited notification by the vendors’ solicitors that approval was [...]