In Focus
Second quarter primary residential property sales down 8%
Second quarter primary residential property sales down 8%
Foreigners’ share of total purchases in quarter maintained at 11% behind caution over global economic situation.
Asia Pacific mobile market to face challenging times
Operators need to develop new business models, prudent manage capital investment, and enrich customer experience.
Asia Pacific office property markets headed for growth
Raffles Place rents up 2.9% in second quarter while CBD core area vacancy rate dropped 7%.
July exports cooled as government sees slacking demand
Overseas demand may lessen as European governments implement austerity programs to cut deficits and households spending.
Singapore SMEs cautiously optimistic on economic growth
SMEs need to overcome 3 challenges – high operating costs, competition and skills shortage.
Car sales hit the brakes
Retail sales are being dragged with motor vehicle sales falling by an average of 30% in recent months.
Executive Condominium market makes comeback after 5-year hiatus
Yet HDB upgraders looking for new projects below $900 psf had fewer choices in the first half of 2010.
Asia Pacific second quarter office markets recover
Singapore seen to outperform 6.2% prime rents growth forecast in the coming months.
Singapore's 13%-15% economic boom lifts property sector
Marina Bay offers most exciting opportunities as Singapore is on course to become Asia’s fastest-growing economy.
Singapore economic growth may ease after expanding 17.9%
Euro debt crisis and US slowing economy threaten bid for becoming economically relevant in fast-changing world.
Singapore unveils Compact City to the World model
1000 Singapores can house the entire world population using only 0.5% of the Earth’s land area.
Asians unseat foreigners as Asia Pacific's dominant property investors
Singapore among countries with most active market as its new tourist attractions likely to energise demand.
Singapore is Asia's most expensive country for construction
Construction cost in Singapore is almost 7% higher than in the UK.
OCBC Bank's second quarter net profit down 26% from previous quarter
OCBC's net profit dropped to S$503 million, from S$676 million for the first quarter, with volatile financial markets resulting in a 35% decline in net trading income.
HDB launches BTO projects Senja Gateway and Corporation Tiara
The launch, which involves 1,016 units, pushed HDB’s total offering for the first seven months of 2010 to 9,844 new BTO flats.
HDB steps up enforcement against unauthorised subletting
59 flat owners are alleged to have violated the subletting rules.
Singapore's Q2 2010 job advertisement up 13.7%
The country experienced 30.7% increase in advertisements for merchandising and purchasing roles as employment sentiment remains positive.
Commentary
Singapore’s digital confidence in the new retail era
ASEAN's unity is being tested in the age of economic warfare