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Buyers tag private units as 'unaffordable'
Pricing remains the biggest driver of demand, said an analyst, with take-up rates higher for projects priced lower psf.
Buyers tag private units as 'unaffordable'
Pricing remains the biggest driver of demand, said an analyst, with take-up rates higher for projects priced lower psf.
Private home prices up but increase slowing down
The private residential property index rose just 1.3% in the 3rd quarter, compared to the 2% increase in the previous quarter.
Pay up: Work passes fees to rise
Not only are fees set to increase but they will also be charged per transaction instead of per year.
SG banks sustain momentum with double-digit loan growth
DBU loans grew 29.7% yoy while loan-to-deposit ratio reached an all-time high of 83.7%.
Get a life!: Singaporeans struggle from work-life imbalance
Workaholics as they are, 67% of Singaporean professionals did not take all their holiday allowance in 2010.
Sheng Siong Group's US$95m IPO is fifth biggest in Q3 2011
The top spot still belongs to Hutchison Port Holdings’ US$5.5 billion IPO.
Tiger Airways' Philippine operations put in question
A letter of complaint was filed against the airline before the Civil Aeronautics Board of the Philippines.
Residential investment sales surge 23% to a whopping $10.6b in 2011
The residential investment market amounted to $2b in 3Q11, accounting for a significant 45% of market share.
Likelihood of 2nd Lehman-like doomsday hurts office rents
Prime office rents are seen to contract by 9.9% in FY12 as businesses hold off leasing plans.
HDB resale prices rise 3.8% in 3Q11
HDB has ramped up the supply of new flats to meet increasing demand, offering 23,800 new flats between January and September 2011.
We’ll be tougher: Atty Gen Sundaresh Menon
Tougher penalties will be in place to combat tax evasion and money laundering in Singapore, which has $1.2t worth of assets under management.
Private home prices up 1.3% in 3Q11
As prices continue to moderate for the 8th consecutive quarter since 4th Quarter 2009.
Sharply lower loan growth awaits, warns analyst
Bank lending may have been up 3% in August but slower economic growth is expected to lead to higher non-performing loans.
Average price of luxury private homes drops 2% in 3Q11
Prices slipped from S$2,286 psf in 2Q11 to S$2,243 psf, in response to a slowdown in luxury home sales.
Singapore PMI may have slipped to 48.7 in September
Despite poor PMI data, Singapore’s manufacturing performance has been improving in recent months, led by the volatile bio-tech and pharmaceutical sectors.
Reduce reliance on low-skilled foreign labour: Mr Lim Hng Kiang
The Minister for Trade and Industry cited this as among the things Singapore needs to do for more sustainable and inclusive growth.
CapitaMalls Asia’s secondary listing in Hong Kong to begin trade in October
A filing to HKEx said no new shares will be issued as a result of the listing.
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