But some market players are optimistic foreign capital will return to the luxury residential sector here. Read more at straitstimes.com. ( read original story ...)
Economists Upgrade Singapore 2024 Growth Forecast, Central Bank Survey Shows
The median forecast of 21 economists surveyed by the Monetary Authority of Singapore (MAS) is for the economy to grow 2.6% this year, up from a forecast of 2.4% in surveys done in March and June. They ... ( read original story ...)
Singapore property market listed as one of the world’s most transparent
Real estate transparency reflects the level of accountability, governance quality, and openness of a market, particularly its private real estate sector ... ( read original story ...)
Singapore shares open higher on Wednesday; STI up 0.4%
SINGAPORE shares began Wednesday (Sep 11) trading in positive territory, mirroring overnight gains in Wall Street. Read more at The Business Times. ( read original story ...)
Singapore’s record setting US$24 million office sale on Orchard Road signals investor interest
The purchase of the sixth story of the Tong Building, highlights investor interest in the city’s commercial property market despite economic headwinds. ( read original story ...)
Singapore VC firm raises start-up debt fund amid depressed valuations
The Singapore-based firm raised US$125 million (S$163 million) for the fund to finance young companies across South-east Asia, securing new investors including Japan’s Mizuho Bank and Israel’s ... ( read original story ...)
Singapore high-roller told to pay Australian casino RM113m after playing baccarat and leaving without paying
Singaporean Dr Wong Yew Choy has reportedly been ordered by an Australian court to repay A$38.7 million (RM112.8 million) to The Star Gold ... ( read original story ...)
Former Redhill Close Sers site could yield about 2,000 new flats: Property analysts
Alternatively, more than 2,600 condo units can fit on the former Singapore Improvement Trust housing site. Read more at straitstimes.com. ( read original story ...)
Ashurst Advises on 49% Stake in Singapore’s Elementum
Global law firm Ashurst advised the buyer of a 49% stake in Elementum from Singapore property developer Ho Bee Land, based on an agreed property value ... ( read original story ...)
Synpulse Supports Judo Bank in Achieving Rapid Go-Live on New Core Banking Platform
Synpulse, a global management consulting firm and partner to major banks, is proud to announce the successful go-live of Judo Bank's new core banking platform, powered by Thought Machine, a banking ... ( read original story ...)
Texel expands Singapore team with seasoned brokers
Both will report to Angela Chang, managing director. Texel Group, a specialist in credit and political risk insurance brokerage, announced the addition of Hélène Heas and Davis Ng as brokers in its ... ( read original story ...)
Dozens to face first charges under anti-scam laws criminalising sharing of Singpass, bank details
One person is accused of allowing a stranger to control their bank account, which was then used to launder more than S$300,000 of criminal proceeds. ( read original story ...)
Tepid take-up of new guidelines on property agent commissions
In November 2023, the Singapore Estate Agents Association (SEAA), an industry group, signed a pact with property agencies to adopt new guidelines, which call for buyer or rental agents to collect ... ( read original story ...)
Singapore jails five Gurkha officers involved in unlicensed cross-border money transfers, with one handling nearly S$2.9m
Five men from the Gurkha Contingent of the police force were sentenced to jail for providing or supporting unlicensed payment services Millions of dollars were remitted ... ( read original story ...)
Singapore Property Billionaire Plays The Long Game With Trophy Acquisitions
I seize opportunities when everybody is frightened,” declared Kwek Leng Beng, executive chairman of property firm City Developments at a media briefing in August. ( read original story ...)
Singapore can play a ‘very important’ role as a technology partner to India, says DBS Bank
Radhika Rao, senior economist and executive director at the Singapore bank, says India is in the "midst of a capex revival." ... ( read original story ...)