News

The average monthly rent of CBD Grade A offices was S$8.47 per sq ft in the second quarter of 2012.

Minister Lui Tuck Yew said this will improve service levels for at least one in three existing buses routes.

New amendments to the LTA Act seek to authorize the transport body to hand out loans, grants and guarantees to bus operators.

8 out of the new 40 routes will connect major HDB towns to the city area.

25,999sf GFA will be added to CapitaLand's residential landbank.

Sembawang was a drag on occupancy in 4QFY11.

An additional 110,000 sq ft of new retail and dining options await Singapore shoppers.

Prime conventional warehouse rents for upper floor space exceeded their last peak in Year 2008 by 17%.

Good thing half the total leases expiring in FY12 have already been addressed.

CapLand's S$98.9m profit from the sale of its two assets excludes gains from the eventual sale of the redeveloped Cairnhill Somerset back to Ascott Residence Trust.

The outlook remains challenging due to overcapacity and slower global growth.

CIMB thinks Keppel could also tap into KrisEnergy’s development field to supply offshore equipment.

Ascott Reit could have secured better accretion had it divested just the residential portion of Somerset Grand Cairnhill to third-parties, says CIMB.

Bad service experiences may spread like wildfire as  86% of consumers rely on hearsays.

1 out of 4 Singapore consumers deem open and honest communication as most important factor to remain loyal.

How bad did it get for Singapore-Malaysia ties when rumors of their active participation sparked?