April 2021

THE proposed name change of United Industrial Corp (UIC) to Singapore Land Group is more than a cosmetic change, says chief operating officer (COO) Jonathan Eu. The real estate developer also has plans to rejuvenate and gentrify its aged office portfolio, as well as kick-start its ESG (environmental, social, and governance) roadmap. The Business Times - Read...

CO-LIVING startup Hmlet on Thursday laid off more than 20 employees in middle- and upper-management roles to cut costs amid financial woes, The Business Times has learnt. This represents about 20 per cent of its headcount. The Business Times - Read...

ANALYSTS are flagging higher odds of cooling measures in Singapore, as private home prices here rise for the fourth straight quarter, flash estimates show. Elsewhere around the world, other markets are also seeing property prices gain amid low interest rates, despite the economic ravages from a global pandemic. The Business Times - Read...

THE driving force behind rising commercial real estate prices in gateway markets could be coming from foreign buyers and large private equity (PE) funds, rather than low interest rates. The Business Times - Read...

VALUATIONS of green assets could get frothier in the short run, said panellists at Mapletree Investments' annual lecture at the Singapore Management University. The Business Times - Read...

Shown below are the top HDB resale transactions in terms of resale price for the month of March 2021. There is a total of 17 HDB resale transactions exceeding more than $1,000,000 in price. Topping the list is a Bishan DBSS unit located at Bishan Street 24 priced at $1,220,000. The full list of all HDB resale transactions in the month of March 2021 is presented below. To sort and filter the data...

THE odds of a fresh round of cooling measures have been dialled up a notch, with private home prices in Singapore in Q1 rising for a fourth straight quarter. The Business Times - Read...

THE Urban Redevelopment Authority's (URA) flash estimate for the first quarter of this year showed that the overall price index for private homes in Singapore rose 2.9 per cent over the preceding three months. The Business Times - Read...

NOTWITHSTANDING the cloud of uncertainty induced by the Covid-19 pandemic, the primary residential market has seen strong interest from homebuyers and investors, buoyed by positive sentiment, abundant liquidity, and low interest rates. The Business Times - Read...

THE retail sector is dynamic, constantly responding to varying needs and ever-evolving consumer behaviour. Transformed by the Internet, today's retail landscape is a different creature from what it was more than a decade ago, with the pace of change rapidly increasing. The Business Times - Read...