MAPLETREE North Asia Commercial Trust (MNACT) reported on Friday that its distribution per unit (DPU) for the third quarter fell 13.3 per cent to 1.671 Singapore cents, down from 1.927 cents a year ago.
IN WHAT is poised to be 2020's first initial public offering (IPO) on the Singapore Exchange, Elite Commercial Reit Management has lodged a preliminary prospectus to list a UK-focused Singapore Reit (real estate investment trust) on the mainboard.
PUNGGOL will serve as a testbed for new smart concepts progressively from 2023 in the areas of living, working and service delivery, said a joint statement from JTC and the Prime Minister's Office's Smart Nation and Digital Government Office on Friday.
SINGAPORE may not have bushfires or major floods to deal with but this does not mean that the country has no environmental problems. Future climate projections include rising daily mean temperatures, rising sea levels, and more frequent and heavy rainfall as the world gets warmer.
REAL estate behemoth CapitaLand has won the tender to manage Bugis Village and Bugis Street for up to a decade, it said in a bourse filing on Thursday.
OVERSEA-CHINESE Banking Corporation has withdrawn from sale two freehold properties which it had put up for tender last year: a serviced residence block at 2 Mount Elizabeth Link, and a portfolio of 32 shophouses along Lavender Street and Serangoon Road.
PROPERTY developer GuocoLand saw its second-quarter net profit near triple to S$32.4 million from S$10.9 million as revenue more than doubled to S$299.6 million from S$142.9 million, thanks to higher progressive recognition of sales from Martin Modern.
A FREEHOLD condominium in Geylang, Wing Fong Court, has been launched for collective sale with a reserve price of S$108 million, marketing agent PropNex Realty told The Business Times (BT) on Thursday.
REAL estate behemoth CapitaLand has won the tender to manage Bugis Village and Bugis Street for up to a decade, it said in a bourse filing on Thursday.
PRIVATE home sales in 2019 rose 15 per cent to 10,104 units - signalling a resilient housing market as unemployment remained low, despite an expectedly slow month in December.
THE investment sales market is expected to remain healthy this year, with residential land sales activities having picked up from last year, said the founder of a real estate investment sales firm.
MAINBOARD-LISTED Frasers Commercial Trust (FCOT) declared a distribution per unit (DPU) of 2.4 Singapore cents for the first quarter ended December, unchanged from a year ago.
A PORTFOLIO of conservation shophouses in Chinatown has been launched for sale via an expression of interest exercise, with a guide price of S$141 million.
PROPERTY industry veteran Karamjit Singh has established a boutique real estate investment sales firm, Showsuite Consultancy, after leaving his role as senior consultant at JLL Property Consultants at the end of last year.
DEVELOPERS in Singapore moved 538 private homes in December 2019, half of the 1,147 units they sold in the previous month. However, the latest figure is 10.6 per cent higher than the 602 units sold in December 2018.
