Moody's lowers Singapore banks outlook to negative
Credit ratings agency Moody's Investors Service has downgraded the outlook on the largest banks in the republic from stable to negative.
Continue Reading • 31 Mar 2016
Do oil prices affect property prices?
Oil prices are constantly in the headlines. While other countries have seen costs of fuel and petroleum-based products go down, costs in Singapore remain high. Alfred Chia explains how oil prices and property prices are connected.
Continue Reading • 24 Mar 2016
Economists cut growth forecast for Singapore economy to 1.9%
Economists polled by the Monetary Authority of Singapore (MAS) are cutting down their growth forecast for the economy for 2016 from 2.2 percent to 1.9 percent, the central bank's latest quarterly survey revealed Wednesday (16 March).
Continue Reading • 16 Mar 2016
REDAS names new chief
Keppel Land group’s former General Manager, Joseph Tan Tai Chiew, will become CEO of the Real Estate Developers’ Association of Singapore (REDAS) on 1 May...
Continue Reading • 16 Mar 2016
High-ranking civil servant joins CoAssets
Colonel Lawrence Lim Teng Chye, Singapore’s Ex-Chief of Artillery, is set to join CoAssets as Chief Operating Officer. The crowdfunding company is also looking to expand into Australia...
Continue Reading • 15 Mar 2016
Temasek overtakes GIC as Singapore's biggest property firm
Temasek Holdings has been named the biggest real estate firm in Singapore, with total assets under management at US$39.9 billion, according to the latest Estates Gazette ranking...
Continue Reading • 15 Mar 2016
MAS, China central bank renew bilateral currency swap arrangement
The Monetary Authority of Singapore (MAS), and the People's Bank of China (PBOC) on Tuesday (15 March) announced the renewal of the existing bilateral currency swap arrangement (BCSA) for another three years.
Continue Reading • 15 Mar 2016
JLL remains top in the region, data shows
For the fifth year in a row, JLL has been named the top real estate investment advisory firm in the Asia Pacific region, based on Real Capital Analytics data...
Continue Reading • 14 Mar 2016
S’pore still the world’s most expensive city
Singapore has retained its status as the world’s most expensive city for a third consecutive year. However, its lead over the next two cities, Zurich and Hong Kong, has narrowed...
Continue Reading • 10 Mar 2016
S’pore named best city for young professionals
Singapore was named the world’s best city for young people, in terms of employment and entrepreneurship opportunities, according to a study conducted by The Economist Intelligence Unit.
Continue Reading • 9 Mar 2016
Singapore's richest property developers are now poorer: Forbes
Forbes has just released its 2016 ranking of the world’s richest people, with 17 billionaires from Singapore making it on the prestigious list. Property developers are among the wealthiest...
Continue Reading • 3 Mar 2016
JLL hires new Singapore research head
JLL has appointed Tay Huey Ying as its new Head of Research for Singapore, effective immediately. The change comes amid the firm's significant growth in Southeast Asia...
Continue Reading • 1 Mar 2016
Median household income on the rise
Singapore’s median monthly household income from work rose to $8,666 in 2015 from $8,292 in the previous year, revealed data published by SingStat...
Continue Reading • 29 Feb 2016
UOB suing over inflated housing loans
Singapore’s High Court has allowed United Overseas Bank (UOB) to proceed with legal action against multiple parties over inflated loans for 38 units at a Sentosa condo...
Continue Reading • 29 Feb 2016
UOL reports 43% profit drop, no condo launches in 2016
Singapore-listed UOL Group, a major player in the local property market, reported a 43 percent slump in net profit to $391.4 million for the 2015 financial year...
Continue Reading • 26 Feb 2016
S’pore still top city for Asian expats, but haze worries persist
The city-state scored highly in several categories, like housing, personal security as well as diversity in culture and language, revealed the latest report from ECA International...
Continue Reading • 26 Feb 2016
Ho Bee suffers $34.7m impairment loss from Sentosa condo stake
The Singapore-listed property developer reported a 23 percent slump in full-year net profit to $242.2 million from 2014. The group foresees a challenging year ahead...
Continue Reading • 25 Feb 2016
CDL posts record profit
Despite challenging market conditions, Singapore-listed City Developments Limited (CDL) posted a record net profit of $410.5 million for Q4 2015...
Continue Reading • 25 Feb 2016
S’pore still top for safety, quality of life in Asia
Singapore has retained its position as the safest Asian city, and for offering the best quality of life within the region, according to Mercer’s latest survey...
Continue Reading • 24 Feb 2016
Pound hits 2.5-year low against the Sing dollar
The pound sterling dropped to a fresh low against the Singapore dollar on Monday, after a prominent politician announced his support for Britain to leave the EU...
Continue Reading • 23 Feb 2016