Finance Latest News

The government plans to amend the State Lands Act so that land owners of commercial and residential Singapore properties can only to develop their underground space up to a depth of 30 metres.

Continue Reading • 13 Feb 2015

Police have arrested nine people for Cheating by Personation by claiming they are from HDB, Town Councils or other government agencies in order to secure business for renovation works for Singapore properties.

Continue Reading • 13 Feb 2015

Savills has hired a leading tenant representation team who were all formerly from Colliers International Singapore, in a bid to dominate tenant representation business and leasing of commercial Singapore properties.

Continue Reading • 12 Feb 2015

Colliers International appoints its new CEO of Asia Pacific, David Hand, who spent 18 years at JLL.

Continue Reading • 12 Feb 2015

KSH Holdings saw its net profit increase to $11.4 million, and most of the group's Singapore properties launched were sold at prices that are within or better than expectations.

Continue Reading • 12 Feb 2015

Fragrance Group's net profit dropped to $79.7 million, and progressive recognition of income from some of its Singapore properties contributed to its revenue.

Continue Reading • 12 Feb 2015

Kwek Leng Beng honoured with SG50 Outstanding Chinese Pioneers Award...

Continue Reading • 12 Feb 2015

More bad debts are expected to show up if Singapore's economy continues to slow, according to DBS Group Holdings CEO Piyush Gupta, who also said pressure on the Singapore property sector is also expected to continue.

Continue Reading • 11 Feb 2015

Commercial enterprises and public agencies can soon create and test-bed smart city innovations, which may leave an impact on some Singapore properties in the long haul.

Continue Reading • 11 Feb 2015

KOP Limited's profit after tax rose to $39.2 million in Q3 2015, largely contributed from the gain realized on divesting the entire 39.9 percent stake a Singapore property following the redemption of the 2013 junior notes.

Continue Reading • 10 Feb 2015

Hiap Hoe Limited has released a profit guidance in view of an anticipated loss for Q4 2014 due to qualifying certificate extension charges for a Singapore property, and agent sales commissions for an overseas property.

Continue Reading • 10 Feb 2015

Last week’s decision by the Australian Reserve Bank to trim interest rates by 25 basis points will provide some incentives for first homebuyers and investors in regional Australia, according to one real estate group.

Continue Reading • 9 Feb 2015

Ascendas has rewarded 60 real estate agents with a record payout of about S$1.63 million under the Ascendas Partner Rewards programme last week. This is the highest payout since the programme started in 2005. The first-of-its-kind rewards programme in Singapore’s real estate industry saw a...

Continue Reading • 6 Feb 2015

The Urban Redevelopment Authority is looking for more opportunities to develop underground space, URA's Chief Planner and Deputy CEO Lim Eng Hwee said in a media interview.

Continue Reading • 6 Feb 2015

The new REDAS president looks forward to a strong partnership with the government to build a stable and healthy Singapore property market.

Continue Reading • 6 Feb 2015

Sakae Holdings is looking at establishing an asset management business, given the progress in its corporate advisory business, as it gives Sakae access to companies with significant growth and promising strength.

Continue Reading • 6 Feb 2015

Global property adviser Savills has established an Office Services and Occupier Representation capability, as part of its expansion of its Jakarta based business.

Continue Reading • 6 Feb 2015

JLL announced its global revenue for Q4 2014 rose to nearly US$1.75 billion from about US$1.5 billion a year ago.

Continue Reading • 5 Feb 2015

97 buildings of 200 metres or higher were completed in 2014, according to the Council on Tall Buildings and Urban Habitat, and one of them is a Singapore property by Far East Organization.

Continue Reading • 4 Feb 2015

The parent company of the firm which recently made headlines due to its plans to build a Chinese temple with columbarium services near Sengkang properties said the tender process for the site was transparent and open.

Continue Reading • 4 Feb 2015