Topic of Interest: #JLL (500 Articles Found)

Filter
  • Filter Articles By

  • Date Range

  • Categories

    • Select Category

  • Articles

    • Select Type of Articles

  • Authors

    • Select Author

Singapore’s office market to bottom-out in 2021

Singapore’s office market performed better than expected in 2020 despite the pandemic. It is expected to continue on a path to recovery after bottoming out in the current year. Although Singapore’s GDP registered its deepest post-independence contraction of…

Some cheer for REITs unitholders

Unitholders of REITs are likely to cheer the Budget – for something that wasn’t announced. In contrast to last year when the government urged landlords to provide relief to their tenants grappling with the crisis, there was no…

Singapore economy expected to recover: JLL

Singapore’s economy is expected to recover as the intra-regional travel and expansion of finance, technology and asset mgmt firms from China and other countries continue, according to JLL. According to the JLL Capital Tracker, trends in 2020 include…

SG property investment sales to rebound in 2021

The economic uncertainties due to COVID-19 and the travel restrictions affecting the practicality to execute transactions, hampered deals in 2020. Still, investors injected $17.3 billion into Singapore’s property investment sales market, comprising all private sector deals worth at…

Three adjoining mixed development sites near Botanic Gardens for collective sale at $62.5 mil

Three adjoining, mixed-use redevelopment sites near the Botanic Gardens MRT Interchange Stations — 551 to 553 Bukit Timah Road, 6 to 8 Duke Road and a driveway — have been put up for sale by tender. All the…

Tanjong Pagar conservation shophouse for sale at $10.2 mil

A three-storey conservation shophouse with attic at 91 Tanjong Pagar Road is on the market at a guide price of $10.2 million, or $2,615 psf on the built-up area. Located within the Chinatown-Tanjong Pagar Conservation Area, the property…

JLL appoints new country heads for Singapore and Thailand

JLL has appointed Chris Archibold as country head, Singapore, and Michael Glancy to succeed Suphin Mechuchep as country head, Thailand. Mechuchep will step into a new role as chairperson for Thailand. The leadership changes are effective Jan 2021,…

Freehold commercial building near Jalan Besar MRT Station for sale at $23.5 mil

A freehold four-storey commercial building at 7 Hindoo Road, near Jalan Besar MRT Station, is on the market at a guide price of $23.5 million, or $1,760 psf on the total GFA. It was previously put up for…

Advance Apartment at Lorong 25A Geylang sold for $26.5 mil

Advance Apartment, a 14-unit development standing on 11,429 sqft of freehold land at 8 Lorong 25A Geylang, has been sold for $26.5 million via a collective sale exercise to a local consortium. It is the group’s second attempt…

2020: A year of contrasts

Jan seemed like a long time ago, when Singapore reported its first Covid-19 case. It became a global pandemic on an unprecedented scale — exacting a severe toll in terms of lives and the global economy. Although GDP…

Could en-bloc fever start again in 2021?

Speculation is rife that the en-bloc market could kick off again next year due to the continued drop in unsold inventory and a conservative slate of sites on GLS programme. The number of unsold units has dropped for…

Singapore’s resilient good class bungalow market

Undaunted by the pandemic and recession, sales of Singapore’s Good Class Bungalows (GCBs) have held up well in 2020, totalling SGD 802 million in 1Q-3Q20, or about 66.3% of the SGD 1.21 billion recorded in 2019. Following the…

Organisations to pay more for workspace upgrade: report

Organisations should expect to pay more to redesign or upgrade their workspaces in 2021, despite many trying to decrease capital expenditure due to the financial impact of the pandemic, according to the latest JLL report. The report noted…

JLL sells two District 9 residential sites worth $62 mil

Two adjoining collective sale sites in District 9, namely, Fairhaven and Sophia Ville, have been sold for $62 million or a unit land rate of $1,239 psf ppr by JLL to a local developer. Totalling 23,828 sqft, the…

