Finance Latest News

Get Daily Property News in Singapore, News Powered by Singapore PropertyGuru

S'pore's growth outlook in 2015 remains modest: MTI

The Ministry of Trade and Industry (MTI) said it expects the Singapore economy to grow by two to four percent in 2015.

Continue Reading28 Nov 2014

City Developments saves $21 million

City Developments Limited's sustainability efforts saw the property developer reap a total savings of US$16 million (S$21 million) in energy consumption from 2008 to 2011.

Continue Reading27 Nov 2014

Managing your mortgage can save money

Mortgage rates around the world vary considerably, and buyers are advised to look for ways to manage risk through a reliable regular payment programme, and look at forward purchasing currency when rates are favourable.

Continue Reading27 Nov 2014

Song family acquires Holland Park GCB for $30 million

The Song family, which controls Nanshan Group Singapore, has purchased a new Good Class Bungalow (GCB) in Holland Park from Frasers Centrepoint for $30 million.

Continue Reading26 Nov 2014

S'pore economy to grow by 3% in 2014: MTI

Singapore's economy is expected to grow by around three per cent in 2014, the Ministry of Trade and Industry (MTI) said today.

Continue Reading25 Nov 2014

Crowdfunding company delivers S$120,000

Possible regulations will "add to the credibility and vibrancy of the crowdfunding movement", according to the founder of one Southeast Asia company that has paid out more than $120,000 in the last 16 months.

Continue Reading25 Nov 2014

S'pore no longer second most inspiring city

Singapore took a tumble on the list of 50 Most Inspiring Cities in the World, down from number two last year to number 21 this year.

Continue Reading24 Nov 2014

Debt restructuring programme in the works

Credit Counselling Singapore plans to collaborate with the Moneylenders Association to create a debt restructuring programme for those who borrow from licensed moneylenders.

Continue Reading24 Nov 2014

Lafe Corp to sell 5 units at Emerald Hill

The wife of Lafe Corporation's Chairman plans to buy five residential units at Residences @ Emerald Hill, according to media reports.

Continue Reading21 Nov 2014

Record high number of UHNWIs in S'pore: report

40 people joined the list of Ultra High Net Worth individuals (UHNWIs) in Singapore in 2014, according to the Wealth-X and UBS World Ultra Wealth Report.

Continue Reading20 Nov 2014

Oxley overseas projects see steady take-ups

Oxley Holdings' overseas diversification effort is finally bearing fruit, with its projects in Cambodia and London witnessing steady take-up rates.

Continue Reading20 Nov 2014

Keppel Land clinches ASEAN business award

Keppel Land was named the Most Admired ASEAN Enterprise under the corporate excellence category (large size company).

Continue Reading14 Nov 2014

CDL posts 4.7% profit increase

City Developments (CDL) recorded net profits of $127.2 million for Q3 2014, marking a 4.7 percent increase.

Continue Reading14 Nov 2014

CapitaLand focuses on integrated, mixed-used projects in Asia

To drive earnings, CapitaLand focuses on building integrated and mixed-use projects, particularly in China.

Continue Reading14 Nov 2014

Lower profit recorded from BBR's property development arm

BBR's revenue for Q3 2014 increased 43 percent to $171.6 million from $120.2 million in Q3 2013, while net profit dropped 83 percent to $1.4 million.

Continue Reading13 Nov 2014

National Museum, CDL commission SG50 sculpture

City Developments Limited and the National Museum of Singapore have launched its first open call for the concept submission of a special SG50 commemorative public sculpture.

Continue Reading13 Nov 2014

Koh Brothers' property sales contributes to higher revenue

Koh Brothers recorded a 56 percent increase in net profit attributable to $23.3 million for M9 2014.

Continue Reading13 Nov 2014

PropertyGuru M'sia inks MOU with MIEA

PropertyGuru Malaysia and the Malaysian Institute of Estate Agents (MIEA) have inked a Memorandum of Understanding (MOU) to promote the need for Real Estate Agents and Negotiators (REN) to register themselves as certified agents.

Continue Reading12 Nov 2014

UOL profits up 10% in Q3

UOL Group Limited recorded a net attributable profit of $102.6 million for Q3 2014, up 10 percent from $93.5 million in the corresponding quarter last year.

Continue Reading12 Nov 2014

Property development doubles Sim Lian's earnings

Sim Lian Group has more than double net earnings to $71.66 million for the first quarter ended 30 September.

Continue Reading12 Nov 2014