Topic of Interest: #Colliers (431 Articles Found)

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CBD Grade A rents stabilise in Q1 2021

Singapore saw stabilised rents for Grade A offices in CBD in the first quarter of 2021, falling by only 0.3% q-o-q to $9.54 psf. The downtick was mainly by Orchard and Raffles Place/New Downtown Premium micro-markets which posted…

Rising numbers of single family offices to bolsters demand for strata offices

The increasing popularity of Singapore as a wealth mgmt hub for family offices will bolster the demand for real estate investments particularly strata offices and shophouses according to Colliers report. Singapore’s conducive business environment and government incentives, its…

Hotel Kai at Purvis Street on sale for $28.8 mil

A 32-room boutique hotel at 14 Purvis St in Bugis has been put up for sale at an indicative price of $28.8 million. This translates to $3,345 psf or $900,000 per key. The property sits on a site…

Freehold four-storey building at Kim Keat Road for sale at $9.5 mil

A freehold four-storey building at 8 Kim Keat Road has been put on the market at an indicative price of $9.5 million, or $1,335 psf based on built-in area. It sits on a 2,015 sqft site zoned “residential…

Retail and industrial property market expected to recover in 2021

The retail property market is expected to stabilise and gradually recover in 2021 whilst the industrial property market is likewise set to recover due to high demand in logistics warehouses and hi-specs space, reports Colliers Intl. According to…

Economic rebound to lift most property sectors

An economic rebound in 2021 is expected to lift most of Singapore’s property sectors to some extent, particularly the residential, office and industrial sectors. The residential property sector, for instance, is expected to post a recovery in private…

Colliers beefs up occupier services team with two appointments

Colliers Intl has appointed Bastiaan van Beijsterveldt and June Chua as executive directors. The former will step up as the head of occupier services in Singapore, while the latter will be the head of tenant representation for its…

Shophouse investment sales in Singapore a bright spot in virus-ravaged 2020: Colliers

As the Covid-19 pandemic put a dent on overall property investment activity in 2020, shophouses in Singapore proved an exception as the only other segment after commercial and mixed-use to improve from 2019. According to Colliers Intl, 18…

CBD Grade A office rents to increase 5.5% this year

Singapore saw CBD Grade A office rents ease moderate further by 2.1% q-o-q to $9.57 psf in the fourth quarter of 2020, revealed a Colliers Intl report. For the whole of 2020, rents declined 5.4%. “The prime office…

Ground-floor unit at Martin No 38 on the market for $2.688 mil

A one-bedroom plus study apartment at Martin No 38, located on Martin Road in prime District 9, will be among the properties offered by Colliers Intl under its first private treaty offering for this year. The 1,076 sqft…

Five freehold conservation shophouses in Rochor on the market for $20.3 mil

Five freehold conservation shophouses in Rochor, within the Desker Road conservation area, are up for sale at a guide price of $20.3 million ($1,701 psf). The property portfolio takes the addresses of 99, 103, 105, 106 and 107…

Two freehold factory units in Mandai up for sale with S$18m guide price

Two freehold factory units at 94 and 96 Mandai Estate are up for sale with an indicative price of S$18 million, Colliers Intl said on Wed. The two-storey terrace factory units in the Mandai Estate industrial cluster are…

More mixed-use developments to rise in CBD in next few years

With the COVID-19 pandemic amplifying the need for more mixed-use developments within CBD, Colliers Intl expects more such developments to rise up in the CBD in the next few years. It noted that more than 20 buildings with…

Six strata units at Peninsula Plaza, 11 units at Sim Lim Square on sale

A portfolio of six strata commercial units at Peninsula Plaza and 11 strata commercial units at Sim Lim Square has been launched for sale via EOI, revealed Colliers Intl. Located at the ground floor, the six strata units…

Four freehold conservation shophouses in Tiong Bahru for sale at $50 mil

A row of four adjoining freehold four-storey conservation shophouses near Tiong Bahru Market, on 265, 267, 269 and 271 Outram Road, will be up for sale on Oct 22. The guide price is $50 million, or $2,733 psf…

