Singapore
Warning signs as residential market slows
Warning signs as residential market slows
It may just be the beginning of a trend, but after almost a year of increases, volume of residential property sales declined 8.5% quarter-on-quarter as industrial property sales overtook.
Tiong Woon completes CO2 removal project in Batam
1650-ton CO2 Removal Module was company's heaviest heavy haulage and load-out operations to date.
Roxy-Pacific and partners acquires Marina House for S$148mln
Consortium with four other firms plans to convert property into residential-commercial mixed development.
Ascott extends presence in China with Chengdu property
Portfolio in China increases to 27 properties in 13 cities with addition of Somerset Riverview, Chengdu.
Singapore's housing sector set new price records
1Q 2010 resale price index estimates expected to increase 2.7% to 154.9 as demand flourishes.
Council for Third Age & POSB launch Active Card
Singaporeans at least 45 years old are now further protected against fraud or theft while also enjoying healthcare privileges with the launch of the Active Card.
Property companies may be in the spotlight
Stocks of Singapore property companies are potentially hot on Monday with home prices still rising after recent record transactions.
ShowNearby releases first business intelligence tool using OneMap
Firm’s Analytics tool is part of government’s Call-for-Collaboration initiative to enhance country’s development of innovative services.
AXA Insurance introduces new international health insurance product
Product provides executives and their families S$4mln yearly health protection and access to medical treatment overseas.
ST Engineering's marine arm obtains upgrade and maintenance contracts
S$55mln contracts from Singapore Navy, New Zealand research agency, and Partnership Ltd secured by ST Marine.
ST Engineering's US shipyard to build two tugs
Contract valued over S$29mln will construct tugs over nest 16 months for Overseas Shipholding Group.
Safran Group awards second contract to Boustead Projects
Safran Electronics Asia tasked Boustead to design-build-and-lease its integrated factory and office facility covering 6,000 square-metres.
Boustead subsidiary awarded S$40mln contract from Cenco
Company will design-and-build an integrated test bed facility with jet engine testing section and control centre.
ST Engineering's aerospace arm bags S$1bln contract
ST Aerospace will provide comprehensive engines maintenance and engineering support for Jet Airways’ 143 CFM56-7B engines.
Office rents buck downward trend as occupancy improved
Landlords are more reluctant to lower rents as Q1 2010 office occupancy rate up 92.6%.
Industrial rents held firm after quarters of decline
Rents seen to bottom this year as Q1 2010 figures stabilize after 5 months of decline.
Number of services sector establishments up 6.8%
SingStat has released data in The Services Sector report as part of the Economic Survey Series, including the 11.1% rise in Total operating receipts to $1,705.2 billion.
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