News

Two new properties at opposite ends of the spectrum are being soft launched this month, one for investors and the other for families.

Condominiums in the mass and mid-tier market segments have been leading an upward trend in transacted prices and price positioning. Current all-time high prices for HDB transactions, including a HDB penthouse maisonette in Queenstown, which was almost sold for S$900,000 two weeks ago, seem to be bridging the price gap between private properties and public dwellings.

Property group Colliers International says luxury properties will outpace mass market as prices set to soar this year.

72% of the 1,761 transactions were at a median price of $1,000psf or more.

Agency intends to develop voluntary compliance on corporate regulatory requirements through non-penal measures and public education.

Manufacturing sector’s 139% expansion paved the way to increase GDP growth forecast from earlier 6.5%-7.5% estimate.

US$50mln Keppel Singmarine Brasil eyed to build an average of 8 vessels a year.

Enhanced framework offers telecom licensees convenience as well as time and cost savings.

The Japanese aren't shopping and CapitaMalls Asia outlets in Japan stand 20% empty, but the good news is China is rocking.

Over the last two weeks, the government has signaled an interest to release iconic projects and substantial land parcels for redevelopment.

In the year ended 31 March 2010, the number of passengers that chose Tiger Airways saw a 54% increase compared to the previous year.

The marine and offshore engineering group is investing in three new shipyards as part of its expansion plans following a decline in its order book from S$9.0 billion FY2008 to S$5.5 billion in FY2009.

The Euro-Medium Term Note Programme, established by CapitaMalls Asia Treasury Limited, will be unconditionally and irrevocably guaranteed by CapitaMalls Asia Limited.

The state investor has become a substantial shareholder of Cosco, next to China Ocean Shipping (Group) Company.

Bringing together 8 MNCs and local enterprises, the collaboration aims to grow Singapore’s Micro-Electro-Mechanical-Systems industry.

Located next to the Jurong East MRT station, the district’s first sale site at Jurong Gateway Road has a land area of 1.9 ha and a potential gross floor area (GFA) of about 107,000 sqm of space.