SG Property News | February 20 2025
Singapore property news roundup for Thursday, February 20, 2025. Headlines link to the original publishers.
Healthy take-up in new Grade A office space, but rents to stay stable: Morgan Stanley
Edgeprop
According to a February research report by Morgan Stanley, Singapore Grade A office rents are expected to remain stable in 2025, even as the office market sees healthy take-up among new developments. IOI Central Boulevard Towers, a Grade A office development on Central Boulevard in the CBD, is nearing full occupancy. Last month, The Edge Singapore reported that the newly completed development with 1.24 million sq ft of office space is around 75% committed.
Weave Living expands in Singapore with two launches
Serviced Apartment News
Hong Leong Holdings to preview Lentor Central Residences on Feb 21, with prices starting from $975,000
Edgeprop
Lentor Central Residences, a 477-unit development in Lentor Hills, will be exhibited on Feb 21. The project is expected to go on sale on March 8. This is the sixth new launch project at Lentor Hills and it is jointly developed by Hong Leong Holdings, GuocoLand and CSC Land. Lentor Central Residences consists of two high-rise residential blocks, a 27-storey block and a 28-storey block.
PropertyGuru lays off 174 employees, closes 3 units
The Straits Times
Over 1,000 new launch condos sold in a month – Is 2025 set for a property market upswing?
99.co
February 2025 BTO sales: Demand trends and key insights
99.co
CT Pemimpin: A rare freehold industrial property in the city
Edgeprop
CT Pemimpin, a freehold B1 industrial factory located at 43 Jalan Pemimpin in the Central Region, is the latest quality project development launched by Chiu Teng Group, which has carved a niche in developing quality commercial and industrial spaces in Singapore. CT Pemimpin’s coveted location in the centre of Singapore in District 20 serves as an ideal location for companies looking for a site that offers superb accessibility and property investors on the lookout for a rare permanent investment option.
Aurelle Of Tampines EC Preview: Is This 760-unit EC 5-Minutes Away From Tampines North MRT Worth A Look?
Stacked Homes
Tampines North is certainly having its moment. Hot on the heels of Parktown Residence, the upcoming launch of Aurelle of Tampines signals yet another wave of interest in this fast-developing estate. But while Parktown Residence enjoys the limelight of being…
JustCo opens co-working space in Tokyo under luxury brand The Collective
Edgeprop
The Collective, the luxury brand under homegrown flexible workspace operator JustCo, has officially opened its inaugural flagship co-working space in Tokyo, according to a Feb 19 release. The 24,000 sq ft co-working space is in GranTokyo South Tower, a 42-storey skyscraper in the Marunouchi district within Tokyo’s Chiyoda City ward. The building is adjacent to Tokyo Station, which offers easy access to the airports at Narita and Haneda.
Freehold land parcel in East Coast landed estate for sale at $38 mil
EdgeProp Singapore