SingHaiyi recorded lower revenue
SingHaiyi Group Ltd reported a net profit of $1.9 million and $2.9 million for Q2 2015 and H1 2015 ended 30 September 2014.
Continue Reading • 11 Nov 2014
Strong performance from Chip Eng Seng's property arm
Revenue from Chip Eng Seng's Property Developments division leaped from $21.8 million in Q3 2013 to $313.8 million in Q3 2014, following the completion of the DBSS project Belvia in August.
Continue Reading • 11 Nov 2014
CDL received Heritage Tree dedication
The National Parks Board (NParks) dedicated three Heritage Trees in the Singapore Botanic Gardens (SBG) to City Developments Limited (CDL), Sembcorp Industries Ltd (Sembcorp) and Singapore Press Holdings (SPH).
Continue Reading • 10 Nov 2014
CapitaLand's revenue down 4.3% in Q3
CapitaLand Limited's group revenue slipped 4.3 percent to $918.9 million in Q3 2014, from $960.1 million in Q3 2013, with Singapore and China accounting for 75.7 percent of revenue.
Continue Reading • 10 Nov 2014
4% rate cap not feasible: moneylenders
While licensed moneylenders in Singapore admit there is a need to cap loan interest rates, they argue the four percent monthly rate put forward by an advisory committee is rather unreasonable.
Continue Reading • 7 Nov 2014
Several MCL Land projects fully pre-sold
Three condominiums by MCL Land are 100 percent pre-sold; Uber 388, Terrasse, and Ripple Bay.
Continue Reading • 6 Nov 2014
PropertyGuru takes hassle out of property search
SmartSelect enables a smarter home search by crunching market data and unique user preferences into a single property score...
Continue Reading • 6 Nov 2014
DTZ sold to consortium
DTZ is now an independent, privately-owned global property services company, after it closed its sale to the private investment consortium of TPG Capital (TPG), PAG Asia Capital (PAG) and Ontario Teachers’ Pension Plan (the TPG & PAG Consortium).
Continue Reading • 6 Nov 2014
Roxy-Pacific records revenue growth
Roxy-Pacific Holdings Limited registered a 25 percent increase in revenue to $249.2 million for 9M 2014, from $199.4 million in 9M2013.
Continue Reading • 6 Nov 2014
OUE's net profit up by 23% in Q3 2014
OUE Limited posted a 23.1 posted an increase in net attributable profit to $16.5 million for Q3 2014.
Continue Reading • 5 Nov 2014
Singapore's poorest households are overspending
The average expenditure of the poorest 10 percent of households in Singapore was $1,844 a month, $801 more than their average monthly income of $1,043...
Continue Reading • 5 Nov 2014
Colliers boosts investment services team
Three partners at Land Empire join Colliers International as of today in its investment services team.
Continue Reading • 4 Nov 2014
Chip Eng Seng wins $232.8m HDB contract
Chip Eng Seng Corporation, via its wholly owned subsidiary Chip Eng Seng Contractors, has won a $232.8 million contract from the HDB.
Continue Reading • 4 Nov 2014
Dispute on development charges for KTM land resolved
M+S Pte Ltd will not have to pay development charges on three parcels of land formerly occupied by Malayan Railways (KTM) in Singapore.
Continue Reading • 3 Nov 2014
Singapore tops ease of business ranking again
Singapore continues to be the economy with the most business-friendly regulations, according to the World Bank's annual Doing Business survey.
Continue Reading • 3 Nov 2014
CapitaLand bags five awards
Property giant CapitaLand has won five awards at the Securities Investors Association Singapore (SIAS) 15th Investors’ Choice Awards...
Continue Reading • 3 Nov 2014
Bank lending in Singapore flat in September
Total bank lending in Singapore remained flat in September from August, recent data from the Monetary Authority of Singapore (MAS) revealed Friday (31 October). According to the central bank, loans and advances by domestic banking units in the city-state amounted to S$604.5 billion ($473.2...
Continue Reading • 31 Oct 2014
Diversifying not enough to plug CDL's decline in S'pore: Barclays
Despite stepping up its overseas expansions and investments, City Development Limited (CDL)’s diversification strategy will unlikely plug the decline in its core Singapore market in the near term, said Barclays.
Continue Reading • 31 Oct 2014
Construction firm, director fined for not declaring GST on property sale
Junling Construction & Engineering, and its director, Cheah Wai Fun, were each ordered to pay the penalty of $191,268 and a fine of $2,000 for failure to account GST on a property sale.
Continue Reading • 30 Oct 2014
JLL reshuffles Singapore Capital Markets team
JLL Singapore Capital Markets business will see some senior director changes as of 1 November 2014.
Continue Reading • 28 Oct 2014