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Category: PROPERTY

Posted on 27/10/2023

CDL Hospitality Trusts Q3 net property income rises 23.4% to $39 million

Four hotels in its Singapore portfolio saw their highest Q3 revenue per available room. Read more at straitstimes.com. ( read original story ...)

Posted on 26/10/2023

Daily Cuts – Behind rising retrenchment in Singapore

Singapore Today's Lance Alexander and Hui Wong speak with Alvin Liew, Senior Economist, UOB, about why retrenchments here rose in September. Chief Executive John Lee’s second policy address focused on ... ( read original story ...)

Posted on 25/10/2023

Billion dollar money laundering case: Police seize cars worth S$4.8 million from property | Video

Singapore police seized four cars worth about S$4.8 million, including two Rolls-Royces and a Porsche, from a property along Third Avenue on Wednesday (Oct 25). This was part of the S$2.8 billion ... ( read original story ...)

Posted on 24/10/2023

This sector accounted for almost half of Singapore’s property investments in Q3

This is also two times more than the S$1.71 billion recorded a quarter ago.  The report said that the significant quarterly increase was mainly attributable to the award of five GLS sites, which ... ( read original story ...)

Posted on 24/10/2023

Real estate groups may gain by selling Singapore properties now to buy assets overseas later

HIGHER interest rates are driving asset valuations down in many markets, with negative implications for several Singapore-listed property plays. Read more at The Business Times. ( read original story ...)

Posted on 23/10/2023

Property groups may gain by selling Singapore assets now to buy assets overseas later

HIGHER interest rates are driving asset valuations down in many markets, with negative implications for several Singapore-listed property plays. Read more at The Business Times. ( read original story ...)

Posted on 22/10/2023

Easier MM2H conditions, Singapore’s high rental bode well for Johor real estate, says state housing chairman

Easing the strict conditions for the My Malaysia Second Home (MM2H) programme and the high rental in Singapore will provide a much-needed boost to ... ( read original story ...)

Posted on 21/10/2023

Daily Cuts – Will Singapore’s private property rents fall anytime soon

Singapore Today's Daniel Martin and Hui Wong speak with Jennifer Cheng, Director of Cybersecurity Strategy for Asia Pacific and Japan at Proofpoint, about how residents in Singapore are losing the ... ( read original story ...)

Posted on 20/10/2023

Net effective costs for prime occupiers in Singapore hit US$144.25

Singapore's net effective costs for prime occupiers remained at US$144.25 in 3Q23, the seventh highest in the world. Globally, Savills said the average net effective costs for occupiers taking ... ( read original story ...)

Posted on 20/10/2023

S-Reits could provide greater portfolio resilience as interest rates weigh on property plays

HIGHER interest rates have badly hurt the share prices of Singapore’s property-related stocks, but analysts believe opportunities are turning up among Singapore-listed real estate investment trusts (S ... ( read original story ...)

Posted on 19/10/2023

Frasers Property Singapore named as regional sector leader in ESG

Frasers Property Industrial was also recognised for its Australia-based assets. Frasers Property Singapore was amongst the non-listed Regional Sector Leaders under the Standing Investments assessment ... ( read original story ...)

Posted on 19/10/2023

Chinese Dirty Money Probe Extends To UBS As Credit Suisse Goes Under The Spotlight Of Singapore Regulators

Credit Suisse AG has become the target of another money-laundering probe, this time by the Singapore authorities, just months after being taken over by rival UBS Group AG (NYSE: UBS) and following a ... ( read original story ...)

Posted on 18/10/2023

Singapore shares fall at Wednesday’s close; STI down 1.1%

SINGAPORE shares finished Wednesday (Oct 18) lower, reversing gains from the day earlier. Read more at The Business Times. ( read original story ...)

Posted on 18/10/2023

Singapore to scrutinise Credit Suisse, others amid massive money laundering probe

The Swiss lender is among the banks that the Monetary Authority of Singapore plans to inspect after they were found to have relationships with alleged money launderers. ( read original story ...)

Posted on 18/10/2023

TODAY Youth Survey: 78pc of Singapore youth aspire to own private homes as ‘life goal’; experts say financial realities will temper expectations

For Shuhadah, upgrading from a Housing & Development Board (HDB) flat to owning a private property is a goal she would like to achieve at some point in ... ( read original story ...)

Posted on 18/10/2023

IMF Says China Property Slowdown Will Weigh on Asia’s Growth

Growth in Asia and the Pacific, however, is expected to slow to 4.2% next year. The IMF expects it to further moderate to 3.9% in the medium-term -- the lowest in the past two decades except for 2020 ... ( read original story ...)

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