SINGAPORE — A property consultancy has offered its view that private residential developments catering to seniors, akin to the community homes in the United States, may be something that Singapore need. Edmund Tie & Company said in a report on Monday ... ( read original story ...)
Singapore shares fall as lenders drag; StarHub earnings in focus
Singapore stocks fell on Thursday, dragged lower by lenders such as DBS and OCBC Bank amidst caution ahead of a U.S. tax bill from Republicans later in the day. The plan is said to include $6 trillion in tax cuts over 10 years but is unlikely to define how ... ( read original story ...)
Singapore September bank lending up 1 pct
SINGAPORE, Oct 31 (Reuters) - Singapore’s total bank lending in September rose 1 percent from August on the back of higher disbursements to financial institutions, central bank data showed on Tuesday. Loans and advances by domestic banking units in the ... ( read original story ...)
Bank lending climbs for 12th straight month in September as growth picks up to 6.2%
SINGAPORE - Bank loans rose year on year for the 12th straight month in September with the pace of growth picking up on a jump in business lending. Total lending last month rose to S$640.68 billion, up 6.2 per cent compared with S$603.43 billion in ... ( read original story ...)
The 7 deadly sins of Singapore property buyers
I was recently invited to speak at the Investors Exchange organised by BIGScribe – a half-day seminar offering retail investors useful investment advice and concepts from successful investors. For the purpose of this piece, I could have chosen the title ... ( read original story ...)
Rosier outlook for Singapore economy
the Monetary Authority of Singapore (MAS) said. While pockets of weakness remain in some sectors, growth is broadening beyond trade-related industries, with economic expansion expected to remain steady in the coming year, the central bank noted in its ... ( read original story ...)
Tough, but not impossible to retire happy in Singapore
Singaporean property consultant Mr Kamal (not his real name) works in Malaysia and shuttles between Kuala Lumpur and Singapore every month to care for his elderly mother who lives alone in a flat in Jurong. Life is tough for the 41-year-old who feels that ... ( read original story ...)
Eye on Bedok: Singapore’s most populous neighbourhood
Tay Huey Ying, head of research at JLL Singapore, identifies Seaside Residences and Grandeur Park Residences as the two most recent property launches in the area. Both are 99-year leasehold condominium projects, with the 841-unit Seaside Residences having ... ( read original story ...)
Developers worry upturn in Singapore property market may trigger more cooling measures
Developers have grown more optimistic about the current and future state of the Singapore property market, but worry about the Government introducing more cooling measures. The Real Estate Sentiment Index (Resi), jointly developed by the Real Estate ... ( read original story ...)
CDL leads S’pore property industry in sustainability
(Photo: Christopher Chitty) City Developments Limited (CDL) announced on Tuesday (24 October) that it was named as Singapore’s highest scoring property firm in CDP’s latest rankings for climate change response. The home-grown developer received a score ... ( read original story ...)
Singapore home prices picking up as government eases restrictions
SINGAPORE -- Singapore's home prices are rising, thanks to the government's recent easing of restrictions put in place years ago to curb soaring property prices. With home sales increasing significantly, property developers are looking for more land while ... ( read original story ...)
Mongolian developers join elite list of PropertyGuru Asia Property Awards contenders
Five companies from Mongolia have made the elite shortlist of the annual PropertyGuru Asia Property Awards, the region’s biggest and most respected real estate awards programme, which takes place in Singapore this November. In association with MGL ... ( read original story ...)
Mapletree Commercial Trust DPU up 9.3% to 2.24 Singapore cents in Q2
Gross revenue rose 21.7 per cent to S$107.2 million, while net property income jumped 23.4 per cent to S$84.4 million. Earnings per unit was 2.14 Singapore cents, up from 1.94 Singapore cents a year earlier. Net asset value per unit was S$1.37 as at Sept ... ( read original story ...)
Cambodia and Singapore strengthen their ties
Cambodia has asked Singapore to consider importing agricultural products such as rice, pepper and mangoes, to welcome more migrant workers from Cambodia and to cooperate on the illicit trade of cultural property. Both sides also expressed their ... ( read original story ...)
Chart of the Day: Singapore’s home prices fell with slow GDP growth
Historically, Singapore's private home prices have a strong correlation ... in tandem with higher GDP growth expectations of 2.7% in 2017 and 2.9% in 2018. "With property cooling measures still in place, and all else constant, we are unlikely to see ... ( read original story ...)
Keppel-KBS US REIT Seeks to Raise $448 Million in Singapore IPO
Units of Manulife U.S. REIT, which is backed by office buildings in Los Angeles and Atlanta, have risen about 9.6 percent in Singapore since its IPO last year. Cromwell Property Group last month shelved the listing of a property trust that was set ... ( read original story ...)