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Construction on two Jurong Region Line stations to be completed by 2029

Construction for the two new Jurong Region Line stations located near Enterprise Road and Jalan Tukang is expected to be completed by 2029. Construction works for two Jurong Region Line (JRL) stations are expected to start this month, and is slated for completion by 2029, announced the Land Transport Authority (LTA) on Wednesday (12 May). The two stations, namely JS9 and JS10, will be located near...

Singapore’s condo resale volume hit 11-year high in April

Singapore’s condo resale volume hit 11-year high in AprilSales volumes for resale condominiums in Singapore grew 528.7% from last year, to hit an 11-year high of 1,993 transactions in April 2021. Singapore saw 1,993 resale condominiums sold in April, up 528.7% from last year and 125.2% higher as compared to the five-year average volumes seen for April. The figure also marks the highest since April...

Sasseur Reit DPU up 31.9% to 1.759 S cents in Q1

SASSEUR Real Estate Investment Trust (Sasseur Reit), which owns outlet malls in China, posted a 31.9 per cent rise in its distribution per unit (DPU) to 1.759 Singapore cents for the first quarter ended March 31, 2021, from 1.334 cents a year ago. The Business Times - Read...

One-off factor lifts Frasers Property’s H1 profit

A "ONCE in a very blue moon" factor helped Frasers Property post an 18 per cent rise in net profit to S$275.8 million for the first half ended March 31, even as revenue fell 26.6 per cent to S$1.57 billion, from S$2.13 billion a year ago as the group felt "the full brunt of the pandemic". The Business Times - Read...

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