Ong Beng Seng, a prominent property tycoon, pleaded guilty to obstructing justice in a significant corruption case in Singapore. He received judicial mercy due to a chronic illness. His case is linked ... ( read original story ...)
Singapore’s billionaire Kwek Leng Beng to expand CDL’s hotel count to 500 globally
Singaporean billionaire Kwek Leng Beng plans to expand his company City Developments Ltd’s hotel portfolio to 500 globally in the coming years as the recent boardroom feud cools. ( read original story ...)
CDL’s Kwek Leng Beng aims to treble the group’s hotel numbers to 500
SINGAPORE] If City Developments Ltd (CDL) executive chairman Kwek Leng Beng’s plans come to fruition, the group’s portfolio of hotels – including those under subsidiary Millennium Hotels & Resorts ... ( read original story ...)
$3b money laundering case: MinLaw names 6 law firms taken to task over involvement in property deals
Five lawyers have been referred to the Law Society for potential disciplinary action. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)
Singapore’s 60% Property Tax for Non-Citizens Is the World’s Highest
April 28, 2023 Singapore’s 60% Property Tax for Non-Citizens Is Now the Highest in the World Prospective homeowners should be prepared to fork out 60 percent for stamp duty. ( read original story ...)
Billion-dollar money laundering case: 4 law firms linked to seized properties named, 2 more identified and reprimanded
Five lawyers involved in the conveyancing of the seized real estate properties have also been referred to the Law Society for possible professional disciplinary action. ( read original story ...)
Singapore’s gravity-defying property prices hurt productivity …
SINGAPORE’S property market continues to defy gravity. Office rents climbed 3.1 per cent in the second quarter, according to data from the Urban Redevelopment Authority, even though the stock of ... ( read original story ...)
Hotel Properties looks to redevelop certain Singapore properties via possible joint ventures
Hotel Properties said on Tuesday that several parties have approached the company for the redevelopment of its Forum The Shopping Mall property and adjacent land, which includes the voco Orchard ... ( read original story ...)
9 Differences Between Investing In A Residential Property Vs A Commercial Property
Factors to consider include length of lease, GST, CPF, ABSD, Buyer Stamp Duty, Seller Stamp Duty, Property Tax, and Loan to Value ... ( read original story ...)
Square feet to street cred: PropertyGuru’s glow-up into a cultural powerhouse
We’re shaping a modern Proptech brand that reflects how Singaporeans live today, not just where they live. Our inclusion in this year’s Brand Finance Singapore 100 list is a proud milestone that ... ( read original story ...)
Home prices in Singapore jump ahead of curbs
SINGAPORE: Singapore private home prices rose more than estimated in the second quarter (2Q25), just before new curbs were introduced, underscoring authorities' anxiety about a rekindling of the ... ( read original story ...)
Singapore Property Index Surges, Boosting Market Hopes
This unexpected rise in the URA Property Index could have positive implications for the stock market, particularly for real estate and construction-related stocks. Investors might ... ( read original story ...)
Singapore Developers’ Stocks Mostly Higher After Private Home Prices Rise
Singapore property developers' shares are mostly higher after news that private home prices increased, though the outlook for the rest of the year remains murky. The city state's overall ... ( read original story ...)
Singapore’s Green Bus Company founding family lists $47M bungalow for sale
The family that founded Singapore’s renowned Green Bus Company has listed a bungalow for sale at SGD60 million (US$47 million) in a luxury area with low population. ( read original story ...)
Las Vegas Sands’ $8B Singapore resort project breaks ground
Las Vegas Sands began work on an $8 billion expansion of its flagship Marina Bay Sands resort in Singapore, the latest big-ticket move by the Adelson family. ( read original story ...)
Singapore property investment sales fall for third straight quarter in Q2
Investment sales declined by 6.8% to S$5.47b during the quarter. Singapore’s real estate investment sales declined for a third consecutive quarter according to data from Savills, falling 6.8% QoQ from ... ( read original story ...)