News
URA private residential property sales down 28%
URA private residential property sales down 28%
Jones Lang LaSalle expects full year’s sales volume to be higher than its previous projection to 14,500 units.
Asia Pacific sees resurgence in property investment volumes in Q3
Direct commercial real estate investments in Asia Pacific totalled US$18 billion this quarter according to Jones Lang LaSalle.
Great Eastern subsidiary and Malaysian company establish JV
i-Great and KAT forms a takaful company that was awarded a Family Takaful licence.
DBS Bank prices S$1.7bln preference shares
The securities to pay a non-cumulative fixed dividend rate of 4.70% per annum.
SIA Cargo inaugurates services to Tokyo via Bangkok and Taipei
New services to enhance economic ties and cooperation between South East Asia and Japan.
Singapore inflation to rise to 4%: MAS
The central bank said the inflation rate will rise by the end of 2010 and stay high in the first half of 2011.
Singapore economy just hit a brick wall - worst quarterly drop since 1975!
News just out today from the MAS shows the economy hit a brick wall, contracting an unprecedented 19.8 % quarter on quarter.
Paramount Hotel and Shopping Centre for sale by tender
The property is a prime redevelopment site in District 15 accessible to Changi Airport, CBD and Orchard Road.
Major investment transactions for industrial properties up to $835.7mln
CBRE expects rents for factories to continue to rise at slower pace in fourth quarter.
Available property investment capital targeting Asia up 29%
DTZ Research predicts 22% increase in available capital for global real estate investment next year to US$281bln
Wilmar barely affected by Indonesian moratorium
The company believes Indonesia has enough non-forest degraded lands to accommodate growth of plantation businesses.
COSCO Guangdong delivers 57,000 dwt vessel to European buyer
18.00 meters high, 32.26 meters wide, and 189.99 meters long bulk carrier is named ALMYROS.
Mapletree Industrial to raise $1.19 in IPO
Offers 594,913,000 units with total gross proceeds of about S$1.19bln to be raised starting on Wednesday.
Hiring in Singapore back to pre-crisis levels
Hays Quarterly Report reveals tight job market and shortage in construction due to the ongoing Circle Line project.
SPRING sets up enterprise development centres for SMEs
EDCs to conduct workshops to educate SMEs on productivity and to tap available government assistance schemes.
K-REIT Asia to acquire one-third interest in Marina Bay Financial Centre
In turn, signed agreement with Keppel Land for S$573mln purchase of Keppel Towers and GE Tower.
Tiger Airways reports 43% increase in passengers
5.6mln passengers chose to fly with carrier from October 2009 to September 2010.
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