Hong Kong’s luxury home rents rose 1 per cent in the third quarter from the previous three-month period, while Singapore’s slipped by 1.7 per cent, highlighting the contrasting fortunes of Asia’s ... ( read original story ...)
Maid withdrew S$88,600 from bank account of employer’s 95-year-old father, gets jail
SINGAPORE — Over about six months, a maid withdrew a total of S$88,600 from her employer's 95-year-old father's bank account, taking care not to trigger the bank's automatic alert for large ... ( read original story ...)
Stocks to watch: Genting Singapore, Sembcorp, MLT, Sats, Frasers Property
THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 14): Read more at The Business Times. ( read original story ...)
2.4 tonnes of seafood found on landed property illegally used for processing and storage
Approximately 2.4 tonnes of seafood items, such as batang fish, red grouper fish and prawns, were seized from a landed residential property at 9 Toh Avenue. Read more at stomp.straitstimes.com ... ( read original story ...)
Singapore Developer Frasers’ Profit Slumps on Global Downturn
Singapore developer Frasers Property Ltd. reported a significant drop in full-year profit as higher interest rates prompted fair value losses on commercial properties in the UK, Australia and Europe. ( read original story ...)
Frasers Property sinks into red with H2 net loss of S$74 million
Loss per share for the half-year period stood at 1.9 Singapore cents, compared to earnings per share of 18.9 cents over the same period a year earlier. For the full year, Frasers Property saw its net ... ( read original story ...)
Property agent gets jail and fine for drunken behaviour, kicking police officer
Rochelle Chow Shuting's lawyers claimed she was trying to pick up her phone with her leg. They later said she was lifting the leg to regain balance. ( read original story ...)
Ex-Blackstone veteran eyes Singapore mortgages
Former Blackstone Inc executive Kishore Moorjani has started a digital platform in Singapore selling pools of home loans to asset managers and financial firms seeking to bolster local currency ... ( read original story ...)
Singapore’s bank OCBC raises 2023 target, third-quarter net profit beats forecast
SINGAPORE: Singapore's second largest bank Oversea-Chinese Banking Corp (OCBC) raised its targeted 2023 net interest margin, a key profitability gauge, after posting on Friday a better-than-expected ... ( read original story ...)
Singapore’s Keppel cuts China property focus in strategic refresh
TOKYO -- Singaporean asset manager Keppel is pushing ahead with a "refreshed China strategy" that will increase its focus on sustainable projects while cutting its reliance on the mainland's troubled ... ( read original story ...)
Singapore’s homeownership rate is 80%. Could an innovative solution there work in Hawaii?
Hawaii lawmakers and housing advocates hungry for new solutions are looking to the Southeast Asian city-state for some potential answers. ( read original story ...)
Ex-Blackstone credit veteran targets Singapore mortgage market
The firm has US$10 million in seed money from backers including New Enterprise Associates, Openspace Ventures and Singapore Economic Development Board Investment. The digital platform will source ... ( read original story ...)
Owner listings outperform mortgage listings in Singapore for tenth consecutive quarter
According to Knight Frank, this is the tenth consecutive quarter when owner sale listings surpassed mortgagee sale listings (29), with the exception of Q1 2022. Here’s more from Knight Frank: However ... ( read original story ...)
SG commercial property investment volume cut by more than half in 3Q
Singapore was amongst the markets in Asia Pacific (APAC) with the lowest commercial property investment volume recorded in 3Q23, data from MSCI Real Assets showed. According to the report, deal ... ( read original story ...)
Singapore auction listings increase by 24.4% to 102 in Q3
Almost half of the listings were from the residential sector. According to a recent Knight Frank report, Singapore’s auction listings rose 24.4% q-o-q to 102 (including repeat listings and excluding ... ( read original story ...)
Woman owing HDB over $100K mortgage arrears faces eviction
SINGAPORE: The courts have rejected a woman’s lawsuit against the Housing Development Board (HDB) for... The post Woman owing HDB over $100K mortgage arrears faces eviction appeared first on The Indep ... ( read original story ...)