Residential Property
Mandarin Oriental narrows net loss by 78% in FY2024
Mandarin Oriental narrows net loss by 78% in FY2024
                                                                                                 
                        
                          Loss for the period eased to $104.6m from $4.8b a year ago.
                    
                                        
                    
                Mount Pleasant BTO launch to see high demand in October: analysts
                                                                                                 
                        
                          The growing supply of new HDB flats could help moderate price growth in the resale market.
                    
                                        
                    
                Ultra-rich population set to grow 9.7% by 2028: report
                                                                                                 
                        
                          Luxury home prices are expected to see positive growth in 2025, supported by limited supply and strong foreign demand.
                    
                                        
                    
                Oei Tiong Ham Park property up for sale at $42.8m
                                                                                                 
                        
                          Nestled in District 10’s Oei Tiong Ham Park, the property sits within one of Singapore’s GCB areas.
                    
                                        
                    
                Residential developers should expect ‘uneven’ sales performance this year
                                                                                                 
                        
                          Data also shows that suburban projects have stronger performance versus central areas.
                    
                                        
                    
                Gov’t announces enhancements to Silver Housing Bonus
                                                                                                 
                        
                          More private property owners will qualify for the scheme.
                    
                                        
                    
                Lukewarm bid for Media Circle site highlights developer caution
                                                                                                 
                        
                          The site only attracted three bids.
                    
                                        
                    
                HDB’s first BTO at Mount Pleasant may be highly coveted: Huttons
                                                                                                 
                        
                          Prices of a 4-room flat may start from $525,000.
                    
                                        
                    
                SG real estate investments up 19% YoY
                                                                                                 
                        
                          The residential segment had the highest investment volume.
                    
                                        
                    
                HDB resale prices up 9.8% YoY in February
                                                                                                 
                        
                          Resale prices inched up 0.9% MoM.
                    
                                        
                    
                LBC rates hike to have minimal impact on overall land market
                                                                                                 
                        
                          Short-term investment activity is expected to remain reserved.
                    
                                        
                    
                Singapore revises LBC rates for March–August 2025
                                                                                                 
                        
                          The revised rates affect six use groups.
                    
                                        
                    
                Singapore ranks top choice for high net worth individuals: report
                                                                                                 
                        
                          Single Family Offices in Singapore have increased to 1,650 from 400 in 2020, as of 2024.
                    
                                        
                    
                Thakral Corporation more than triples net profit to $28.8m in FY2024
                                                                                                 
                        
                          Its revenue rose by 36% YoY to $288.8m.
                    
                                        
                    
                UOL net profit down 49% in FY2024
                                                                                                 
                        
                          Revenue from property development decreased by 1% to $1.2b.
                    
                                        
                    
                CDL Chairman Kwek Leng Beng moves to oust son over 'attempted coup'
                                                                                                 
                        
                          He also pointed to financial missteps under his son's leadership.
                    
                                        
                    
                Banyan Tree net profits up 33% in 2024
                                                                                                 
                        
                          The group attributed this to a 15% increase in operating profit.
                    
                                        
                    
                
                                
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
						
				
                
                
                
                
                
                
                
                
Commentary
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections
Singapore’s next 60 years begin by strengthening its foundations for AI
Competing on value, not price: Why managers must rethink customer propositions
AI models are hungry for your data, so don’t just give it away
AI and uncertainty: Can Singapore enterprises turn risk into resilience?