News

Chart of the Day: High-end rent getting cheaper?

Tracking by Savills revealed rents of high-end non-landed residential properties fell for four consecutive months.

Chart of the Day: High-end rent getting cheaper?

Tracking by Savills revealed rents of high-end non-landed residential properties fell for four consecutive months.

ST Aerospace seals $80m repair contract with AirAsia

ST Engineering’s aerospace arm will provide maintenance support for AirAsia's A320 aircraft fleet over a 10-year period.

Drab no more: Changi Terminal 1 completes $500M renovation

Extensive upgrades to Changi's oldest and busiest terminal have drastically improved its interior design and passenger comforts.

Office space capital values crumble due to rent easing

Even the Raffles Place/New Downtown micro-market's values will slip by 5% end-2012.

Retail sales to boost Singapore visitor arrivals by 9.9% end-2012

The 1.8% YoY growth in sales index is projected to help STB reach its visitor projection of 13.5 to 14.5 million.

Prime industrial property prices to surge by 9% in 2H12

Both prime conventional and high-specs premises will also increase by 0.5%.

M1 lags among telcos due to lack of bundled services

Analysts believe though that this concern is overdone - but on what grounds?

Raffles Hospital to increase rates in 2H12: CIMB

Competitors like Mount Elizabeth and Gleneagles charge 34% and 20% more on average for their services over Raffles Hospital.

M1's net profit may slump 2.8% to S$41.6m in 2Q12

But the increased NBN connection rate would benefit M1 most, says CIMB.

Dairy Farm milking its Singapore cash cows

The company achieved 12% sales CAGR, higher than peers' average of 8%.

Singapore economy to slowdown in last 2 quarters: Moody's

As global crisis looms how did Singapore fare in 1Q12 compared with ASEAN peers?

Parliament casts doubt upon SMRT's rental and ad business

Rental and ads comprise just 10% of SMRT's revenue but it contributes 55% of total profit.

Will LTA share upgrade cost with struggling SMRT?

MayBank says new investments in equipment could crimp SMRT cashflow by 13%.

Downtown Line 3 tunnelling works kick-off

The entire tunnelling process is expected to take about 25 months but Land Transportation Authority notes of 2 key challenges.

Orchard monthly rents slip in 4Q11

Prime ground floor gross rents were steady around S$38.5 per sq ft per month for 2 years before slipping to SGD$38.30.

Chart of the Day: Leasing demand remains robust

There were a total of 18,948 leasing transactions in the first five months of 2012.

Singapore seeks upgrade on lax patent approval laws

Parliament is being urged to pass amendments that would move Singapore to a self-assessment to a positive grant patent system.