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Commercial buildings

Parking dispute ends with High Court ruling on proxy cap in strata developments

jlcarpark - Under an arrangement that dated back to at least 2017, the management corporation (MCST) of WCEGA Plaza and Tower allowed the WCEGA Used Car Association (WUCA) to operate 58 basement parking spaces. Photo taken on 28 April, 2026.
ST PHOTO: ARIFFIN JAMAR
jlcarpark - Under an arrangement that dated back to at least 2017, the management corporation (MCST) of WCEGA Plaza and Tower allowed the WCEGA Used Car Association (WUCA) to operate 58 basement parking spaces. Photo taken on 28 April, 2026.
ST PHOTO: ARIFFIN JAMAR

Market Insights

Mall mania: Paragon, i12 Katong change hands; White Sands up for grabs

Cuscaden Peak said CICT's $3.9 billion offer for Paragon was unsolicited, but it nevertheless accepted the proposal after weighing it against its plan to upgrade the mall.
Cuscaden Peak said CICT's $3.9 billion offer for Paragon was unsolicited, but it nevertheless accepted the proposal after weighing it against its plan to upgrade the mall.

CapitaLand Trust buys Paragon mall for $3.9 billion, sells Asia Square Tower 2 for $2.5 billion

Paragon, which houses more than 190 retail brands, will increase CapitaLand Integrated Commercial Trust's presence in Orchard Road.
Paragon, which houses more than 190 retail brands, will increase CapitaLand Integrated Commercial Trust's presence in Orchard Road.

MoMath in New York brings prime numbers to a prime new location

The interactive exhibit ÒPrime Properties,Ó which shows the prime factors of integers from 1 to 100, at the National Museum of Mathematics in New York, Feb. 24, 2026. After outgrowing its original home, the National Museum of Mathematics has added new exhibits and an art gallery space in what was an empty storefront along the Avenue of the Americas in Manhattan. (Emon Hassan/The New York Times)
The interactive exhibit ÒPrime Properties,Ó which shows the prime factors of integers from 1 to 100, at the National Museum of Mathematics in New York, Feb. 24, 2026. After outgrowing its original home, the National Museum of Mathematics has added new exhibits and an art gallery space in what was an empty storefront along the Avenue of the Americas in Manhattan. (Emon Hassan/The New York Times)

Frasers Property clinches The Centrepoint’s rear block in $391.9 million en bloc purchase

The Centrepoint's rear block comprises 66 retail units and 66 residential apartments.
The Centrepoint's rear block comprises 66 retail units and 66 residential apartments.

Frasers Property defends turf with $391.9 million acquisition of The Centrepoint rear block

The rear block comprises the residential component of The Centrepoint development and roughly one-third of its retail units.
The rear block comprises the residential component of The Centrepoint development and roughly one-third of its retail units.

City Plaza secures mandate for $970 million collective sale after two failed attempts

City Plaza’s first collective sale attempt was in 2018 at a reserve price of $1.05 billion, but it secured only 53 per cent support.
City Plaza’s first collective sale attempt was in 2018 at a reserve price of $1.05 billion, but it secured only 53 per cent support.

OUE REIT, UOB gauging market interest for One Raffles Place as part of asset strategy

OUB Centre holds an 81.54 per cent stake in One Raffles Place, with UOB holding the remaining 18.46 per cent interest.
OUB Centre holds an 81.54 per cent stake in One Raffles Place, with UOB holding the remaining 18.46 per cent interest.

Tenants await outcome of The Centrepoint’s partial collective sale effort

Developed by Frasers Centrepoint (now Frasers Property), The Centrepoint’s rear block was put up for collective sale at $418 million on Jan 7.
Developed by Frasers Centrepoint (now Frasers Property), The Centrepoint’s rear block was put up for collective sale at $418 million on Jan 7.

City Plaza gunning for third time lucky with $970m collective sale attempt, hoping for CDL support

Zoned for commercial use, City Plaza sits on a 13,146 sq m site, with gross floor area of 33,781 sq m..
Zoned for commercial use, City Plaza sits on a 13,146 sq m site, with gross floor area of 33,781 sq m..

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.