Last year was a bizarre, and exciting, year for the property market. It’s amazing how quickly the market went from euphoric to paranoid, after a bout of cooling measures. Given the big changes we saw, ... ( read original story ...)
Manulife puts Singapore real-estate IPO on hold
The $420 million IPO of a real estate investment trust in Singapore has been put on hold by Canadian bank and mortgage lender Manulife Financial due to weakness in global markets. As Asian stocks fell ... ( read original story ...)
City Developments: Only Singapore property group listed on Gender-Equality Index for two years running
Singapore property giant City Developments Ltd (CDL) has been selected for the 2019 Bloomberg Gender-Equality Index (GEI). It was selected in recognition of its commitment to transparency in gender re... ( read original story ...)
Singapore home prices expected to show moderate 2% growth in 2019: Fitch
SINGAPORE (Jan 16): Singapore home prices are expected to show moderate growth of 2% in 2019 and 3% in 2020, according to Fitch Ratings in its 2019 Global Housing and Mortgage Outlook report. Last Jul... ( read original story ...)
Property agents’ track records go online: here’s what to look for
You should take note of where a property agent closes deals. We know that size wise, Singapore’s the geographic equivalent of a pimple on an elephant’s back; but agents still need hyper-local knowledg... ( read original story ...)
Singapore shares are ‘cheap’ and ‘attractive’ — and major wealth managers say it’s time to buy
In 2019, Singapore's stock market could deliver attractive returns to investors, according to major investors such as UBS Global Wealth Management and Citi Private Bank. "It's very attractive and that ... ( read original story ...)
Singapore: Power bank explodes in man’s pocket, taken to hospital for burns
A middle-aged man was taken to the hospital on Friday after a power bank exploded in his trousers' pocket that caused burns on his body. As per the Singapore Civil Defence Force (SCDF), they reach the ... ( read original story ...)
Singapore’s CapitaLand in $8 bn deal creating Asia property giant
Singapore's CapitaLand said Monday it has agreed to buy two real estate holding firms in a Sg$11 billion ($8.1 billion) deal that will create Asia's biggest property group with assets in dozens of cou... ( read original story ...)
CapitaLand to Pay Temasek $4.4 Billion for Property Assets
(Bloomberg) -- Singapore developer CapitaLand Ltd. agreed to buy two property units from state investor Temasek Holdings Pte. for S$6 billion ($4.4 billion) in a deal it said will create Asia’s larges... ( read original story ...)
Ascott Residence Trust (ART) upgraded to ‘buy’ by OCBC on ‘impressive’ sale of Raffles Place property
SINGAPORE (Jan 14): OCBC Investment Research is upgrading ... the research house was impressed that ART has managed to sell the property for $353.3 million, which is 64.3% above the valuation of $215 ... ( read original story ...)
Same-sex couples cast adrift in Singapore’s property market
Singapore can be excused for taking pride in its breakneck transformation from sleepy seaside port to fourth on the International Monetary Fund’s list of richest nations. This 50-year evolution can be ... ( read original story ...)
Singapore Property Market 2019: 5 Things You Need To Know
With the New Year now upon us, many are wondering what lies ahead in the coming months. In this article, we’ve rounded up 5 things you need to know about how the Singapore property market could pan ou... ( read original story ...)
Singapore bank revenues may rise 9% in 2019
Elon Musk in China to break ground for first Tesla factory outside U.S. Daily Briefing: Software bug reveals over 280 KrisFlyer members' details and travel history; developer Allgreen Properties previ... ( read original story ...)
Singapore banks’ earnings turnaround hit by steep funding costs
Also read: Singapore bank NIMs set to widen to 1.98% in 2020 Only DBS was able to report a constant improvement in customer loan spreads in 2018 to book a NIM of 1.86% in Q3 whilst its two peers strug... ( read original story ...)
5 Dangerous Ideas Singapore Property Investors Have
One problem with property investment is that, unless you’re very rich and a big-time investor, it’s hard to practice. It’s not like small time fiddling with stocks, where you can afford to make severa... ( read original story ...)
Singapore stocks with high yield, low expectations are what Credit Suisse prefers for the year
SINGAPORE (Jan 8): OCBC Bank is expecting Singapore office REITs to strengthen further in the near-term this year – and possibly, in the process, demand higher rents to bring about positive rental rev... ( read original story ...)