News
Iskandar-Singapore Rapid Transport system link gets go ahead
Additional cross border bus services between Singapore and Iskandar Malaysia have been approved and are being implemented.
Iskandar-Singapore Rapid Transport system link gets go ahead
Additional cross border bus services between Singapore and Iskandar Malaysia have been approved and are being implemented.
Radioactive contaminants found in imports from Shizuoka Prefecture
Tests done on shipments imported on 30 Mar 2011 showed contaminants were found in a sample of Komatsuna (Japanse Mustard Spinach).
CapitaLand takes 75% interest in Bishan street site
Its partner, Mitsubishi Estate Asia, will take 25% interest to develop condominium site at Bishan Street.
Keppel to gain $20.7mn from selling 35% share of Annto
The company will sell its share to Midea for an after tax net proceed of approximately $52.6mn.
SGX signs Nordic Bank SEB as Clearing and Trading member
The Nordic bank selected SGX as its first Asian exchange membership as the continent is becoming more essential to the latter’s core corporate and institutional clients.
Singapore property auction market first quarter sales value down 38.4%
But sales activities at auction seen to accelerate in 2Q 2011 as fuelled by diverted investors’ interest from residential properties to commercial and industrial properties.
72 story SkySuites and Okio residences Launching this weekend
EXCLUSIVE: SDB Pte’s “Okio Residences” at Balestier and Allgreen Properties’ “Skysuites” at Anson, which at 72 stories is the highest residentail condo in Singapore, will open this Saturday April 2.
Bank lending surged 17% in February 2011
On a month-on-month basis, Singapore bank lending rose 1.6% last month.
Singapore global visitors hit almost a million
International visitor arrivals (IVA) to Singapore registered 15.4% year-on-year growth in February 2011 to 990,000.
Prime Orchard Road rents eased to $30.10psf
With a few major leasing deals concluded as well as the exit of an anchor tenant along Orchard Road, the retail leasing market gave mixed signals in 1Q11.
Chinese buyers splurged more than $85mn on top end properties
Of the 54 units sold to date in 1Q 2011 for top end properties 31% of them were bought by Chinese, the largest among foreign buyers.
Grade A rents smashed through $10 barrier
But CBRE warns that rental growth may be slowing as occupiers digest the significant expansion space taken up last year.
SMRT CFO Lim Cheng Cheng resigns
The CFO and Executive Vice President's resignation is the fourth senior level departure since last November.
CapitaMall Asia proposes secondary listing in Hong Kong
CMA plans to double the number of malls in China to 100 in three-five year.
Over $34mn worth of properties sold in two days
Despite cooling measures announced by the Singapore government, property buying and investment sentiments remained optimistic.
OCBC banks launches "scan and pay" application for android phones
The feature allows customer to scan barcodes, obtain billing details and make payments from their accounts.
Raffles Place rents set to smash $10psf mark
And the bad news for tenants doesnt end there, with property firm Colliers predicting they may hit $12 psf this year.
Read Here
Advertise
Sign Up
