News

Expert lays out pros and cons of flats in new housing estates

The new housing estates include Pearl Hill and Marina South, amongst others.

Singapore cap rates remain flat in Q3

The gross yield of commercial properties in Singapore ranges from 3.00%-6.25%.

MAS and Bank Indonesia extend bilateral financial arrangement until 2024

The agreement between both central banks was extended to 2 November 2024.

20% of Singapore’s motor insurance claims are fraudulent – GIA

One of the biggest insurance frauds in Singapore falsely claimed about S$1.6m.

Singapore connectivity level reaches 99%: IMDA report

The report also found that 2 in 3 Singaporeans are keen to try new digital technologies.

CapitaLand Ascott Trust divests 2 hotels in Sydney, Australia for $95.6m

The REIT will recognise a net gain of $12.4m from the divestment.

AIMS APAC REIT posts 5.1% YoY higher net property income of $64.3m in 1H24

Despite the higher income, the REIT proposed a 1.1% YoY lower DPU of $0.04650.

Raffles Medical Group’s profit falls 67.4% YoY top $12.4m in 3Q23

Year-to-date, the company’s profit has declined 25.6% YoY.

New Jurong Town Hall Bus Interchange opens November 26

In tandem with the opening, LTA will also introduce a new bus service.

HDB rents rise 0.4% MoM in September

By room type, 5 Room recorded the highest rent increase.

Condo rents drop 0.5% MoM in September

Rents across sub-markets dropped in September, except for CCR.