Singapore property developers walking a tightrope
Land prices have escalated this year following intense competition in recent land bids.
Land prices have escalated this year following intense competition in recent land bids.
CapitaLand was one of the top performing foreign developers in Vietnam last year, with 1,321 homes sold at a value of S$226.5 million.
The Novotel Melbourne acquisition lowers FHT’s exposure to the post Brexit UK market as well as the declining Singapore market.
DBS says Singapore REITs such as CMT will also enjoy a “relief rally” in the immediate term due to the US Federal Reserve’s decision to delay the rate hike.
Grade A office rents have fallen for five consecutive quarters to S$9.50 psf per month, a cumulative decline of 17%, according to 2Q16 data from CBRE...
MAS said in a statement that refining the refinancing rules under the TDSR framework was in response to feedback from some borrowers who are unable to refinance their existing property loans owing to the application of the TDSR threshold of 60%.
Frasers Centrepoint Limited on Thursday announced that its hospitality arm, Frasers Hospitality Group, will open a 253-unit serviced residence in Putrajaya in 2019.
CapitaLand on Thursday announced the launch of Victoria Park Villas, a landed housing project located in Singapore’s District 10 and the only prime landed residential site to be awarded under the Government Land Sales programme since 1996.
This marks the beginning of CapitaLand’s enhanced asset-light strategy to enlarge its mall network through third-party management contracts to complement its core strategy of developing, owning and managing malls.
It will be the first SGX index to be used as a benchmark index for a new exchange-traded fund.