Singapore investment sales up 78% in 2020 Q3

Singapore saw investment sales volume jump 78% q-o-q to $3.99 billion during the third quarter of 2020, revealed Colliers Intl. “They are indeed showing signs of recovery in the second half of the year, with daily COVID-19 cases…

Office leasing market demand continues to be driven by certain sectors

Colliers Intl, on Oct 7th published its latest research report which examines the office leasing market demand, the performance of the Singapore office property market in Q3 2020 and its prospects ahead. Evaluating the data, Colliers Research notes…

Singapore real estate firms win prestigious international recognition

Two Singapore real estate firms won precious awards from Euromoney. Industry professionals from around the world participated in this year’s survey, for which over 2,700 valid responses were received. CBRE has been named the best Overall Agency in…

Singapore to lead rental recovery in Asia Pacific, Colliers

While occupiers in APAC have targeted higher office density in recent years, such trend can no longer continue with COVID-19, revealed Colliers Intl in a report. This comes as most occupiers are expected to adhere to standard social…

Retail property market weakened as industrial sector showed resilience

Colliers Intl, on 20th Aug published two research reports which examine the market performance of the retail property market and industrial property sector in the first half of 2020 (H1 2020) and its projections for both sectors. It…

Co-working space operators tone down growth plans

Expansion plans among co-working space operators have been more muted this year, with the opening of new work centres delayed and a more subdued take-up of new spaces. But despite the quiet year thus far, co-working spaces are…

Freehold light industrial property for sale presents opportunity for savvy investors

Colliers Intl announced that it will put up a freehold light industrial property located at 14 Genting Road for sale via an EOI exercise for S$16.8 million on 6 Aug 2020. The indicative price is S$16.8 million translates…

Portfolio of nine 999-year leasehold commercial units for sale at $17.7 mil

A portfolio of nine 999-year leasehold strata commercial units have been put up for sale at a guide price of $17.69 million ($2,805 psf) by marketing agent Colliers Intl. The properties include seven units at Peninsula Plaza, at…

Mortgagee sale of three industrial units at T99 in Tuas

Three units in T99, an industrial development at Tuas South Ave 10 are listed for sale by private treaty this month according to auction team at Colliers Intl. All three are mortgagee sales. The properties — which can…

CBD Grade A office rents moderate 1.2% in Q2

Average grade A office rents in CBD moderated 1.2% QoQ in Q2 to $10 psf, whilst grade B rents slid 1.8% QoQ on a like for like basis, according to Colliers Intl. Its Head of Research for Singapore…

Colliers appoints Stephen Bruce as head of real estate management services

Colliers Intl has appointed Stephen Bruce as head of real estate mgmt services for its Singapore business, with effect from July 6. As the executive director and head of real estate mgmt services for Colliers, Bruce – who…

Two industrial properties for sale with S$55m, S$8m indicative prices

Colliers Intl will put up two industrial properties for sale via an EOI on Tues. The two properties – 12 Tagore Drive, and two strata units at 205 Henderson Road – have indicative prices of S$55 million and…

Singapore to achieve five-year average office rent growth of 3.3%

Singapore medium-term office rent is expected to achieve five-year average annual growth of 3.3%, according to Colliers Intl report. Grade A offices remain attractive with a yield of 3.9%. The report is confident that Singapore can keep its…

Singapore’s retail sector remains bright despite COVID-19

Despite being one of the most severely affected sectors by the COVID-19 pandemic, Colliers Intl believes the long-term prospects of Singapore’s retail sector remains promising. According to DOS, total retail sales in Singapore fell 40.5% year-on-year to $2.1…

Two industrial properties at Tuas for sale

Two industrial properties at Tuas have been put up for sale via an EOI exercise launching June 18. The first property is at 31 Tuas South St 5, which has a price tag of $17 million. The total…

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