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Category: PROPERTY

Posted on 05/02/2024

Singapore shares sink on Monday after Powell signals slower-than-expected rate cuts; STI down 1.4%

SINGAPORE shares ended Monday (Feb 5) in the red, after United States Federal Reserve chair Jerome Powell said the Federal Open Market Committee is unlikely to make a rate cut in March. Read more at ... ( read original story ...)

Posted on 05/02/2024

Singapore jails helper who stole more than US$30,000 from employer with dementia

Albertina Kallu remitted the entire amount to her bank account in Indonesia and spent it all, including on building a house, the court heard. ( read original story ...)

Posted on 05/02/2024

Why a soft landing for Singapore property might be no landing at all

Why Singapore’s residential property market is not about to hit the skids In the commercial sector, rents for grade A offices in Singapore’s central business district (CBD) declined last quarter, on a ... ( read original story ...)

Posted on 05/02/2024

Maid jailed for transferring over S$41,000 to her own bank account from employer with dementia

She had been granted access to her employer's banking details so that she could credit her S$720 monthly salary to herself. ( read original story ...)

Posted on 05/02/2024

4 Resilient Singapore REITs with Distribution Yields of 5.4% or Higher

We feature four REITs that sport distribution yields of 5.4% or more. The post 4 Resilient Singapore REITs with Distribution Yields of 5.4% or Higher appeared first on The Smart Investor. ( read original story ...)

Posted on 04/02/2024

4 most expensive condos in Bugis: Is this the next most prestigious place to live in Singapore?

Bugis is supposedly Singapore's midtown - an area between the fringe regions and the city centre. But ever since South Beach Residences and the ongoing Ophir-Rochor Corridor, it's seemed that the ... ( read original story ...)

Posted on 04/02/2024

Buying an HDB BTO flat in Singapore: A step-by-step guide (2024)

Buying an HDB BTO flat is a rite of passage for most Singaporeans. It's a sign that you're finally ready to start adulting for real, and a badge of honour declaring that your mum no longer does your ... ( read original story ...)

Posted on 04/02/2024

‘Titan of Singapore’s banking industry’: PM Lee remembers former UOB chairman Wee Cho Yaw

Mr Wee helmed the UOB Group for more than 60 years and died on Feb 3 at the age of 95. Read more at straitstimes.com. ( read original story ...)

Posted on 04/02/2024

Dasin Retail Trust’s property valuation falls by 4.6% h-o-h to RMB9.09 bil

Dasin Retail Trust has reported a decline in the fair value of its investment properties. After obtaining independent valuations as at June 30, 2023, the trust’s properties are now valued at RMB9.09 ... ( read original story ...)

Posted on 04/02/2024

Wee Cho Yaw, who shaped Singapore bank industry, sies at 95

Wee Cho Yaw, the billionaire who shaped Singapore's financial landscape by amalgamating several old family-controlled banks, has died. He was 95. The former chairman of United Overseas Bank Ltd. died ... ( read original story ...)

Posted on 03/02/2024

Singapore’s Wee Cho Yaw, who propelled UOB bank’s rise, dies at 95

Wee Cho Yaw, ex-chairman of Singapore’s United Overseas Bank Ltd who helped transform the lender into a regional powerhouse, has died at the age of 95, the bank said on Saturday. Wee, Singapore’s ... ( read original story ...)

Posted on 02/02/2024

CapitaLand Ascott Trust to sell Citadines property for $148 million

Citadines Mount Sophia Singapore is being sold at 19.4 per cent above its book value as at end-2023. Read more at straitstimes.com. ( read original story ...)

Posted on 02/02/2024

Investors to stay cautious navigating Singapore’s property market in 2024

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ... ( read original story ...)

Posted on 31/01/2024

Asia-Pacific residential property shines in H2 2023

The Asia-Pacific residential property market Asia-Pacific witnessed accelerated growth in H2 2023, with Singapore registering as the top-performing market with 13.7% year-on-year (YoY) growth, ... ( read original story ...)

Posted on 30/01/2024

Singapore stocks track Wall Street gains on Tuesday; STI up 0.3%

SINGAPORE shares ended higher on Tuesday (Jan 30), mirroring overnight gains over in the US market. Read more at The Business Times. ( read original story ...)

Posted on 30/01/2024

Stocks in Asia slip as China property sector worries weigh

U.S. Treasury yields remained under pressure in Asian hours, keeping a lid on dollar movement, after the Treasury Department said it would need to borrow less than its previous estimates. How the ... ( read original story ...)

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