News

The arrival of big banks at the new Marina Bay Financial Centre may signal a turning point for grade A office space as rents bottom out and leasing picks up.

You may want to hold back on buying that property with latest URA figures showing a slowdown in residential prices, which rose 5.1% in the three months to March compared to 7.4 % in the previous quarter.

Like an unhappily married partner, new laws will allow Singaporean bankrupts who have their bankruptcy anulled to have any record of it expunged from the record.

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.

1Q 2010 resale price index estimates expected to increase 2.7% to 154.9 as demand flourishes.

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.

Stocks of Singapore property companies are potentially hot on Monday with home prices still rising after recent record transactions.

S$55mln contracts from Singapore Navy, New Zealand research agency, and Partnership Ltd secured by ST Marine.

Contract valued over S$29mln will construct tugs over nest 16 months for Overseas Shipholding Group.

ST Aerospace will provide comprehensive engines maintenance and engineering support for Jet Airways’ 143 CFM56-7B engines.

Landlords are more reluctant to lower rents as Q1 2010 office occupancy rate up 92.6%.

Rents seen to bottom this year as Q1 2010 figures stabilize after 5 months of decline.

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.

Move was prompted by companies’ 3 consecutive years of financial losses.

7% rate remains low despite global trend making goods and services tax key government revenue source.

The 3.07 ha land parcel at Upper Changi Road North / Flora Drive is now for sale by public tender and has the potential to yield 390 units.