News

Construction of first phase of CRL line starts: LTA

The underground train line will serve daily ridership of more than 600,000.

SATS shareholders greenlight acquisition of Worldwide Flight Services 

Of the total votes, 96.80% were in favour of the transaction.

Shipments to China may improve but later than expected: analyst

CGS-CIMB said the improvement may come in the second quarter.

Total property investment volume up 2.8% YoY to $29.1b in 2022

The investment market may remain in “price discovery mode” in the first half of 2023.

Hoe Chiang Road and Lim Teck Kim commercial site for collective sale for $216m

The 999-year leasehold has a total land area of 1,722.5 sqm.

Prime retail rent to grow between 3-5% in 2023: report

This recovery will be led by the shopping belt on Orchard Road. 

Raffles Medical Group to get higher margins amidst China reopening

Elective surgery revival will benefit the hospital group.

SG, Uzbekistan ink transport cooperation agreement

Civil aviation is amongst the areas of cooperation.

How Singapore's prime rental rates compare to APAC markets

In Q4, the Lion City saw a 5.5% YoY increase in rental rates.

Savills brokers sale of $32.68m office units in Southpoint

The sale translates to $3,000 per square foot.

RHB: Resale volume continue to grapple with rising interest rates

The new home sales fell short of the broker’s expectations at 7,384.