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Changi City Point sold for $338 million

Shaun Poh • 30/08/2023

Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm is pleased to announce that it has successfully brokered the sale of Changi City Point at 5 Changi Business Park Central 1, Singapore (the “Property”) for $338 million.

The Property is a three-storey retail mall (with one basement) located in Changi Business Park, next to the Singapore Expo MRT station and near the Singapore Expo.

Mr. Shaun Poh, 傅子伟, Executive Director of Capital Markets at Cushman & Wakefield said, “Despite the rising interest rate environment, we continue to see investors favouring retail assets, especially the good quality and sizable suburban malls like Changi City Point given the positive rental outlook and scarcity of such assets.”

Recent Press Releases

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Cushman & Wakefield Strengthens its Leadership Team for Project & Development Services in Singapore and Southeast Asia

Cushman & Wakefield is pleased to announce a senior promotion and three new leadership appointments within its Project & Development Services (PDS) business across Singapore and Southeast Asia.

Chek Yee Foo • 22/04/2025

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Cushman & Wakefield Names Matthew Bouw Chief Executive, APAC & EMEA

Cushman & Wakefield (NYSE: CWK) announced today the appointment of Matthew Bouw as Chief Executive, APAC & EMEA, effective from 1 May 2025. 

Richard Coleman • 16/04/2025

10 Tampines
A Rare 6-storey Industrial Building With Cleanroom Facilities and Ancillary Office for sale

Cushman & Wakefield, the vendor’s exclusive marketing agent, is pleased to present interested parties with the opportunity to acquire a rarely available 6-storey industrial building with cleanroom facilities which comes with extra high-tension incoming power located at 10 Tampines Industrial Avenue 3.

Jacyn Kang • 09/04/2025

Piccadilly Serangoon Singapore
Freehold Brand New 6-Storey Commercial Building on Serangoon Road for Sale at $75 Million

Cushman & Wakefield (“C&W”), the exclusive marketing agent, is pleased to present for sale a freehold, brand new 6-storey commercial building, Piccadilly Serangoon, located at 1377 Serangoon Road (the “Property”) via an Expression of Interest exercise. The indicative price is $75 million. 

Shaun Poh • 27/03/2025

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Cushman & Wakefield Secured No.1 Position in Singapore’s Growing Hotel Investment Market

Cushman & Wakefield is pleased to announce that it has been ranked as the No. 1 real estate investment brokerage firm for hotel transactions in Singapore based on sell-side and overall transaction volume, according to MSCI Real Assets 2024 Global Broker Rankings report.

Jacyn Kang • 25/03/2025

243 Alexandra Road Singapore
Prime Freehold 6-Storey Light Industrial Building with Basement Car Park for Sale

Cushman & Wakefield, the appointed marketing agent for the vendor, is pleased to present interested parties with the opportunity to acquire a prime freehold 6-storey light industrial development located at 243 Alexandra Road. 

24/03/2025

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Contractor sentiment generally positive as the worst of price pressures ease, according to office fit out vendors across Asia Pacific

The cost to fit out an office in key locations across Asia Pacific has continued to rise, although at a slowing rate, according to findings from Cushman & Wakefield’s 2025 Fit Out Cost Guide.

Amanda Phua • 06/03/2025

Freehold Commercial Strata
Entire Floor of Freehold Commercial Strata Space within Prime Orchard District For Sale at S$76.0 Million

Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm is pleased to offer the exclusive sale of the entire second-floor office space at 15 Scotts Road, one of Singapore's most prestigious districts via an Expression of Interest.

Shaun Poh • 09/01/2024

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