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Frasers Commercial Trust's Q4 DPU flat at 2.4 Singapore cents

The Business Times
DESPITE a fall in gross revenue and net property income, commercial and business park owner Frasers Commercial Trust (FCOT) was able to report a jump in distribution income for its fourth quarter, thanks to contributions from Farnborough Business Park, higher distribution from capital returns and payment of management fee in units in lieu of cash.

OrangeTee not for sale: MD

The Business Times
REAL-estate services company OrangeTee, which owns the third-largest property agency by size of sales force, is not for sale, two members of its management said at an internal company event this week.

New URA rules for bigger unit sizes may reduce affordability for retirees and millennials: Redas

The Business Times
THE new guidelines on average unit sizes and the maximum number of units allowed in new private flat and condo developments could affect affordability for those looking to downsize and retire, and millennials seeking smaller dwelling units and flexible living, the Real Estate Developers' Association of Singapore (Redas) said in a statement Thursday afternoon.