Mapletree Commercial Trust (MCT) is proposing to buy a business park in Pasir Panjang at an agreed property value of S$1.55 billion from Heliconia Realty, a direct wholly-owned subsidiary of Mapletree Investments, MCT’s sponsor.
Decrease of 0.2 % detected in Singapore’s private condominium and apartment rentals. At the same time, HDB rents fell by 0.8 % as well in June from May and volumes keep on dropping, too.
