Buy properties with little cash? It’s too good to be true

The marketing materials of a property education company claim that it can help its students buy properties with little or no cash down payment. To prove that its “secret” formula – taught only to those in paid courses – works, it shows photographs of past participants who had apparent success, such as buying two properties[…]

Post-pandemic: The office has a future

Random workplace chatter is still highly valued for sparking innovation, even though remote work is here to stay post-pandemic. In the first edition of the relaunched Tech section every Tuesday, The Straits Times speaks to tech giants and experts to get their views.   SINGAPORE – Casual encounters in the office cafe, lounge or hallway[…]

Singapore Reits’ exposure to Robinsons owner in spotlight as fashion retailers struggle

SINGAPORE (THE BUSINESS TIMES) – The fortunes of retail-focused Singapore-listed real estate investment trusts (S-Reits) are “closely tied” with that of beleaguered Robinsons Singapore’s owner, DBS Group Research said in a note on Monday. More brands under Dubai-based conglomerate Al-Futtaim, which owns the department-store operator that’s now in liquidation, may also follow suit with closures, the research[…]

Q3 office rents in S’pore fall 4.5%, the steepest in 11 years

Office rents in Singapore saw their steepest decline in 11 years in the third quarter, official data showed yesterday, as the Covid-19 pandemic hit leasing demand for commercial real estate in the regional business hub. Rents for office space fell 4.5 per cent on a quarterly basis in July-September, data from the Urban Redevelopment Authority[…]

Singapore private home prices rise by 0.8% in Q3 amid recession

SINGAPORE – Private home prices in Singapore continued to surprise on the upside despite the pandemic-induced recession, with a 0.8 per cent gain in the third quarter from the previous three months, according to final data from the Urban Redevelopment Authority (URA) on Friday (Oct 23). The figure was unchanged from URA’s flash estimate released on[…]

New guide to standardise property agent ratings across the industry

SINGAPORE – Online ratings of property agents will now be standardised across the real estate industry in Singapore following the launch of a new guide by the Council for Estate Agencies (CEA). Currently, real estate agencies determine the standards for consumer ratings but the guide aims to introduce consistent standards, such as the key attributes[…]