News

CDL posts lower PATMI of $66.5m in 1H23

CDL posts lower PATMI of $66.5m in 1H23

The company attributed the decline to the absence of substantial divestment gains in 1H22.

7 SG companies land on Forbes ‘Best Under A Billion' list

The list features 200 top-performing small and mid-sized listed companies in APAC.

PropNex’ net attributable profit falls 18.4% YoY to $22.1m in 1H23

Given the lower profit, the company proposed an interim cash dividend of 2.5 cents a share.

Total investment in commercial property falls 65% QoQ in Q2

The value of the total investment went down to $1.8b.

HDB resale prices up 7% in July, but less flats resold

A total of 2,056 HDB flats were resold during the month, 13% lower than a year ago.

Is there still hope for NFTs? Study shows there’s still potential

Knight Frank said transactions hit US$4.7b in the first quarter of 2023.

Watches, wine, and rare whisky top ultra-rich Singaporeans’ luxury collectibles

Knight Frank reported a 7% increase in the luxury investment index.

Grade A business park development fund launched in India: CLI

The fund has a target size of $525m to invest in business parks.

Chart of the Day: 5 most popular HDB towns amongst Singaporean homebuyers

The top 5 HDB towns accounted for 37.4% of transactions in 2Q23.

Frasers Property posts ‘steady’ operational performance in Singapore

Its commercial portfolio occupancy grew for the fifth consecutive quarter.

Complaints vs airlines industry up 39% in H1 

Industry complaints are also a trend in other countries.

Asking prices for landed and non-landed seen to moderate: report

The price growth for these property types is slowing down.

Big banks, investors fund Endowus digital wealth leadership in Asia

It was able to raise $35m from global banks, existing investors, and four Asian billionaire families.

SingPost to pay additional $1.7m over arbitration proceedings

The arbitration was commenced by Tan Ho Sung against SingPost.