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 Reading • 13 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 Reading • 13 Nov 2014
49,700 new homes expected in 2015: OCBC
About 49,700 new homes expected to enter the market by FY2015, following FY2014's 50,000 new completions, and the figure is expected to increase to 73,600 by FY2016.
Continue Reading • 13 Nov 2014
HDB should set sale price caps for all homes: expert
HDB should evolve from its present role as a housing developer and focus on being a master land developer and regulator of residential prices, urged Ho Kwon Ping.
Continue Reading • 13 Nov 2014
Declining private OCR rents may affect HDB market
Declining rents for private homes in the Outside Central Region may have a spillover effect on the HDB rental market, as some tenants may consider moving to private condominiums, said OrangeTee.
Continue Reading • 13 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 Reading • 13 Nov 2014
More Asians buying Scottish property
In the first six months of 2014, more than £20 million of prime Scottish homes were picked up by South East Asian buyers, revealed Savills Research.
Continue Reading • 13 Nov 2014
Property: Invest with aplomb
Singapore is no stranger to investments in both residential and commercial property. But what about hotels? We delve into the world of hotel investment with Singapore-based Castlewood Group to find out more
Continue Reading • 13 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 Reading • 12 Nov 2014
Committee outlines ideas for Jurong Lake District
The possibility of the High-Speed Rail (HRS) terminus being sited within the district were among the issues discussed at the first Jurong Lake District Steering Committee meeting yesterday evening.
Continue Reading • 12 Nov 2014
S'pore eyes 200 hectares of skyrise greenery
More than 61 hectares of buildings exteriors in Singapore were planted with greenery last year, surpassing the original target of 50 hectares for 2030.
Continue Reading • 12 Nov 2014
Jurong land plot to attract large developers
Singapore's largest property developers are preparing for a bidding war over a lucrative land plot across the street from Jurong Lake Park.
Continue Reading • 12 Nov 2014
Former Bottle Tree Park to host nature learning facility
Nature will continue to reign at the former Bottle Tree Park in Yishun as a community learning facility, Kampung Kampus, will be built there.
Continue Reading • 12 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 Reading • 12 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 Reading • 12 Nov 2014
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
HDB receives over 600 requests for extension
645 HDB flat sellers have requested for a temporary extension of stay in their old flats as at end October.
Continue Reading • 11 Nov 2014
Landed segment feels the pinch of property curbs
The landed homes segment is bearing the brunt of the government's property cooling measures compared to the non-landed sector.
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
Eye on Kovan: Rising star of the northeast
Located in Hougang, Kovan tends to be slightly under the radar but that is set to change with a number of upcoming developments.
Continue Reading • 11 Nov 2014