Singapore

Are investors undervaluing hotels?

The 29-room Wanderlust Hotel was sold at a whopping $1.3m per key, following construction costs estimates for other hotel sites.

Quick asset turns buoy Frasers Property from property measures' effects

Its dividend yield of 5% is also the highest amongst developers.

Grab's fines should cancel out Uber merger gain: Ryde

The firm supported the CCCS' remedies to “bring back” competition.

Property cooling measures slow banks' loan growth

UOB could be hit the hardest as 27.6% of its total loans are home loans.

CityDev's share price hit by surprise property policy

It has the largest inventory of about 2,000 units for launching from H2 2018 to 2019.

Early bird: UOL's early land buys give it more pricing room

This will help it avoid lower profits from higher ABSD rates and tighter LTV limits.

Sembcorp Marine raises purchase price of Sevan Marine IP rights to US$39m

The sale aims to kill a lawsuit Sevan Marine filed against Sembmarine.

Property curbs to slash APAC Realty's 2018 sales by 5%

Both its primary and secondary markets are at stake due to higher ownership costs.

Property cooling measures could threaten banks' loan growth

The cooling measures may likely strike UOB as it is the most exposed to property-related lending.

CapitaLand poised to deflect new property measures' effects

Only the launch of Pearl Bank Apartments risks a delay.

Sembcorp Industries to get $200m of 5% perpetual securities

It will cease trading in SGX securities after redemption.

Fintech firm AsiaCollect bags $4.5m in funding from SIG Asia Investments

The firm helps banks and non-bank lenders recover overdue consumer loans.

oBike appoints liquidators upon Singapore exit

It also assigned three vendors to clean out bikes and has retrieved 1,000 so far.

Higher ABSD rates lead to last minute home-buying frenzy

Existing launches like Martin Modern and Affinity at Serangoon were offering an additional 5% discount for buyers who committed to purchases on July 5.