Oxley acquires Chevron House, property developer Centra Cove

as well as Singapore property developer and investment holding company Centra Cove for a cash consideration of US$12 million (S$16.2 million). Deka Singapore A Pte Ltd has sold Chevron House, a 32-storey commercial development with 27 levels of office ... ( read original story ...)

Asia’s Top Inflation-Targeting Bank May Be Preparing to Hike

an economist at DBS Group Holdings Ltd. in Singapore who predicts a rate increase this week. “Given the expansionary fiscal policy and strong investment growth, a rate hike is probably warranted to prevent overheating risks.” The central bank adopted ... ( read original story ...)

Chinese co-working space operator opens second Singapore outlet

The company signed a memorandum of understanding with trade agency IE Singapore and property giant CapitaLand last December to help Singapore firms break into the China market by offering co-working spaces as well as business advisory services. South-east ... ( read original story ...)

Property agents battle with the lure of earning easy money

With the growing demand for short-term accommodations, property agents in Singapore contend with the constant struggle of fending off temptations of earning additional income by listing and managing vacant rooms or units on Airbnb. A property agent who ... ( read original story ...)

SingHaiyi takes stake in Cromwell Property Group

SINGAPORE - Mainboard-listed real estate group SingHaiyi has, in conjunction with Haiyi Holdings, subscribed for about 175.1 million units of stapled securities, or a 9.9 per cent stake, in Australia-listed Cromwell Property Group for A$169.6 million (S$ ... ( read original story ...)