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March 2021

Freehold residential land in Braddell Heights Estate on sale for $1,000 psf

Freehold residential land in Braddell Heights Estate on sale for $1,000 psfPotential buyers can make additions and alterations to the existing homes or redevelop the site into two linked-bungalows or detached houses. It added that multi-generation houses can also be built on the site. Photo: Knight Frank Two adjoining, freehold residential plots of land at Vaughan Road within Braddell Heights Estate have...

Australian mall recovery bolsters SPH Reit’s H1

QUICKER recovery in its Australian malls has helped to boost SPH Reit's first-half performance, as the trust reported a distribution per unit (DPU) of 1.24 Singapore cents for its second quarter, culminating in a DPU of 2.44 Singapore cents for the first-half period. The Business Times - Read...

No monetary policy change in April by MAS despite hike in inflation

Economists do not expect the Monetary Authority of Singapore (MAS) to change its monetary policy despite the hike in inflation and economic recession.  Despite the hike in inflation, economists do not expect the Monetary Authority of Singapore (MAS) to change its monetary policy in its upcoming semi-annual meeting in April, reported Channel News Asia (CNA). This comes as the Singapore economy, which...

Malaysia pays $102.8 million to Singapore for terminated KL-Singapore HSR project

Malaysia pays $102.8 million to Singapore for terminated KL-Singapore HSR projectBased on the agreement, the termination compensation includes abortive costs but not land acquisition costs since the value of the land can still be recovered, said Singapore’s Transport Minister Ong Ye Kung. Malaysia has paid Singapore over $102 million as compensation for the terminated Kuala Lumpur-Singapore High-Speed...

Australian mall recovery bolsters SPH Reit’s H1

QUICKER recovery in its Australian malls has helped to boost SPH Reit's first-half performance, as the trust reported a distribution per unit (DPU) of 1.24 cents for its second quarter, culminating in a DPU of 2.44 cents for the first-half period. The Business Times - Read...

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