Singapore offices
Altallo Asset Management inks option to buy 158 Cecil Street for S$175 million
The price works out to S$1,541 psf on the net lettable area of about 113,540 sq ft
One Raffles Place expected to be put on the market at S$2.3 billion to S$2.4 billion
All owners of the office and retail asset, above Raffles Place MRT station, are coming together for a potential sale
Khazanah, Temasek seen putting Marina One up for sale at S$5 billion to S$6 billion
M+S is expected to offer 1.88 million sq ft of offices and 140,000 sq ft of retail space in the integrated development
Singapore office rents rise, vacancies ease in Q4 as supply tightens
URA’s vacancy rate for Category 1 offices falls for third consecutive quarter to 9.3%
Robert Kuok’s Allgreen Properties nears deal to buy Singapore office block at 78 Shenton Way: sources
The PGIM-managed fund that owns the property is seen exiting at a loss
Singapore office landlords poised to turn more aggressive in rent expectations
Most property consultants project acceleration in CBD Grade A office rent growth in 2026, on the back of tighter supply
Analysts upbeat on Singapore’s office Reits, naming one ‘uniquely leveraged’ to tap rental upside
They name a few buy-rated stocks, and expect core CBD rents to rise
GuocoLand and IOI Properties should pool assets worth S$12.5 billion for a Singapore office-led Reit
Leverage softer interest rates and the clamour for premier assets
Rents rise 2.5% in Q3 for higher-grade office space, but stay put for rest of Singapore market
Steady demand for prime space is being supported by flight to quality and easing interest rates
158 Cecil Street on the market at S$165 million to S$170 million
The price works out to S$1,450 to S$1,500 psf on net lettable area, and is 30% lower than what the owner paid for it in 2015
