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Sorry SMRT but you’ve just lost millions to ComfortDelGro
Sorry SMRT but you’ve just lost millions to ComfortDelGro
Although an actual yield projection is not yet determined, the Down Town Line (DTL) could achieve a shorter breakeven period and ramp up ridership faster as compared to the North East Line (NEL) and Circle Line (CCL), says CIMB.
Four newly released residential sites to receive ‘so-so’ bids
Developers are on the whole increasingly cautious and realistic as there is no urgency to acquire land since the majority had re-stocked their land inventory in the past 1.5 years, says an analyst.
IT Savvy: Retailers intensify investments in technology
Retail IT spending in Singapore is estimated to grow by 5.8% y-o-y to $163.21 million in 2011 or far above the compound annual growth rate of approximately 4%, says a research firm.
Home buyers defy hungry ghost taboo
If I like it then I will buy it; Who cares about your superstitions anyway?
Singapore banks may be vulnerable to external shocks amid looming recession
But, there remain various reasons to assure investors that Singapore banks are likely safe in the event of a global economic slowdown.
FEO’s euHabitat drives away hungry ghosts
The 748-unit development at Jalan Eunos is now nearly half sold as it continues to buck the traditionally slower sales during the “hungry ghosts” month.
‘societal sophistication’ drives home sales
Homebuyers will be very cautious but the satire interest of buying remains primarily due to ego, societal pressure or even therapeutic reasons, says an expert.
Desktops ain't gonna say goodbye
The overall desktop PC market is gasping but remains alive.
Don’t be misled: The reported 57.4% growth in private residential units launched in July is a bluff
The 2,541 units released in July might be seen as bullish developer sale sentiments for private homes as this number was exceptionally high but the stats are misleading at face value, cautioned an expert.
Fingers are kept crossed that new housing policies will bring COV for HDB resale down
With continued high demand for resale flats, owners are taking advantage of the situation by demanding for higher cash-over-valuation (COV) but with the raising of the HDB and EC income ceiling hopefully they taper off high prices, says an ECG Property expert.
Encouraging sales for MCL Land’s Terrasse continue despite the hungry ghost festival
13 more units were snapped up from Aug 1 to 14, making the 99-year leasehold development in Hougang Avenue 2 now almost 70% sold.
Say goodbye to Tiger Aussie in 18 months or less
There’s no future for the grounded airline in Australia even if it resumes operation today (Aug 12), says Royal Bank of Scotland Asia Securities (RBS).
Park Residences at Kovan more than 60% sold in less than a month
Only 14 out of 41 units are left since it was launched mid July even if a smallest one-bedder of just 323 sft in size now sells at $1,600 psf or up from preview price of $1,450.
Are existing office spaces soon to be ghost towns?
A two-tier market within Grade A office space is on a tear, due to a spate of relocations from existing office buildings to newer ones in the CBD.
The decade that changed the aviation industry
The last ten years saw airlines in crisis mode but the industry has demonstrated that it can transform itself in the face of challenges, says IATA.
Office rental rates to continue rising but less likely to hit pre-crisis levels
Strong positive rental reversion to only come in 2013, says DMG Research.
MCL Land sold half of Uber 388 in less than a week
But good news for potential buyers as the 95-unit development at Upper East Coast Road remains discounted at preview price of around $1,380 psf on the average.
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