Rent hikes for CBD Premium and Grade A offices slower in Q2 2018

Rent increases for central business district (CBD) premium and Grade A offices have been slower in Q2 2018 at 2.6 percent, down from 4.8 percent during the previous quarter. “We view the slower pace of rent increase as a momentary consolidation following the leasing market’s rapid recovery which saw an 11 percent year-on-year growth from […]

DISTRICT 19 – FREEHOLD MIXED USE DEVELOPMENT SITE FOR SALE

100% owners’ consent obtained. No Strata Title Board application required. Singapore, 22 January 2018 – CBRE is pleased to announce the launch of the public tender of ICB Shopping Centre, located at 6 – 14B (even numbers) Yio Chu Kang Road. Situated off Upper Serangoon Road, the Site enjoys a prominent and wide road frontage of 30m […]

Office market starts shifting in landlords’ favour again

It took a while, but the high end of Singapore’s office rentals finally hit the bottom this year – earlier than expected. This was because the take-up rate for Grade A office space in new developments in the Central Business District (CBD) was more robust than anticipated. Another reason was the rosier economic outlook. Most […]

Rare Hotel Development Site in Heart of Singapore’s Civic and Cultural District

15-33 Hill Street For Sale By Public Tender Singapore, 14 November 2017 – CBRE is pleased to announce the launch of the public tender of 15-33 Hill Street, Singapore. Owned by Singapore Telecommunications Limited (Singtel), the prime site has been granted Provisional Permission for redevelopment into a Hotel development with a plot ratio of 3.5. The […]

CBRE Comments: Asia Square Tower 2 Sale

Jeremy Lake, Executive Director, Capital Markets, CBRE “The market has been eagerly awaiting the confirmation of this deal.  It provides another pricing benchmark which reconfirms that the recovery in office rents and prices is well underway and in the last few months more and more local and overseas investors have been asking us about office […]

Landmark Chevron House, 30 Raffles Place, Singapore – FOR SALE

SINGAPORE, 1 August 2017 – The owner of Chevron House (Deka Singapore) has appointed CBRE and JLL to conduct an Expressions of Interest (EOI) for its prime Raffles Place office and retail asset.  The EOI will be launched on Wednesday, 2 August 2017 with bids due on Thursday, 14 September 2017. Chevron House is a […]

For Sale Via Expression of Interest – Prized Penthouse Floor Tenanted by one of the World’s Largest Luxury Brands in Singapore’s Prime Orchard District

Singapore 21 June 2017 – CBRE has successfully sold several strata units on the seventh floor at TripleOne Somerset on behalf of its owner Perennial (Somerset) Pte Ltd. Following the successful sales, Perennial has now placed the penthouse floor for sale via an Expression of interest Exercise.   The strata units were sold at an […]

Raffles Place Ground Floor Retail Unit for Sale

Rare Ground Floor Retail Unit with 2 Main Road Prominent Frontage for Sale via Public Tender Singapore 6 June 2017 – CBRE is pleased to present a rare Raffles Place retail offering for sale by Public Tender. Located at the ground floor of Prudential Tower (30 Cecil Street), the 5,715 sq ft (approximately) space is […]