Rents in prime residential areas increased the most in Singapore, Lisbon and Berlin in the first half of the year, according to a report by Savills.
Singapore, Lisbon Top Global Rental Growth as Foreigners Flock
Lisbon, which topped the list with rental growth of 13.9%, has seen an influx of foreigners who tapped Portugal’s golden visa program during the pandemic. In Singapore, surging rents have become a political issue after fueling discontent among locals and expats alike.
Singapore-based Keppel’s private funds acquire $1.1b Seoul office tower
Singapore-headquartered Keppel Corporation’s private funds have closed a 1.4 trillion won ($1.1 billion) acquisition of the Bank of Korea’s office building in Seoul, South Korea.
Singapore says foreigners need approval to buy mixed commercial and residential properties, land
The government made changes to the Residential Property Act to ‘safeguard residential land for Singaporeans’ Mixed commercial and residential developments were previously part of the list of land use ... ( read original story ...)
Americans oust Chinese as Singapore’s top homebuyers
SINGAPORE: Americans replaced Chinese as the top foreign buyers of private apartments in Singapore, according to OrangeTee & Tie. Mainland Chinese have been the largest foreign buyer group in the ... ( read original story ...)
Ong Beng Seng: A Look At The Net Worth Of The Singaporean Billionaire
One of the most famous businesspersons in Southeast Asia, Ong Beng Seng of Singapore built his billion-dollar net worth by owning some of the world’s most famous hotels through his company Hotel ...
Citi ‘warming up to OCBC’ over DBS ahead of 1HFY2023 results, expects 40 cents DPS
UOB is set to announce its results for 1HFY2023 ended June on July 27, while DBS will do the same on Aug 3 and OCBC on Aug 4.
Singapore woman loses S$199,996 in deceptive shopping app scam
A 56-year-old woman in Singapore fell prey to an online scam involving a deceptive "shopping app", losing S$199,996. After reporting the incident, she was later contacted by an alleged "investigator ...
Singapore rocked by rare political scandals
Singapore, known for its political stability, has been rocked by a string of rare political scandals. Last week, a senior minister was arrested in a graft probe, the first in four decades to be ...
Americans Unseat Chinese as Top Foreign Homebuyers in Singapore
Americans replaced Chinese as the top foreign buyers of private apartments in Singapore, according to OrangeTee & Tie.
Old Singapore video resurfaced with false claim it shows ‘assault in China’
A video of a man hitting another person has been shared hundreds of times in Chinese-language social media posts that falsely claim it shows a "black man assaulting a Chinese man" on a subway train in ...
Commentary: What could happen if Singapore’s Presidential Election ends up a three-cornered fight
Former GIC chief investment officer Ng Kok Song’s intention to run for the Singapore presidency, with Tharman Shanmugaratnam and George Goh already in the mix, presents an interesting dynamic, says ...
Singapore’s passport dethrones Japan as world’s most powerful
According to Henley Passport Index, Singaporeans can travel to 192 out of 227 travel destinations in the world without a visa.
Marvell founders launch $2 bln chips foundry in Singapore
Singapore-based Silicon Box opened a $2 billion advanced semiconductor manufacturing foundry in the city-state on Thursday, as it seeks to broaden adoption of "chiplet" technology.
Foreigners need approval to buy mixed commercial and residential properties, land in Singapore
Foreigners looking to buy property or land currently zoned for mixed commercial and residential use will be required to seek government approval from Thursday (July 20). ( read original story ...)
Singapore’s recent political scandals do not represent political upheavals: OCBC
Despite recent political scandals, Vasu Menon from OCBC Bank says Singapore is "still a good bet", and is sticking to a positive position on the country's economy and markets.