KUALA LUMPUR – Malaysia and Singapore will ink agreements to finalise the much delayed Johor Baru-Singapore Rapid Transit System (RTS) Link project on July 30,… Read More »JB-Singapore rail link agreement to be inked on July 30; construction to start January 2021
SINGAPORE (THE BUSINESS TIMES) – The managers of CDL Hospitality Trusts (CDLHT) on Friday night (July 17) guided that the stapled group’s financial performance for… Read More »CDL Hospitality Trusts flags 60-70% fall in first-half distribution on Covid-19 impact
It can seem infallible but returns can be hit, as in current downturn For decades, real estate in the financial hubs of Hong Kong and… Read More »Let’s get real with real estate
SINGAPORE – Retail sales assistant Joyce Loh and her husband were supposed to get the keys to their new Build-To-Order (BTO) flat in Bukit Batok… Read More »Some BTO flats may be delayed up to nine months, up from previous six months: HDB
SINGAPORE – Rents for retail space in Singapore are expected to fall more sharply in the second half of this year amid mounting vacancies from… Read More »Singapore retail rents to see sharper falls amid mounting mall vacancies: Report
SINGAPORE (THE BUSINESS TIMES) – A union may be on the cards for ESR-Reit and Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana Reit),… Read More »Industrial property landlords ESR-Reit and Sabana Reit propose merger
With the reopening of Singapore’s economy – and show-flats – on June 19, new home sales posted a surprise rebound last month as pent-up demand… Read More »New private home sales post surprise rebound
SINGAPORE – New home sales posted a surprise rebound, with developers selling 998 non-landed private homes in June, up 105 per cent from 487 private… Read More »Singapore new home sales rebound, hit 7-year high for month of June: URA data
Hotel operations face ‘significant’ losses with revenue per available room down 50%-60% City Developments Limited (CDL) expects its pre-tax profit for the first half to… Read More »CDL expects hit to half-year profit, due largely to pandemic
SINGAPORE – More private non-landed homes were sold in June compared with May, while prices held steady for a third consecutive month as Singapore gradually… Read More »Condo resale volume recovers in June while prices hold steady: SRX
SINGAPORE (THE BUSINESS TIMES) – City Developments Limited (CDL) on Monday (July 13) said it expects the group’s pre-tax profit for the first half this year… Read More »CDL warns of half-year profit hit, with hotel operations facing ‘significant’ loss
A healthy balance is a good safety net for hard times, retirement If you have regular income but find that the balance in your Central… Read More »Cutting down the use of CPF for properties
