Business
Singapore's First Casino to Open February 14
SINGAPORE — Singapore's first casino will start operating on Sunday, in time for the Lunar New Year, the operator said Thursday.
Singapore Economy May Shrink by Record as Trade Falls
Singapore said its economy may shrink as much as 9 percent this year, the most since independence in 1965, as a deepening global recession drives down exports and manufacturing.
Singapore dollar at new multi-year low against Hong Kong currency
During early deals on Monday, the Singapore dollar traded down against the Hong Kong currency.
42% of Caspian’s units snapped up
Singapore’s softening property market has not dampened investors interest with 42 percent or 300 out of 712 units of Frasers Centrepoint Homes development, Caspian, snapped up during the first phase of its launch.
Property players look beyond black January
As they say, it is always darkest before the dawn. So it may be with the 107 private homes that developers sold last month.
Condos still hot property
DESPITE the recession, demand for condominiums is still high, going by two recent launches.
The murky world of real estate practices
THE world of Singapore real estate can seem all too murky to many, with opaque institutions and questionable deals.
S'pore's inflation may ease: Tharman
SINGAPORE'S inflation may slow in the second half from the preceding period, Finance Minister Tharman Shanmugaratnam said in Jakarta on Friday.
Welcome to a new corporate world
Please be kind at the workplace! Hard times are hitting. Boss pressure on subordinates, competition between staff members, respect for performance only, all those factors destroy the image of the workplace as a location suitable for normal, s...
Rise In Singapore Office Rents To Slow This Year
Office rents in Singapore are likely to rise at a slower pace this year, even as supply, especially in prime areas, remains tight. Robust demand for grade A office space by financial institutions and other companies will still contribute to overal...
S'pore mass market safe, high end may take a hit
Luxury-home prices in Singapore could fall by up to 20% in 2008, assuming sub-prime woes don't end this year. But the mass market may hold its own or ease by 5-10% at most. This was the worst-case scenario according to an informal survey of local ...
Property speculation: Bought last year - Stuck this year
BUSINESSMAN Alan Lim is a seasoned property investor, so he knows the value of not losing his nerve in testing times like now. Last year, when the property market was scorching hot, he picked up a new condominium unit at Lumiere off Shenton Way fo...
Woha Architects: If they could, they’d throw out the air-con
In this new series on leaders in building design, the founding directors of award-winning Woha Architects reveal their passion - designing energy-efficient buildings suited to the climate - as well as peeve, the demolition of buildings worth conse...
Experts say Singapore's Grade A office rentals to continue rising in 2008
Rentals of Grade A offices in Singapore are expected to continue rising this year. According to property consultant Savills, average office rentals here may even nudge above that of Hong Kong’s, currently the highest in the region.
Singapore beckons with dream home
Dreaming about owning a home in Singapore? Get ready this weekend, as the largest developer from the island state comes calling. Far East Organisation will showcase around 100 villas and 1,200 apartments, each priced between Rs 2.5 crore and Rs 15...
CapitaLand Net Rises 49% on Investments, Home Sales
CapitaLand Ltd., Southeast Asia's largest developer, said fourth-quarter profit jumped 49 percent as property investments rose in value and the company sold more homes in China, Australia and Singapore.
Singapore's office rents higher than Hong Kong's
Singapore - Office rents in Singapore are now higher than in Hong Kong, a property firm said Friday. Total occupancy cost in the city-state reached 10.42 US dollars per square foot (112.16 dollars per square metre) per month at the end of last yea...
Singapore: Auric Pac sells office building for $99m
LIPPO unit Auric Pacific has sold One Phillip Street in the Raffles Place area to UK-based New Star International Property Fund for $99.02 million or $2,736 per square foot of the 999-year leasehold building’s net lettable area (NLA).
Singapore's MMP REIT initiates strategic review after Macquarie receives offers
SINGAPORE - Singapore-listed shopping mall and office landlord Macquarie MEAG Prime Real Estate Investment Trust (MMP REIT) said it will conduct a strategic review of its operations after its controlling shareholder, Macquarie Real Estate, receive...
Maybank’s home loan rate cut sets cat among pigeons
Maybank has fired a salvo that could shake up the home loan market here by slashing its rates. This has led to speculation that banks might start to undercut each other to drum up business. Meanwhile, the banks themselves are adopting a cautious s...