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Melaka proposes to rate fire safety standards of commercial buildings

By Mar 08

PETALING JAYA (March 8): Melaka housing, local government and environment committee chairman Datuk Wira Ismail Othman has proposed for commercial buildings in the state be given a star-based fire safety rating system, The Star Online reported yesterday.

Political uncertainty negatively impacts commercial property, says Knight Frank

By Rachel Chew Jan 24

KUALA LUMPUR (Jan 24): With Malaysia’s general elections looming, political uncertainty has affected market sentiments and this will have an impact on the general property sector and the commercial property segment in particular.

Klang Valley retail occupancy rate at 5-year low

By Adam Aziz Dec 06

KUALA LUMPUR (Dec 6): The average occupancy rate of retail space in the Klang Valley, which has been falling marginally over the last six years, is now hovering at a five-year low of 86%, said real estate services firm Nawawi Tie Leung Sdn Bhd (NTL).


By Tan Ai Leng Nov 10


Steep hike in development charge rates for Spore's non-landed residential sector

By Lin Zhiqin Sep 04

SINGAPORE (Sept 5): The Ministry of National Development has raised the development charge (DC) rates for land use groups: commercial; landed residential; and non-landed residential for the period of Sept 1 to February 28, 2018. DC is payable to the state by property owners when approval is granted for land use intensification or for change of use. The DC rates remain unchanged for the other use groups.

CapitaLand-led JV in S$1.8 bil redevelopment of Golden Shoe Car Park

By Michelle Zhu Jul 13

SINGAPORE (July 13): CapitaLand, CapitaLand Commercial Trust (CCT), Mitsubishi Estate (MEC) have formed a joint venture (JV) to redevelop Golden Shoe Car Park (GSCP) into a landmark integrated development in Raffles Place, which is estimated to cost a total of S$1.82 billion (RM5.67 billion).

Property divestments bode well for CapitaLand Commercial Trust’s M&A prospects

By Michelle Zhu Jul 04

SINGAPORE (July 4): UOB Kay Hian is reiterating its “buy” call on CapitaLand Commercial Trust (CCT), following news of its divestment of Wilkie Edge to construction and property development firm, Lian Beng Group, for a consideration price of S$280 million (RM870 million).

This property group is poised for a pickup

By Samanatha Chiew May 30

SINGAPORE (May 30): DBS Vickers expects Frasers Centrepoint Ltd (FCL) and its REITs to deliver consistent returns in the coming years, leveraging on the improved outlook of their key markets of Australia and Singapore.

This S'pore REIT gets ‘hold’ on new office supply, uncertainty over acquisition

By PC Lee May 08

SINGAPORE (May 8): DBS is maintaining its “hold” call on OUE Commercial REIT (OUE CT) with a revised target price of 67 Singapore cents given likely operational weakness ahead of new office supply in 2017, dilution from the recent equity placement, and uncertainty over the timing of any acquisition.

CapitaLand Commercial Trust to divest One George Street into 50%-held JV partnership for S$84.6 mil

By Michelle Zhu May 02

SINGAPORE (May 2): The trustee manager of CapitaLand Commercial Trust (CCT) has entered into an agreement to divest One George Street into a concurrently-formed limited liability partnership – One George Street LLP (OGS LLP), which CCT has established with joint venture partner OGS (II), a special purpose vehicle owned by insurer FWD Group.