The Business Times
Tuesday, 29 July, 2014    LOGIN TO BTINVEST

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  • Focus on high-rise in Australia's housing boom

    [SYDNEY] Australia is enjoying a long-desired housing renaissance as a record amount of new building gets under way, and a shift in fashion toward high-rise living should lengthen its life span even...

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  • K-Reit sees upside in office rents

    KEPPEL Reit (K-Reit) is expecting strong upside in office rents as leasing activities, especially in Singapore's CBD, remain buoyed by the tight office supply situation.

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  • London home prices fall in July for 2nd month

    [LONDON] Asking prices for London property fell for a second month in July as an increase in the number of homes for sale softened the market for sellers, Rightmove plc said.

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  • World's 'largest indoor arena' opens in Manila

    [MANILA] Philippine President Benigno Aquino yesterday presided over the opening of what is billed as the world's largest indoor stadium, erected by a politically-influential religious sect.

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  • Shophouse in Telok Ayer put up for sale

    EURO Group, which is involved in a range of businesses including real estate, has appointed Cushman & Wakefield to find a buyer for a three-storey shophouse located a stone's throw from Telok Ayer...

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  • China home prices dip in June

    Beijing

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  • Delisting not on the cards for Wing Tai

    WING Tai Holdings will not be doing an SC Global. It won't take the delisting route, declares chairman Cheng Wai Keung, as a way out from rules requiring the company to dispose of all units in its...

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  • Ease ABSD for Singaporeans, urges Wing Tai boss

    [SINGAPORE] Wing Tai chairman Cheng Wai Keung has a solution for the property sector's angst over the ABSD (additional buyer's stamp duty): "Keep ABSD for foreign buyers but fine-tune it for...

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  • UK buy-to-let investors warned of mayhem

    [LONDON] Shahram Kordestani, who owns seven UK rental homes, has advice for investors eager to join the swelling ranks of landlords: Do so at your peril.

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  • Sydney set for biggest hotel boom since 2000

    [SYDNEY] Fourteen years after the last major hotel opened in Sydney's centre, 42 developers are competing to turn a pair of century-old government office buildings into accommodations as demand soars.

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  • Spring Grove up for en bloc sale at $1.39b

    SPRING Grove condominium in the prime Grange Road area has officially been launched for sale by tender with an asking price of more than $1.39 billion.

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  • China's June home sales up 33% on price cuts

    [SHANGHAI] China's home sales rose 33 per cent in June from the previous month as price cuts by developers lured buyers.

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  • Chinese homebuyers fuelling US foreign sales

    [LOS ANGELES] Henry Nunez, a real estate agent in Arcadia, California, met with so many homebuyers from China that he bought a Mandarin-English translation app for his phone.

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  • Shophouse prices fall as demand weakens

    PRICES of shophouses here have started to see resistance from the market, said a report from Knight Frank, which noted an increasing mismatch between sellers' high asking prices and prices that...

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  • Higher returns as SPH Reit beats forecasts

    Singapore

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  • HDB resale prices dip 0.6% in June to hit a two-year low

    HDB RESALE prices continued to slip for the fifth consecutive month, registering a 0.6 per cent dip in June from May and marking a fresh two-year low since April 2012.

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  • NY landlords fight tenants in buyout battle

    [NEW YORK] The first offer from the landlord's representative came in April: take US$90,000 to move out, the tenants said they were told, or the landlord would sue and they would lose their...

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  • Reit leads US$700m deal for St Regis stores

    [NEW YORK] Vornado Realty Trust is leading a partnership to buy the retail portion of the St Regis Hotel on Manhattan's Fifth Avenue for about US$700 million, gaining space on one of the world's...

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  • Low Keng Huat buys remaining 36 units at Balestier Towers

    LOW Keng Huat (Singapore), which last August acquired 15 commercial units and an apartment at Balestier Towers for nearly $77.4 million, yesterday exercised options to purchase the balance 36 units...

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  • Brewer SABMiller to divest US$1.1b stake

    [LONDON] SABMiller plc said it will sell a US$1.09 billion stake in South African hotel and casino operator Tsogo Sun Holdings Ltd as the world's second-biggest brewer looks to bolster beverage...

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Commercial / Industrial

  • Sales & investment briefing

    Sales & investment briefing

    Q2 chalked up a total of about S$4.73 billion of investment sales, up 19.9% from S$3.95 billion in Q1/2014. Thirteen state land parcels...
  • K-Reit sees upside in office rents

    K-Reit sees upside in office rents

    KEPPEL Reit (K-Reit) is expecting strong upside in office rents as leasing activities, especially in Singapore's CBD, remain buoyed by the...
  • Three GB Building office floors up for sale

    ABOUT 16,000 square feet of office space spanning three contiguous floors in GB Building in the Central Business District (CBD) have been...
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Property Transactions

Residential

Contract Dates District
June 11 and June 17, 2014 Selected , 1 To 19
June 4 and June 10, 2014 Selected , 1 To 28
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Commercial

Office and Industrial Space
Asking Rental Guide Nov, Dec
Transaction Data Nov, Dec

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