News
Rare 6-storey CBD shophouse in Boat Quay on sale for $45 million
Rare 6-storey CBD shophouse in Boat Quay on sale for $45 million
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.
Heads up for lower-wage workers: MOM orders $1,400 local qualifying salary
It will take effect on 1 September.
What’s fuelling demand for million-dollar flats? analyst explains
Price gaps and limited supply boost demand for the flats.
Chart of the day: Export price index slips by 2.2% in July
It reversed the 1% gain in June.
Market update: STI down 0.59%
Jardine Matheson Holdings had the most growth.
Grab, Singtel-led digital-only bank GXS debuts in Singapore
It has launched a savings account with a customizable pockets feature.
Over 1.6 million sq ft to be added to retail space inventory by 2030
Of the upcoming supply, 392,000 sq feet will be completed in the second half of 2022.
Strata office floor at 15 Scotts on sale for $52.5m
The property will be sold via an expression of interest exercise.
URA launches Bukit Timah Link and Hillview Rise sites for sale under GLS programme
Tenders close on 3 November.
About 600 participants to attend MPA’s 9th international safety sea week
The annual event will discuss issues and practices on maritime safety
Keppel greenlights construction of $750m hydrogen-ready power plant
The power plant will become operational in 2026.
Olam unit receives US$1.98b sustainability-linked loan
Olam unit secures loan from 19-bank consortium.
Bridgewater expands to Singapore
Singaporean base to pave way for pan-Asian market expansion.
Minister for Sustainability Grace Fu to join G20 joint environment, climate meeting
It is the first time for the G20 to convene a ministerial-level meeting.
GuocoLand profit ‘more than doubles’ to $392.7m in 2022
This reflects a 132% growth during the period.
Market update: STI up 0.65%
OCBC Bank posted the highest growth.
Chart of the day: Import price index slips 4.5% MoM in June
Non-oil imports inched up due to higher prices of meat.
Read Here
Advertise
Sign Up
Commentary
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?