SDB associate buys land in Singapore for RM223mil

“The property is located in the heart of Singapore’s premier residential enclave of Claymore Hill and Ardmore Park. In close proximity are the Tanglin Club, American Club, The Pines, Raffles Town Club, Goodwood Park Hotel as well as Shangri-La Hotel. ( read original story ...)

Malaysian developer pays $72m for prime site near Orchard Road

(Photo: Savills Singapore) Champsworth Development, a subsidiary of Malaysian property developer Selangor Dredging Berhad, has bought the prime freehold 1 Draycott Park apartment in District 10 for $72 million, said marketing agent Savills Singapore. ( read original story ...)

Here Are Four Singapore Companies With Bond Deadlines to Watch

Singapore’s bond market has seen unprecedented defaults, and a slump in oil prices along with a weak property market are threatening to increase nonpayments this year. The following is a list of four firms that have Singapore dollar-denominated bonds ... ( read original story ...)

Singapore among 10 cities leading the way in urban mobility

Singapore has been named among 10 cities in Asia Pacific implementing ... and there are numerous bike-sharing services available. As of 2016, property developers are also required to submit a detailed Walking and Cycling Pan as part of their development ... ( read original story ...)

Lorong 1 Realty Park site awarded

A 144,221 sq ft residential site at Lorong 1 Realty Park has been awarded to Fantasia Investment (Singapore) Pte Ltd ... The tender for the rare landed property site attracted 11 bids, with the winning bid working out to a land price of around S$526 ... ( read original story ...)

Indonesians among top-three buyers of Singapore property

The reasons behind Indonesian purchases are varied; some buy because their children are studying in Singapore or they need routine medical check-ups, while others buy the property merely for investment or security. (Shutterstock/beersonic) Indonesian ... ( read original story ...)

Bank of Singapore to keep hiring in hunt for growth, CEO says

SINGAPORE — Bank of Singapore, which recently broke into the ranks of Asia’s top 10 private banks, intends to keep hiring more relationship managers and focus on serving a wealthier bracket of customers to keep expanding its assets under management. ( read original story ...)

Singapore April bank lending rises 7.0 pct y/y

SINGAPORE May 31 Total bank lending in Singapore in April rose 7.0 percent from a year earlier, helped by increases in loans to financial institutions as well as housing and bridging loans, central bank data showed on Wednesday. Loans and advances by ... ( read original story ...)

Completed condo prices dip 0.6% in April: NUS index

View of high-rise apartments in Singapore. Prices of completed private non-landed residential properties fell 0.6 percent in April 2017, compared to a 0.8 percent rise in the month before, according to latest flash estimates of the NUS Singapore ... ( read original story ...)

Trillion Global invests S$67mil in Thailand condominium project

The Singapore real estate investment firm also invested an additional 760 million baht in a luxury condominium project by Singha Estate – THE ESSE at SINGHA COMPLEX. (Artist’s Impression: Singha Estate) As a stamp of approval to Thailand’s property ... ( read original story ...)

KSH Holdings FY2017 net profit down 33.4%

With this, the company proposed “final and special cash dividends of 1.5 Singapore cents and 0.5 Singapore cent per share, respectively, bringing the total dividends declared in FY2017 to 3.25 cents per share”. KSH also proposed to issue one bonus ... ( read original story ...)

Logan Property turns to Singapore in its bid to diversify

Drawn by the city-state’s stable operating environment and low tax system, Logan Property Holdings marked its maiden foray into Singapore with a record $1.003 billion bid for a prime residential site in Stirling Road with Nanshan Group, reported The ... ( read original story ...)

Property: Is housing in Singapore affordable?

Affordable housing is an ongoing debate, which probably goes as far back as the moment public housing was invented. It’s not uncommon, especially in Singapore, for the affordability of homes to be a hot topic. You may be wondering why we can never come ... ( read original story ...)