News

Government gives in to booming private residential demand

Government gives in to booming private residential demand

The teeming amount of private residential land in the new 2H12 GLS programme should sate the hunger of home purchasers, said Colliers.

Private residential sites dominate 2H12 GLS programme

About two-thirds of the programme consists of private residential sites with the rest a mix of commercial sites, white sites and hotel sites.

Chart of the Day: Inflation rose in April after easing in Q1

CPI-All Items inflation came in higher at 5.4% in April 2012.

Singapore's digital spending to account for 67% of total media spend by 2016

Digital’s share of total spend will grow from 28% in 2011 to 37.5% in 2016.

Starhub pampers Chinese enterprises in Singapore

China Business Network, an all-business news channel, will be showcased by Starhub by the end of 2012.

Singapore set to splurge more on internet advertising

Will print advertisements soon be obsolete?

2 hotel sites at Kallang Riverside no longer on the reserve list

Government introduces more changes in the GLS Programme for the First Half of 2012.

Government confirms additional property supply in 2H

A total of 7,100 private residential units, 308,000 sqm GFA of commercial space and 3,700 hotel rooms coming our way in 2H.

More than 40% of private homes in the market remain unsold

A huge number that might indicate slowdown in the demand but the government remains optimistic, placing 13 more sites for private homes in 2H.

Olam's share buyback programme a curious situation: Maybank KimEng

Olam must be borrowing money to buy-back shares and there's doubt if the program would be even completed.

Olam forms joint venture with Lansing in Canada

Lansing Olam Canada will focus on merchandising Canadian grains and oilseeds to meet demand in North America as well as international markets.

Buangkok Dr condo site receives cheaper bids than Sengkang

Interest was lukewarm with only five bids topped by City Development at $301m.

Industrial land rents will slide up to 3% in 2012

Firms are now more cautious in expanding and will drive down rents, says Colliers.

Chart of the Day: Private rent down

Compared to the first quarter, private rent per square foot fell by 1% in April and May.

Why REITs are busy snapping up industrial property

REITs can't help but accumulate "yield accretive purchases" while interest rates remain attractively low.