News

Not even the debut of SPACs in the SGX can save 2022.

A total of S$400m was invested by its shareholders, the neobank said.

It attributed this to the “recent spate of competitive rising rates by local banks.”   RHB Singapore has joined the bandwagon of local banks that have raised the interest rates for their deposit accounts.

The updated framework includes a new rate for remnant land parcels.

The contract was granted by  Kaohsiung City Mass Rapid Transit Bureau.

The private condominium will be completed in 2026.   The show gallery for Lentor Modern will be open for preview starting 2 September, GuocoLand announced.    Once completed in 2026, Lentor Modern will become the first private condominium launch in the Lentor neighbourhood in more than two decades.    Lentor Modern is situated on a 1.7-hectare site and comprises three 25-storey residential towers above a mall with more than 96,000 square feet (“sq ft”) of F&B and retail shops, a supermarket and a childcare centre. 

About 20% of adults in Singapore own cryptocurrency.   The percentage of Singaporean adults who own cryptocurrency had gone up to 20% in 2022 from 16% last year, data from Finder.com showed.    Of those who own cryptocurrencies, 68% are men, whilst 32% are women.   Amongst types of coins, bitcoin was the most popular amongst Singaporeans (33%), followed by Ethereum (26%).

It will be sold through an Expression of Interest exercise.   52 Boat Quay, a rare six-storey CBD shophouse located in the Boat Quay district, was launched for sale with a guide price of $45 million.    Its marketing agent, Savills, said the sale will be conducted via an expression of interest (EOI) exercise closing on 7 October, at 3 p.m.   According to Savills, 52 Boat Quay is the tallest of all the conservation shophouses situated along the Singapore River. Surrounding the property are office buildings like CapitaSpring, UOB Plaza1 and 2, One George Street, OCBC Centre and One Raffles Place.

It will take effect on 1 September.

Price gaps and limited supply boost demand for the flats.

It reversed the 1% gain in June.

Jardine Matheson Holdings had the most growth.

It has launched a savings account with a customizable pockets feature.

Of the upcoming supply, 392,000 sq feet will be completed in the second half of 2022.

The property will be sold via an expression of interest exercise.

Tenders close on 3 November.