The government cautions Singaporeans from the lure of cheap mortgages, and to remain prudent “given the labour market uncertainties in the current economic situation”. While the COVID-19 pandemic has triggered Singapore’s worst-ever recession, it has not deterred Singaporeans from snapping up properties, reported Reuters. The Singapore government expects the economy to drop by 5% to 7% this year,...
ERA APAC Centre’s Transformation Ceremony on 11 November, attended by Minister Demond Lee, unveiled digital initiatives aimed at making property transactions efficient and seamless. Image credit: ERA ERA Singapore (ERA) has unveiled end-to-end digitalisation initiatives for its agents and customers at its Q4 Career Advancement Day on Wednesday (11 November). National Development Minister Desmond Lee...
SURBANA Jurong group has acquired a majority stake in London-headquartered Atelier Ten as part of the former's intention to increase its focus on sustainability. SURBANA Jurong group has acquired a majority stake in London-headquartered Atelier Ten as part of the former's intention to increase its focus on sustainability. The Business Times - Read...
OCBC is of the view that while online sales will continue to grow in Singapore, this does not mean the end of the road for brick-and-mortar stores, with suburban malls outperforming those located elsewhere. OCBC is of the view that while online sales will continue to grow in Singapore, this does not mean the end of the road for brick-and-mortar stores, with suburban malls outperforming those located...
THE removal of certain pricing data linked to home buying by foreigners from an Urban Redevelopment Authority (URA) platform has highlighted the importance of data transparency. THE removal of certain pricing data linked to home buying by foreigners from an Urban Redevelopment Authority (URA) platform has highlighted the importance of data transparency. The Business Times - Read...
PROPERTY company UOL Group on Wednesday said headwinds remain, although its retail portfolio's committed occupancy remains stable, with average daily footfall in the third quarter having recovered to 54 per cent of pre-Covid levels. PROPERTY company UOL Group on Wednesday said headwinds remain, although its retail portfolio's committed occupancy remains stable, with average daily footfall in...
UNITS of Ascendas Real Estate Investment Trust (Ascendas Reit) lost ground on Wednesday after its manager announced it was readying a war chest to acquire data centres and office buildings overseas. UNITS of Ascendas Real Estate Investment Trust (Ascendas Reit) lost ground on Wednesday after its manager announced it was readying a war chest to acquire data centres and office buildings overseas....
PROPERTY company UOL Group on Wednesday said headwinds remain, although its retail portfolio's committed occupancy remains stable, with average daily footfall in the third quarter having recovered to 54 per cent of pre-Covid levels. PROPERTY company UOL Group on Wednesday said headwinds remain, although its retail portfolio's committed occupancy remains stable, with average daily footfall in the...
LOCKDOWNS, travel restrictions and hotel closures - Frasers Property felt the full force of the Covid-19 pandemic, reporting a S$45.7 million loss for its second half, compared to hefty net earnings of S$294.3 million a year ago. LOCKDOWNS, travel restrictions and hotel closures - Frasers Property felt the full force of the Covid-19 pandemic, reporting a S$45.7 million loss for its second half,...
UNITS of Ascendas Real Estate Investment Trust (Ascendas Reit) lost ground on Wednesday after its manager announced it was readying a war chest to acquire data centres and office buildings overseas. UNITS of Ascendas Real Estate Investment Trust (Ascendas Reit) lost ground on Wednesday after its manager announced it was readying a war chest to acquire data centres and office buildings overseas....
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