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News
Building owners urged to provide dedicated bays for delivery riders
13+ hour, 21+ min ago (319+ words) New LTA-URA guide also recommends 15-minute parking grace periods and simpler entry. Building owners and managers are encouraged to provide dedicated waiting bays for delivery riders using motorcycles, bicycles and power-assisted bicycles under new guidelines from the Land Transport Authority…...
Thakral seeks Mainboard listing of lifestyle business spin-off
6+ day, 11+ hour ago (232+ words) The operations include beauty and fragrance brands in Greater China and Japan. Thakral Corporation has submitted a pre-clearance application to spin off selected segments of its lifestyle business into a separate company and list the entity on the Mainboard of…...
OCR takes 50.8% of condo resales as prices fall in July
1+ week, 18+ hour ago (144+ words) CCR recorded the fewest transactions but led monthly and yearly price increases. The Outside Central Region (OCR) dominated the condo resale market, accounting for 50.8% of transactions, or 496 units, in July, according to 99.co and SRX. The Rest of Central Region…...
Property investment turnover jumps 49% in Q2 on larger deals
1+ week, 5+ day ago (279+ words) Investors are directing more capital towards core office assets. Singapore real estate investment turnover rose 49% year on year (YoY) in the second quarter (Q2), as large transactions lifted activity in the city-state, according to Savills. “Singapore has been the region’s primary…...
Frasers Property to redevelop Yishun 10 into mixed-use project by 2031
1+ week, 5+ day ago (137+ words) The mall is expected to cease operations on 2 March 2027. Frasers Property plans to redevelop retail mall Yishun 10 into a mixed-use development comprising about 110 residential units and a street-level retail podium, with completion slated for 2031. The project is targeted for launch…...
Mapletree secures over $635m for ‘Emerging Asia’ logistics strategy
1+ week, 5+ day ago (221+ words) About $317.5m (US$250m) of the commitments went to MEGA’s first close. Mapletree Investments has secured more than $635m (US$500m) in equity commitments for the first close of its Emerging Asia logistics development strategy, spanning Malaysia, Vietnam, and India. The amount comprises $317.5m (US…...
Springleaf Tower office floors on sale for $54m
1+ week, 5+ day ago (283+ words) The floors may be purchased individually or together. Two full office floors at Springleaf Tower in Tanjong Pagar have been put up for sale with a combined guide price of $54.15m. The price translates to approximately $2,623 per square foot based on…...
Two rare-tenure commercial assets hit market
1+ week, 6+ day ago (230+ words) The assets include a freehold shop at Nomu and a 999-year shophouse at North Canal Road. Two city-centre commercial assets with freehold and 999-year tenures are on the market, according to Knight Frank Singapore. The properties comprise a 1,335-square-foot ground-floor…...
Condo resale prices fall 0.3% in July as CCR bucks trend
1+ week, 6+ day ago (169+ words) RCR and OCR prices dropped 1.1% and 0.9%, respectively, during the month. Condo resale price index fell to 280.6 in July, down 0.3% from 281.5 in June but up 2.7% from a year earlier, according to data from 99.co and SRX. The index remained at 273.3 in…...
Condo resale volume rises 7.1% in July despite YoY dip
2+ week, 18+ hour ago (214+ words) The pickup reflects normalising activity rather than the start of a strong rebound. Condo resale volume reached an estimated 1,075 units in July, slipping 0.6% from July 2025 and up 7.1% from June, according to data from 99.co and SRX. The July figure also…...