Singapore Property Market

Singapore Property News

HDB Properties

Condo & Apts

Jakarta Market

Jakarta News

Jakarta Condos

Jakarta Homes

Empire Links

Singapore Property Market

SINGAPORE DEVELOPERS
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others
SINGAPORE PROPERTY  REPORTS
Colliers Jardine	Savills	Knight Frank	Jones Lang Lasalle-sep08

RESIDENTIAL
HDB PROPERTIES HDB properties HDB resale prices HDB LUPs	CONDOS & APTS new condos & apts condos A to Z condos by districts	HOUSES landed housing
COMMERCIAL OFFICES, SHOPS AND INDUSTRIAL
OFFICES	INDUSTRIAL	SHOPHOUSE

MAR 2009    TBA

APR 2009    TBA

MAY 2009    TBA

JUN 2009    TBA

JUL 2009    TBA

Starhill Global REIT's DPU up 6.7% on-year in Q2

SINGAPORE: Singapore-listed Starhill Global REIT, which owns stakes in Wisma Atria and Ngee Ann City, said on Wednesday its distribution per unit for the second quarter rose 6.7 per cent year-on-year to 1.9 Singapore cents. Net property income for the three months to June climbed 16.4 per cent to S$27 million, mainly due to higher rates achieved for office renewals and new leases in Singapore, as well as higher revenue from its Chengdu property in China. The property trust said occupancy for retail space in both Wisma Atria and Ngee Ann City remained high at around 98 per cent in the quarter.Meanwhile, occupancy for office space in the two properties were above 90 per cent.Starhill said it will continue to concentrate on tenant retention and sustaining the appeal of its retail properties in terms of trade mix and offerings.It added that managing financing cost remains a key objective. - CNA/yb

==========

Ascendas India Trust to pay 2.05 S'pore cents per unit for Q1

SINGAPORE: Singapore-listed Ascendas India Trust said it will pay 2.05 cents per unit for its fiscal first quarter. This was up 25 per cent over the same period a year ago. All in, its first quarter distributable income to unit holders came to S$15.7 million. The rise was on the back of a 15 per cent increase in net property income to S$18.3 million for the three months ended June. The manager of the trust said a key contributor to the results was the growth in property income despite the difficult business environment.It added that income grew on the back of high occupancy rates and resilient rental rates.Looking ahead, the property trust said it will continue to focus on retaining tenants, containing costs and seeking opportunities to invest in future growth.However, it said its performance is tied to the performance of its tenants and demand for office space in Bangalore, Chennai and Hyderabad. - 938LIVE/vm

++++++++++

Suntec REIT's Q2 DPU rises 6.6% to 2.97 S'pore cents

SINGAPORE: Suntec Real Estate Investment Trust said its second quarter distribution per unit rose 6.6 per cent to 2.97 cents. This was on the back of higher net property income which rose 6.2 per cent on year to S$149 million for the three months ended June.The property trust said this was mainly due to higher rents achieved for the Suntec City and Park Mall properties.As at June, the committed occupancy for its overall office portfolio stood at 94.8 per cent. For the first half of the financial year, the REIT renewed and signed around 375,000 square feet of office space that was up for renewal.With this, the remaining office leases expiring in the current financial year amount to around 4.5 per cent of the total office net lettable area. - 938LIVE/vm

^^^^^^^^^^^^^^

Fortune REIT's Q2 distributable income down 0.7% to S$14.7m

SINGAPORE: Singapore-listed Fortune REIT, which owns shopping malls in Hong Kong, said its distributable income for the second quarter dipped 0.7 per cent to S$14.7 million. Net property income for the three months ended June edged up slightly by 0.3 per cent to S$21.4 million. Distribution per unit for the first half of the year rose 5.9 per cent from a year ago to 19.6 Hong Kong cents. The REIT said higher rental rates at some of the malls were the main drivers of revenue growth in the first half. Looking ahead, Fortune REIT said the near-term outlook of the retail market is expected to remain challenging. But it believes that its portfolio of eleven suburban retail properties will remain resilient throughout the downturn as the malls mainly cater to non-discretionary spending in daily necessities and services.The manager of the property trust said it will continue to proactively manage the portfolio and aim to deliver unitholders stable returns. - 938LIVE/vm

##########

AUG 2009    TBA

SEP 2009    TBA

OCT 2009    TBA

NOV 2009    TBA

DEC 2009    TBA