Category: Commercial News

Peak Tower Corp has bought Selegie Centre at its reserve price of $120 million. This is around $1,942 per square foot per plot ratio (psf ppr). Selegie Centre is a 30-year-old, integrated development in District 7, at the border of the CBD. Owners of Selegie Centre’s commercial units are expected to reap between $1 to…

WeWork is launching its tenth co-working space. The US-based company is opening its first location outside CBD at 380 Jalan Besar. It is at 380 Jalan Besar and can house more than 380 people. As co-working spaces go, WeWork’s new space also caters to the young innovators who will occupy the space. With surrounding amenities…

Got plans to set up your very own restaurant or cafe in Singapore? The F&B scene in Singapore is brutal, and in order to survive, you’ll need to serve up excellent food AND deliver on atmosphere as well. Now, when it comes to atmosphere and ambiance, location is KEY. If you choose to set up…

Some  say residential and commercial properties are two “different animals”, like cats and dogs. But really, it’s more like the difference between a cat and tyrannosaurus-rex. The two are so different, a residential investor may need to to re-learn the rules from the ground-up. Here’s how to tell if you’re ready to take over a…

If you’re new to renting, it’s normal to be a little intimidated by all the technical language in your Tenancy Agreement (TA). In this article, we explain seven important, yet lesser-known, rental clauses for both landlords and tenants. Note that these clauses may apply not only to residential, but also to commercial and industrial properties….

Christmas is around the corner, and more and more Singaporeans are choosing to do their shopping online instead of at shopping malls. In fact, many of those who still go to Orchard Road are there for window shopping; to see and feel items before buying them — often for cheaper — online. This of course, isn’t…

Beauty World and Golden Mile are the “lifestyle hubs” of Singapore, according to numerous sarcastic comments concerning their recent en bloc attempts. Ignore those clueless people: not only are these two places iconic, they also have a location that would make any property developer reach for the wallet. But which of the two, Beauty World…

Sure, we could go into detail about how commercial properties are a better investment because residential property have higher taxes, lower rental yield et cetera, but that’s not the only reason why plenty of Singaporeans wish they owned commercial properties. Whether it’s a kopitiam or a yoga studio, we’ve all fantasised about owning these at…

To be honest, the days of a shopping mall as an amenity are beginning to fade. More Singaporeans shop online every year, and the tenant mix at neighbourhood malls is also revealing. In the not too distant past, a mix consisting of 80% retail and 20% F&B (food and beverage) outlets was common. Today, it’s…

Let’s say you’ve squirrelled away a significant amount of money and have been thinking of plonking it down on a property for investment purposes. Uncles at your local coffeeshop have been filling your head with praise for various condo projects, and how residential property prices over time and the monthly loan repayments are more than…