News

LTA to increase COE quota of non-electric cars to 10,431

The adjustment would expand the total quota to 10,431.

Yanlord Land contracted pre-sales doubles to S$810m in April

The city of Suzhou contributed the highest with S$407m.

DBS imposed with $1.6b additional capital requirements for service disruptions

Total additional regulatory capital has now reached about S$1.6b (US$1.2b).

Landmark receives payment license in Singapore

It began its operations after acquiring the license.

Food and beverage sales go up 17.8% to $956m in March

Food caterers have sizeable sales growth, with 80.1%

This startup’s clinic software is the first to be fully compatible with HealthierSG

Galen Health is one of the vendors that joined HealthierSG’s SmartCMS Programme.

Hyflux former chief Olivia Lum faces three more charges

Hyflux’s unaudited financial statements in 2017-2018 failed to disclose millions in bank deposits.

Retail sales soar 4.5% to $4.1b in March

13.0% came from online retail stores.

Higher ABSD rate hits foreign demand in ‘The Continuum’ sale

PropNex said the increased rate hit investment demand.

Private home prices to cool off at 4%-7% in 2023: experts

Meanwhile, expect more buyers to return once the interest rate stabilised in the second half.

Singapore has the priciest office fit-out costs in SEA

The Lion City’s fit-out cost for a basic hybrid is $113 (US$86 psf).

HDB resale prices to cool off at 5%-8%: experts

Meanwhile, expect demand for resale flats to increase in the second half of 2023.

OUE Commercial REIT’s NPI up 18% YoY in Q1

Its revenue also grew due to Hilton Singapore Orchard's contributions.

AA REIT posts 5.1% YoY growth for DPU in FY 2023

The distribution per unit (DPU) grew to 9.944 cents.