The firm reported a $168.4m net profit in the first half (H1) of 2023. As the hospitality sector continues to recover, Singapore Land’s net profit attributable to equity holders of the company (PATMI) ... ( read original story ...)
Frasers Property sees macroeconomic challenges hitting Thai residential sales
“Without debt restructuring measures, household debt is predicted to remain at around 84 per cent of GDP by 2027, posing risks to household consumption and economic recovery,” it said, adding that the ... ( read original story ...)
Frasers Property posts ‘steady’ operational performance in Singapore
Its commercial portfolio occupancy grew for the fifth consecutive quarter. Frasers Property reported a “steady” operational performance in its Singapore assets in the nine months of the financial year ... ( read original story ...)
Property resale market stabilising, may have peaked: PropertyGuru report
SINGAPORE: The market for Housing and Development Board (HDB) resale flats may have peaked, with slowing price growth and dipping demand, according to a PropertyGuru report on Monday (Aug 7). Data als ... ( read original story ...)
Rent In Singapore: How Much To A Room Or Whole Unit in Singapore (2023)
With the wait for a BTO flat seemingly ever increasing, many newlyweds or couples might look towards renting in the meantime. Sure, renting might be an expensive sinkhole where your money goes towards ... ( read original story ...)
With Singapore rail link on the way, Johor Bahru properties in hot demand
KUALA LUMPUR] The number of property transactions in Johor Bahru – the southernmost city in Malaysia – is on the rise, as buyers hunt for deals ahead of the opening of a new railway shuttle link with ... ( read original story ...)
Singapore commits $112M to support fintech solutions like Web3
The Monetary Authority of Singapore also highlighted that the new scheme will continue to support the adoption of artificial intelligence and data analytics. ( read original story ...)
Singapore Property Market Report Q3 2023
Leveraging data from sale and rental residential property listings on PropertyGuru Singapore, the Singapore Property Market Report Q3 2023 offers meaningful insights into the price, supply and demand ... ( read original story ...)
Singapore’s 2023 property investment volumes to fall short of last year’s totals
Investments totalled $32.1b in 2022. As interest rates approach their peak, investment volumes in Singapore could start to pick up in H2 2023 though this year’s overall tally will likely end lower as ... ( read original story ...)
Rajah & Tann Launches Tech Platform for Property Developers’ AML Compliance
According to the firm, a customer due diligence report would now require a scan that takes just seconds to complete the necessary background checks on a prospective purchaser. ( read original story ...)
Property auction market’s sales value drops to its lowest level since 1H20
Sales value clocked in at $15.2m. Despite successfully hammering 11 properties, Singapore’s property auction market still recorded a 59.7% HoH lower sales value in 1H23. Of the total properties sold ... ( read original story ...)
Singapore’s rental price growth slows in Q2, easing affordability concerns
Singapore's rental price growth slowed in Q2, with an index of private residential prices rising 2.8% from the previous three months. ( read original story ...)
Property cooling measures freezes foreign buyers activity
property analysts said. Additionally, Singapore Residents and Permanent Residents were ‘encouraged’ by the cooling measures introduced in April to prioritise buying for occupancy or risk higher rates. ( read original story ...)
Singaporeans hold 2nd most valuable property portfolio in England and Wales
The value of Singapore nationals’’ property portfolio is £7.2b. Amongst all foreign nationals, Singaporeans had the second most valuable property portfolio across England and Wales, data from Benham ... ( read original story ...)
Coliwoo opens River Valley property, its 14th in Singapore
LHN states that it is looking to expand its presence in locations with existing Coliwoo properties, such as Balestier Road and Lavender Street, as well as new acquisitions along Arab Street and Pasir ... ( read original story ...)
CapitaLand Ascendas REIT’s net property income rises 6.7% YoY to $508.8m in 1H23
The REIT attributed the increase to “robust operational performance.” Robust operational performance and high portfolio occupancy boosted CapitaLand Ascendas REIT’s (CLAR) net property income to $508. ( read original story ...)