Singapore

Homes are still "seriously" unaffordable in Singapore

Homes are still "seriously" unaffordable in Singapore

Average price of an HDB flat is still under three times the median household income.

Suntec REIT's office monthly rents fell to $8.03psf in 4Q2017

This was due to the renewal of two anchor tenants.

Oxley Holdings Limited announces JV in Vietnam

They will focus on future land acquisitions.

Singapore to add 5,500 PMET jobs annually until 2020

It also aims to add $31b to the industry's value.

Noble wins $3.5b debt restructuring deal

The plan reportedly will allow creditors to cash-in on shares from a debt-to-equity swap.

DBS wants more private bankers to tap Asia's ultra rich

It eyes boosting its current pool of 200 private bankers by 10-20%.

Hmlet redefines cohabitation with flexible rental leases and flatmate matchmaking

They have raised US$1.5m in a seed round led by Aurum Investments in November.

CapitaLand Mall Trust scrambles to lower rents to retain tenants

About 21% of its portfolio has an average reversion rate of -1.7%.

HDB issues 10-year fixed rate notes for $515m

The notes have a coupon of 2.32% per annum payable semi-annually.

Here's why an $8.5b hedge fund closed in Singapore

Truston Falcon Asia Fund declined 6% in the year through July 2017.

CapitaLand Commercial Trust's net property income dips 4% to $67.96m in Q4

Its divestment of One George Street, Golden Shoe Car Park, and Wilkie Edge dragged profits down.

Frasers Hospitality Trust's net property income up 3.1% to $31.45m in Q4

Gross profit from its Australian portfolio rose by 4.9%.

Construction costs to bottom out in 2018

The value of the tender price index fell in three consecutive quarters to 96.6.