News
Private condo resale prices in Districts 9 to 11 hit record-high in March
Private condo resale prices in Districts 9 to 11 hit record-high in March
Prices rose 2.2% from last month thanks to demand for luxury homes.
Yanlord co-buys 2 land parcels in Tianjin worth $1.57b
The land parcels are slated for mixed-use development and will include amenities like schools.
Noble gets 70% of creditors to commit to restructuring
But concerns arise as its founder Richard Elman is pushing for a new restructuring.
Singapore falls to 18th place in the world's busiest airports
The 6% growth of its passenger traffic lagged Guangzhou’s 10.3% and Delhi’s 14.1%.
Financial compliance in Singapore is the ninth easiest in the world
But Budget 2018 changes could make compliance harder.
Chart of the Day: Online grocery sales growth dipped to 35% in 2017
New online groceries can't break into the dominance of supermarkets.
Daily Briefing: GIC co-buys 'Salt Bae' steakhouse for $1.6b; Tariff threats dent Singapore business policy certainty
And guess which development in Paya Lebar Quarter has sold 149 units over two days.
Daily Markets Briefing: STI up 0.22%
Trade relations continue to weigh down investor sentiment.
Keppel O&M to build Singapore's first dual-fuel bunker tanker
It signed a contract with Mitsui AP with an option to order another similar tanker.
Casa Meyfort en bloc sale relaunched
The relaunch followed the 3.8% price increase in the Outside Central Region it is in.
76% of The Verandah Residences sold for average of $1,815 psf
The whole project is expected to be completed in the fourth quarter of 2023.
Bank of China and ICBC to offer PayNow
There are now nine banks using the service.
Singapore needs to control inpatient costs amidst high medical inflation
High medical fees still drive inflation even if it has dropped from 20% to 9.6% in three years.
Keppel bags contracting deal with KrisEnergy
It will be selected as the preferred contractor for the construction of KrisEnergy’s fuel barges.
Ascott inks deals with developers in China, Japan, and Thailand
It is adding management and lease agreements to 14 properties in the three countries and Indonesia.
Dairy Farm eyes breaking records at en bloc sale
A potential asking price is at $1.68b, beating that of Farrer Court and Pacific Mansion.
Singapore and China ink deal on Belt & Road markets cooperation
The collaboration will tap into policy banks to support third-party market ventures in both countries.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform