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Earnings plunged at property heavyweight City Developments Limited (CDL) in the first half year as the Covid-19 pandemic “severely impacted” its businesses, especially its hotel… Read More »CDL’s profit in first half plunges 99% as Covid-19 pandemic hits business

SINGAPORE – Property heavyweight City Developments Limited (CDL) saw earnings plunge in the first half-year as the prolonged Covid-19 pandemic “severely impacted” across its businesses, especially… Read More »CDL first-half profit sinks 99.1% on Covid-19 hit; sees possible divestments of non-core hotels

SINGAPORE – A number of projects in the mega build-to-order (BTO) sales exercise on Wednesday (Aug 12) may take up to five years to complete… Read More »Longer wait for flat buyers as some projects in latest BTO sales exercise may take up to 5 years to complete

SINGAPORE (THE BUSINESS TIMES) – Property company UOL has sunk into the red with net losses of S$82.1 million for its first half ended June… Read More »UOL posts first-half loss of $82 million due to Covid-19 impact

Pent-up demand during circuit breaker helps push up numbers The volume of resale condominiums changing hands nearly doubled last month, with about 978 units sold… Read More »Condo resales rebound, with July volume nearly double that of June

SINGAPORE – The volume of resale private non-landed homes changing hands nearly doubled in July, with about 978 units sold compared to 496 units in… Read More »Condo resales rebound after circuit breaker; July volume nearly double that of June

Besides a centrepiece park, it will boast features like gardening and farming spaces, rainforest walk Rainforest-themed playgrounds, a green lung called Central Park and a… Read More »Green, green grass of home for residents in Tengah’s Park district

SINGAPORE – More than 1,040 Build-To-Order (BTO) flats in Tengah will be on sale this month as Singapore’s newest town, billed as a “forest town”,… Read More »First batch of BTO flats in Park district in Singapore’s newest town Tengah set for launch

SINGAPORE (THE BUSINESS TIMES) – CapitaLand has posted an 89 per cent drop in net profit to $96.6 million for the six months ended June… Read More »CapitaLand first-half profit plunges 89% on Covid-19 restrictions, tenant support

SINGAPORE – The worst may be over for Singapore retail sales, with the reopening of shops and resumption of dining in for food and beverage… Read More »Singapore retail sales ease slump in June with slower 27.8% fall on phased reopening of shops, F&B dine-in