Singapore
MAS clamps down on delinquent credit card borrowers
Some holders have debts that exceed their annual income.
MAS clamps down on delinquent credit card borrowers
Some holders have debts that exceed their annual income.
How much do Singaporeans really need for retirement?
Half a million dollars might not be enough.
EC unit supply sharply slashed by 67.8% on back of rising vacancy rate
Only one EC site was launched for 1H15.
World’s wealthiest find safe haven in Singapore real estate
Find out where the rich are buying secondary homes.
Universal Terminal shelves $1b IPO
Due to uncertain market conditions.
Weakening buyer demand pushes primary private home sales to crash 50% in 3Q14
Home prices and sales likely to face continued headwinds.
Outdated HDB resale price index to be revised
The last revision was in 2004.
Sales at Wheelock’s Scotts Square residential towers remained stagnant with only 79% units sold
Management is focused on leasing unsold units.
Super Group struggles with shaky turnaround plan in 2015
The sales drought will continue well into the second half.
ComfortDelGro to profit from fare increase, higher ridership in 2015
It’s the only operator allowed to grow 1% in 1H15.
Ascott acquires 185-unit Jakarta serviced residence for $90m
It will also manage a new project in Vietnam.
GuocoLeisure launches four-star Amba brand
Amba Hotels will be Europe’s largest four-star brand with 2,088 rooms.
MND to offer land for up to 8,770 private homes in 1H15
These sites are in the RCR and the OCR.
Higher COE premiums yesterday resulted in 70% successful bids
Category B car prices rose by $1500.
Massive tech glitches cost local firms $1.3b in 2014
8 out of 10 firms have no data protection strategy.
HDB resale prices crashed to 40-month low in November
Prices dropped 6.3% last month.
Chart of the Day: Singapore’s CPI to drop even further in 2015
Amid weaker oil prices and lower property prices.