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November 2020

Sabana-ESR-Reit merger: Minority unitholders should make voices heard

IT is not often that minority shareholders get the chance to determine the outcome of a significant corporate deal, but the proposed merger between Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) and ESR-Reit is one such instance since substantial shareholders, both managers and concert parties will abstain from voting. The Business Times - Read...

More expats from Hong Kong turning to Singapore property market

Of the total sales registered in the first nine months of 2020, 260 units were snapped up by foreigners. Buyers from China or Hong Kong accounted for 75% of foreign buyers. Property buyers from Hong Kong, and other expats, have been flocking to Singapore since the end of the government’s “circuit breaker” lockdown in June – helping boost the city-state’s property market. Among them was David, a...

The Landmark sells over 90% of units launched over the weekend

Over 90% of the 120 units released sold at an average price of $2,250 per sq ft (psf). Most of the units sold were one-bedders which were transacted from $1,955 psf. Image: Landmark JV Pte. Ltd The Landmark condominium along Chin Swee Road received robust interest during its weekend launch, with over 90% of the 120 units released sold at an average price of $2,250 per sq ft (psf), reported The Straits...

Over 300,000 HDB households to receive $225 worth of vouchers

Eligible households will receive three types of e-vouchers – $25 to purchase LED lights, $50 for water-efficient shower fittings and $150 for climate-friendly refrigerator. Over 300,000 households in one-, two- and three-bedroom HDB flats will receive $225 worth of vouchers to help them buy energy and water efficient appliances under a programme launched by the National Environment Agency (NEA) as well...

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