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Category: PROPERTY

Posted on 15/05/2025

Frasers Hospitality Trust’s stapled securities open 1.5% higher after privatisation proposal

SINGAPORE] Stapled security prices of Frasers Hospitality Trust (FHT) opened 1.5 per cent higher at S$0.695, a day after Frasers Property proposed to privatise the trust at S$0.71 per stapled security ... ( read original story ...)

Posted on 15/05/2025

Frasers Property makes second bid to privatise Frasers Hospitality Trust in $1.37 billion deal

The offer price of 71 cents per share is at a 7 per cent premium to FHT’s last traded price of 66.5 cents. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)

Posted on 14/05/2025

Thai Billionaire’s Frasers Property Offers To Take Hotel REIT Private For Second Time In $1 Billion Deal

Frasers Property first attempted to take Frasers Hospitality private in June 2022 but it failed to garner enough votes from minority shareholders. ( read original story ...)

Posted on 14/05/2025

Citing worsening macro conditions, Frasers Property renews bid to take Frasers Hospitality Trust private

SINGAPORE] Frasers Property is proposing to privatise Frasers Hospitality Trust (FHT) at S$0.71 per stapled security, citing its inability to improve the distribution and growth of FHT in the face of ... ( read original story ...)

Posted on 14/05/2025

Browse listings, book viewings, calculate loans: Simplify your home search with new property app

Besides consolidating your house-hunting needs, homegrown platform Homejourney also features an AI chatbot that can answer your questions in real time, taking the guesswork out of the process Read ... ( read original story ...)

Posted on 13/05/2025

Investors should not avoid Reits over fears of dilutive equity raisings

All things being equal, a Reit’s distributable income rises when borrowing costs decline. Also, as low-risk alternatives such as Singapore dollar fixed deposits or Treasury bills (T-bills) issued by ... ( read original story ...)

Posted on 13/05/2025

Family of Koufu Group founders to buy Caldecott Hill GCB site for $58m

A Good Class Bungalow (GCB) site in the Caldecott Hill Estate is set to be purchased for $58 million by the sons of Koufu Group founders Pang Lim and Ng Hoon Tien, reported The Business Times. The ... ( read original story ...)

Posted on 13/05/2025

Trading halt for FHT and sponsor Frasers Property, pending announcement

Frasers Hospitality Trust and its sponsor Frasers Property have both called for a trading halt, pending an announcement. On April 23, FHT said it is conducting a "review" of its strategy, to "ensure ... ( read original story ...)

Posted on 12/05/2025

Frasers Property stays confident in Southeast Asia despite tariff headwinds: ‘Demand is still there’

Demand for Thai industrial real estate is still present thanks to supply chain restructuring, the company noted in an earnings briefing. ( read original story ...)

Posted on 12/05/2025

Singapore new private home sales to reach up to 9,000 units in 2025

And the overall private home prices may climb by 3% to 4% this year. According to Ismail Gafoor, CEO of PropNex Realty, helped by the strong buyer sentiment in Q1 2025, the number of new private homes ... ( read original story ...)

Posted on 11/05/2025

Thai billionaire’s Frasers Property posts profit jump, plans China expansion

Frasers Property Ltd., the developer controlled by Thailand’s 3rd richest man Charoen Sirivadhanabhakdi, has posted surging profit in Singapore and is looking to expand in Chinese cities. ( read original story ...)

Posted on 10/05/2025

Singapore’s OCBC posts profit beat, sets aside credit buffers for rougher ride ahead

Singapore’s second largest bank, maintained 2025 guidance and set aside credit allowances, citing a challenging ... ( read original story ...)

Posted on 09/05/2025

Property buyer loses S$590k suit against real estate agent, ERA in rare case of size disparity

SINGAPORE] A beauty salon owner bought a commercial unit at D’Leedon condominium for nearly S$1.6 million, assuming that the size of the premises was 818 sq ft. Read more at The Business Times. ( read original story ...)

Posted on 08/05/2025

Property buyer loses $590k suit against real estate agent, ERA in rare case of size disparity

The lot area of the unit with upward-sloping walls was based on the ceiling area. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)

Posted on 08/05/2025

Distressed Property Sales Are Up In Singapore In 2025: But Don’t Expect Bargain Prices

Mortgagee listings were up as of Q1 2025. Also referred to as distressed properties, these are homes that have been foreclosed on. The rise in mortgagee sales is a bit unsurprising, given the volatile ... ( read original story ...)

Posted on 07/05/2025

Pan Pacific Orchard isn’t just a Singapore landmark – the Woha Architects-designed hotel harnesses nature and sustainability to offer a true haven of tranquillity in the …

With 347 rooms and suites, multiple dining establishments, bar and verdant outdoor lounges based on the city's microclimates, Pan Pacific Orchard is a feast for the senses Since its opening in ... ( read original story ...)

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