News

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.

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.

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.

Singapore raises ABSD rates and tightens home loan limits

The measures were imposed over rising prices and demand.

Chart of the Day: Property prices could soar over ABSD price raise and LTV limits

High-end developers could suffer more from the ABSD price increase than mass market and mid-tier segments.