Posted on May 6, 2008 by lushhomeonline
TWO freehold industrial sites - at 18 Howard Road and 27 New Industrial Road, in the north-eastern part of Singapore - are for sale by tender at indicative prices of $30 million ($272 per sq ft per plot ratio) and $14 million ($278 psf ppr) respectively.
Charles Hoon, director of investment properties at marketing agent CB [...]
Filed under: General, Industrial, Land Sales, Landed Property, Luxury Property | Tagged: For Sale, GCB, Good Class Bungalow, Howard Road, Industrial Land, Land Sales, New Industrial Road, Yarwood Ave | No Comments »
Posted on May 5, 2008 by lushhomeonline
Temasek unit wraps US$600 million first close of new India-China fund
Mapletree Investments’ total asset size, comprising assets under management as well as on its own balance sheet, has nearly doubled to around $10.5 billion - inclusive of the recently announced acquisition of a $1.7 billion portfolio from JTC Corp - from $5.6 billion a year [...]
Filed under: General, Industrial, Office / Retail Space, REITS | Tagged: CIMB Mapletree Real Estate Fund, Embassy Reit, Mapletree, Mapletree Commercial Trust, Mapletree India-China Fund, Mapletree Industrial Fund | No Comments »
Posted on May 3, 2008 by lushhomeonline
65,000 sq m plant will be 3M’s most advanced outside the United States
TECHNOLOGY-BASED company 3M has pumped in some US$200 million to set up a manufacturing plant in Singapore that will produce coatings for film-based products used in commercial, electronic and automotive applications.
These products include films that are coated onto car windows and interior glass [...]
Filed under: General, Industrial | Tagged: 3M, Industrial Space, Tuas | No Comments »
Posted on May 3, 2008 by lushhomeonline
It will expand ops in Singapore, which it envisions as its regional superhub
United States technology conglomerate 3M, best known for innovative products such as Post-it note pads, is expanding operations in Singapore with a new US$200 million (S$274.2 million) plant in Tuas.
The factory will employ 250 workers initially to make thin film coatings. These coatings [...]
Filed under: General, Industrial | Tagged: 3M, Industrial Space, Tuas | No Comments »
Posted on April 30, 2008 by lushhomeonline
23% of firms cited poor business as a factor for termination: JTC
TERMINATION of leases of JTC flatted-factory space, which is supported by manufacturing and services, hit 37,000 sq m in the first quarter of 2008 - 22 per cent higher year on year and 14 per cent higher quarter on quarter.
According to JTC’s quarterly facilities [...]
Filed under: General, Industrial | Tagged: Flatted-factory Space, Industrial Rental, Industrial Space, JTC | No Comments »
Posted on April 30, 2008 by lushhomeonline
JTC has achieved a record occupancy level for its ready-built facilities in the first quarter of 2008.
Net allocation was 38,400 square metres, six-fold higher than the same period last year.
In its quarterly report, JTC said this helped to boost the occupancy level for ready-built facilities by 1.3 percentage points to 93.9 percent.
Termination level, however, has [...]
Filed under: General, Industrial | Tagged: Fusionopolis, Industrial Space, JTC, Occupancy Level, Ready-built Facilities | No Comments »
Posted on April 23, 2008 by lushhomeonline
WITH probably less than 350 completed office and industrial buildings in Singapore available for sale on a strata basis, transaction volumes have been steadily rising with more investors seeing an upside.
In a White Paper, Colliers International notes that since 2006, the strata office sector saw sales transactions rise 59.1 per cent from 2005 levels while [...]
Filed under: General, Industrial, Office / Retail Space, Property Investment | Tagged: Chinatown Point, E-Centre @ Redhill, Eunos Technolink, Golden Mile Complex, International Plaza, International Plaza and People's Park CentreChinatown P, People's Park Centre, Property Investment, Singapore Industrial, Singapore Office, Strata-tilted Industrial, Strata-titled Offices, Textile Centre, Ubi Tech Park | No Comments »
Posted on April 8, 2008 by lushhomeonline
A S$300 million warehouse store will be open in Jurong East in the last quarter of 2009. The company behind the Big Box project, TT International, said the Jurong warehouse will be its flagship store.
Sitting on a 5.6-hectare site near the Jurong East MRT station, the outlet will be as big as 27 football fields [...]
Filed under: General, Industrial, Office / Retail Space | Tagged: Big Box Project, Jurong East, Mega Store, Singapore Industrial, Singapore Office, TT International, Warehouse | No Comments »
Posted on April 4, 2008 by lushhomeonline
Office space crunch also lifts high-tech space occupancy to 94.1% at end of Q1
The average occupancy rate for business parks has hit a five-year high, crossing the 90 per cent mark.
According to a report by CB Richard Ellis (CBRE), the occupancy rate grew from 89.4 per cent at end-2007 to an estimated 90.2 per cent [...]
Filed under: General, Industrial, Office / Retail Space | Tagged: Business Parks, Changi Business Park, High-tech Space, Industrial Space, Office Rental, Office Space, Singapore Industrial, Singapore Office | No Comments »
Posted on April 2, 2008 by lushhomeonline
BUSINESS park space is not the only industrial sector benefiting from the spillover effects of the office space crunch.
According to a report by Colliers International, the light industrial factory segment is also beginning to experience some of this spillover effect.
Monthly gross rents of prime conventional flatted factories in central Singapore for Q108 increased by 11.8 [...]
Filed under: General, Industrial, Office / Retail Space, Rental | Tagged: Business Park Space, Industrial Rental, Industrial Space, Office Space, Singapore Industrial, Singapore Office | No Comments »
