SINGAPORE – Retailer, property and investment group Metro Holdings reported on Tuesday (May 30) fourth-quarter net profit of S$34.2 million compared to S$1.2 million for… Read More »Metro sees jump in Q4 profit on writeback, higher revenue; full-year earnings fall 28.7%
Ex-HUDC estate Rio Casa and Goh & Goh Building near Beauty World MRT sold en bloc Two deals with a combined value of $676.5… Read More »Collective sale market heats up with Rio Casa, Goh & Goh Building deals
An executive condominium that was due to hold its first annual general meeting (AGM) at a country club will now meet at a more modest… Read More »Executive condo One Canberra changes AGM venue over cost concern
Top bid from China-based developers for residential site above analysts’ expectations History has been made with a land parcel for homes in Queenstown fetching a… Read More »Record $1b bid for Queenstown land parcel
SINGAPORE (BLOOMBERG) – Developers’ hunger for land is adding to signs that Singapore’s housing market is making a comeback after three years of price declines.… Read More »Singapore property comeback fueled by developers hungry for land
Average of 29% more paid for residential plots over comparable sites sold in past five years Developers have been paying substantial premiums for government land… Read More »Aggressive land bids drive premiums up at government sites
Despite drop in new units sold, sentiment has improved after tweaking of cooling measures Demand for new private homes stayed robust in April with sales… Read More »New private home sales stay robust
From Monday, landlords can rent out to no more than six unrelated persons; no change to HDB cap When she moved out of her family… Read More »New cap on tenants for private homes, deadline looms for agents, landlords to ink deals
More condominiums are adding extensive greenery to differentiate their properties from others A botanical garden with 200 species of plants, a 200m-long… Read More »Condos go back to nature
First-quarter earnings fell for City Developments (CDL) despite booking a higher revenue. In announcing the results yesterday, the developer also noted that the residential property… Read More »CDL’s Q1 profit drops despite higher revenue
Perennial Real Estate Holdings’ first-quarter net profit surged owing to a divestment gain from the sale of a partial stake in a property asset near… Read More »Sharp rise in Perennial Real Estate Q1 profit
Of 30 transactions in past 12 months, 16 lost out; Seascape unit made largest loss of $6.6m They may boast Singapore’s most prestigious address, but… Read More »Losses in ‘at least half of Sentosa Cove home sales’
