Property giants miss analysts’ profit estimates

SINGAPORE: Property giants City Developments Ltd (CDL) and CapitaLand Investment Ltd reported bigger-than-expected declines in full-year profits, after being battered by high interest rates and a ... ( read original story ...)

Lower property tax to benefit most private owners

With the adjustment in AV bands, Morgan Stanley expects a 20%-30% lower property tax in 2025. “Property taxes are calculated based on AVs – referring to estimated rents – with progressively higher tax ... ( read original story ...)