News
Playing safe: 77% of Asian investors won’t risk buying properties
Playing safe: 77% of Asian investors won’t risk buying properties
And more than 75% of the investors said they aim for a 15% internal rate of returns or higher for investments.
Property investment deals slump 55% in Q3 2011
Investors are more cautious as real estate investment sales were only $4 billion in Q3 2011, the lowest level since Q1 2010.
Singapore trading threatened by Lehman-like trends
DBS has a grim market outlook as it cuts securities daily average volumes and values to 1.32bn and S$1.45bn from 1.89bn and $1.83bn in FY12.
Buyers tag private units as 'unaffordable'
Pricing remains the biggest driver of demand, said an analyst, with take-up rates higher for projects priced lower psf.
Private home prices up but increase slowing down
The private residential property index rose just 1.3% in the 3rd quarter, compared to the 2% increase in the previous quarter.
Pay up: Work passes fees to rise
Not only are fees set to increase but they will also be charged per transaction instead of per year.
SG banks sustain momentum with double-digit loan growth
DBU loans grew 29.7% yoy while loan-to-deposit ratio reached an all-time high of 83.7%.
Get a life!: Singaporeans struggle from work-life imbalance
Workaholics as they are, 67% of Singaporean professionals did not take all their holiday allowance in 2010.
Sheng Siong Group's US$95m IPO is fifth biggest in Q3 2011
The top spot still belongs to Hutchison Port Holdings’ US$5.5 billion IPO.
Tiger Airways' Philippine operations put in question
A letter of complaint was filed against the airline before the Civil Aeronautics Board of the Philippines.
Residential investment sales surge 23% to a whopping $10.6b in 2011
The residential investment market amounted to $2b in 3Q11, accounting for a significant 45% of market share.
Likelihood of 2nd Lehman-like doomsday hurts office rents
Prime office rents are seen to contract by 9.9% in FY12 as businesses hold off leasing plans.
HDB resale prices rise 3.8% in 3Q11
HDB has ramped up the supply of new flats to meet increasing demand, offering 23,800 new flats between January and September 2011.
We’ll be tougher: Atty Gen Sundaresh Menon
Tougher penalties will be in place to combat tax evasion and money laundering in Singapore, which has $1.2t worth of assets under management.
Private home prices up 1.3% in 3Q11
As prices continue to moderate for the 8th consecutive quarter since 4th Quarter 2009.
Sharply lower loan growth awaits, warns analyst
Bank lending may have been up 3% in August but slower economic growth is expected to lead to higher non-performing loans.
Average price of luxury private homes drops 2% in 3Q11
Prices slipped from S$2,286 psf in 2Q11 to S$2,243 psf, in response to a slowdown in luxury home sales.
Commentary
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