Three executives leave JLL’s Hotels & Hospitality Group to start family office

Three executives at JLL’s Hotels & Hospitality Group left this month to start a family office looking to invest in hotels and real estate, according to their LinkedIn profiles. The three are David Marriott, who was previously an…

New Bridge Road shophouse, home to Song Fa Bak Kut Teh, up for sale

Shophouses on New Bridge Road are up for a change in hands, with at least three units being put up for sale this month. The latest to go on the market is a corner conservation shophouse at 11…

Pent-up demand to boost property investment sales for 2021

Singapore property sales dipped in 2020, but still outperformed that of global financial crisis (GFC). Investors injected some S$12.2 billion into Singapore’s property investment sales market in the first nine months of 2020. This is 55.2 per cent…

Singaporeans still favour in-store buying/dining

COVID-19 has accelerated online shopping, food delivery and heightened concerns about the continued relevance of physical stores. However, statistical evidence points at Singaporeans’ general preference for in-store buying and dining. This spells hope for mall landlords in the…

Singapore real estate transactions double quarter-on-quarter in Q3: JLL

Signs of recovery were seen in the third quarter with real estate transactions in APAC gaining 35 per cent q-o-q, while volumes about doubled in Singapore. However, according to a report by JLL, transaction volumes in the region…

Proptech wave is building up in Singapore

A proptech wave is building up in Singapore – recently named the world’s third most innovative city in JLL’s Innovation Geographies study. Driving this is the Singapore government’s Smart Nation initiative that was kicked off in 2014, laying…

JLL appointed marketing consultancy for Jurong Lake District

JLL has won a tender to market JLD amid plans to promote the district. The one-year contract, which comes with an award value of S$130,000, was awarded on Aug 24 after the tender closed in June, government procurement…

AI real estate platform OfficeBlocks launched

The future is now — using an AI platform, a property investor who takes a picture of a building with a mobile phone can now receive its rental estimates and value in their email within minutes. This can…

Why companies want proof buildings are healthy

Measuring and ranking a building’s health is increasingly in demand as the wellbeing of office workers moves to the top of the corporate agenda. Official building certifications have cropped up in Singapore, Australia and India, following on from…

Combined duplex penthouse at The Quinn on the market for $3.5 mil

A combined penthouse apartment at The Quinn, located along Bartley Road in District 19, is on the market for $3.5 million. According to the property listing, two duplex penthouse units have been amalgamated into the 3,240 sqft penthouse.…

Safe return to workplaces needs thoughtful plans on layouts, lifts, ventilation and more

Following the outbreak of COVID-19 earlier this year, cities around the world moved swiftly to mandate working from home. The rationale for working from home (WFH) is clear. Offices tend to be densely populated with people in close…

Landlord-tenant dynamics are being changed by Covid-19 regulations

Hastily enacted regulations addressing a fast-unfolding pandemic have introduced a layer of complexity around leases between tenants and landlords. Governments worldwide have implemented a range of emergency legal and fiscal policies to help cushion the economic damage caused…

Outperformers in Singapore’s soft home leasing market?

COVID-19 and the recession have not spared Singapore’s residential leasing market from headwinds. However, some developments continued to do well in commanding strong rents. We examined the attributes of these developments, which could be of interest, particularly to…

Freehold residential site in Newton for sale at $20 mil

A freehold residential site at Newton is on the market at a guide price of $20 million, or approximately $1,467 psf ppr, according to JLL. Spanning 9,873 sqft, the site at 1C Evelyn Road is zoned residential. It…

Geylang’s Advance Apartment owners eyeing over S$26.5m from collective sale

Freehold site Advance Apartment at 8 Lorong 25A Geylang is now available for collective sale by tender, after more than 80 per cent of the owners gave their consent, JLL said on Mon. The owners are expecting bids…

A tale of two retail hubs: Hong Kong & Singapore (Part 2)

However, what is the underlying reason that sales per capita in Hong Kong are so much higher than in Singapore? Well, let’s recall that the market for the retail scene is not limited only to residents of the…

Sign In to Bookmark This Story

Sign In with Google