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Rents are being lowered as the rental demand has slowed

[vc_row][vc_column][vc_column_text]PropertyGuru reported that private landlords’ asking rents in Singapore had been declining since the end of 2023. Rental demand was easing and supply increasing, according to the report. The study was published in late march and showed that asking rentals – which are the rents shown in listings on PropertyGuru – consistently declined in 2023.

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Lian Beng joint venture sells Wilkie Edge to Keppel Capital

[vc_row][vc_column][vc_column_text]Keppel Capital has reportedly signed a joint venture agreement (JV), between Lian Beng Group, Apricot Capital and Apricot Capital to sell office and retail space in Wilkie Edge area of Selegie. The Business Times has been informed that the price of this property is around S$350,000,000, or S$2,200 per square foot, based on an area

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