January 16, 2020

Grade-A office rents to climb for fourth straight year: Colliers

By Timothy Tay/ EdgeProp Singapore|January 16, 2020 5:00 PM SGT SINGAPORE (EDGEPROP) - Colliers International released its quarterly office market report for 4Q2019, which stated that Singapore CBD Grade- A office rents climbed by 7% y-o-y for the whole of 2019. This followed a 15% growth rate posted in 2018, as well as a 2.3% increase in 2017. Rental growth in this office segment is expected to...

New home sales in 2019 jump 15.6% as developers sell 10,164 new units

By Timothy Tay/ EdgeProp Singapore|January 16, 2020 3:00 PM SGT SINGAPORE (EDGEPROP) - Based on the latest statistics from the URA released on Jan 15, developers are estimated to have sold close to 10,164 private housing units (excluding executive condos or ECs) for the full year in 2019. This translates to an increase of 15.6% y-o-y over the 8,795 new private homes sold in 2018. According to Tricia...

Portfolio of shophouses on Mosque Street-Pagoda Street for sale at $141 mil

By Timothy Tay/ EdgeProp Singapore|January 16, 2020 2:05 PM SGT SINGAPORE (EDGEPROP) - Savills Singapore has been appointed the sole marketing agent for the sale of a portfolio of shophouses in Chinatown. The portfolio features adjoining shophouses at 42-45 Mosque Street and 54/56 Pagoda Street. The shophouses on Mosque Street are four-storey conserved properties with mezzanine levels as well as an...

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