2021

WITH two more trading weeks left for the year, the benchmark Straits Times Index has gained 13 per cent in total returns in 2021 to date (as at Dec 15, 2021). All sectors in the Singapore market have yielded positive total returns led by the energy (63 per cent), financials (30 per cent) and technology (29 per cent) sectors. The Business Times - Read...

Perfect Ten sells 5% of units at launchPerfect Ten sold 12 out of 230 units during its launch weekend. In the first high-profile sale following the government’s announcement of new property cooling measures, luxury condo Perfect Ten witnessed a muted launch on Sunday (19 December). Located in Bukit Timah Road, the freehold development sold 12 out of 230 units as of Sunday evening, reported The Straits...

Singles can apply on their own under new rental flat schemeUnder the new rental flat scheme, singles can apply for a public flat individually; an appointed operator will then match them with another tenant, based on similarities. Singles who want to apply for a public rental flat need not worry about finding a flatmate first under a pilot programme that matches them with another tenant based on their...

CITY Developments Limited (CDL) has acquired a 250-year leasehold site in Birmingham, UK for a purchase consideration of £6.5 million (S$11.8 million), to develop an octagonal-shaped residential skyscraper that it plans to rent. The Business Times - Read...

DESPITE anticipating negative knee-jerk reactions on the share prices of property players following Wednesday's (Dec 15) announcement of earlier-than-expected round of cooling measures, several brokerages continue to back these stocks. The Business Times - Read...

MAINBOARD-LISTED property developer SingHaiyi on Friday (Dec 17) morning said it has lost its free float and will be delisted, as its controlling shareholders' voluntary unconditional cash offer secured 95.8 per cent valid acceptances as at 6 pm on Thursday. The Business Times - Read...

TRANSACTION costs have just gotten a lot higher for those who are thinking of using their year-end bonus to help fund the purchase of another private home here for investment. The Business Times - Read...

SINGAPOREAN crypto billionaire Zhu Su is understood to be in the early stage of buying a bungalow in Yarwood Avenue on 31,862 square feet of land for S$48.8 million. The price works out to S$1,532 per square foot (psf) on the land area. On the 999-year leasehold site is an old 2-storey bungalow with 6 bedrooms that is understood to be leased currently. It is ripe for redevelopment. The Business Times -...

REAL estate fund manager ARA Asset Management's (ARA) Korea subsidiary has acquired Marble Arch Place - a newly developed mixed-used commercial asset in London - for £280 million (S$509 million). The Business Times - Read...

SINGAPOREAN crypto billionaire Zhu Su is understood to be in the early stage of buying a bungalow in Yarwood Avenue on 31,862 square feet of land for S$48.8 million. The Business Times - Read...