» DPM Teo says Singapore is on steady growth path
01/08/11 00:00 from Singapore Business News Headlines | Business
Deputy Prime Minister Teo Chee Hean believes that Singapore's economy will grow steadily in the coming year but warned of uncertainties in other countries which could impact Singapore.

» PropNex staff to shave Hair for Hope
01/08/11 00:00 from Singapore Business News Headlines | Business
To raise funds for the Children's Cancer Foundation (CCF), PropNex Realty's Chief Executive Mohamed Ismail, together with more than 30 staff and salespeople, will have their heads shaved on 2 August.

» CBRE revenue climbs 21%
01/08/11 00:00 from Singapore Business News Headlines | Business
Real estate services firm CB Richard Ellis (CBRE) saw continued strong growth in Q2 2011, as revenue climbed 21 percent to US$1.4 billion, from US$1.2 billion over the same period last year.

» FCT to acquire Bedok Point for S$127m
01/08/11 00:00 from Singapore Business News Headlines | Business
Frasers Centrepoint Trust (FCT) plans to acquire Bedok Point from Frasers Centrepoint Limited, a wholly-owned property unit of Fraser and Neave (F&N), for S$127 million.

» New conveyancing measures start today
01/08/11 00:00 from Singapore Business News Headlines | Business
A new set of rules intended to better protect clients' conveyancing money from misappropriation will take effect today.

» MGPA moves into new office at Asia Square
01/08/11 00:00 from Singapore Business News Headlines | Business
MGPA, a private equity property investment advisory firm, has moved its Singapore office to the recently completed Tower 1 in Asia Square, its flagship development.

» Mapletree purchases HK mall for S$2.9b
01/08/11 00:00 from Singapore Business News Headlines | Business
Mapletree Investments Ltd (Mapletree) is venturing into its first commercial property in Hong Kong, with the acquisition of Festival Walk, a major regional retail mall in Kowloon Tong, for around HK$18.8 billion (S$2.9 billion).

» Industrial site for sale in Woodlands: URA
01/08/11 00:00 from Singapore Business News Headlines | Business
A 60-year leasehold industrial site at Woodlands Avenue 12 (Parcel 3) will be launched for sale through a public tender.

» GCB sales slow in July
01/08/11 00:00 from Singapore Business News Headlines | Business
Sales of good class bungalows (GCBs) in July continued to dry up after the slowdown witnessed in the first half of this year, according to agents surveyed by The Business Times.

» New home loan volumes fall 4.2% in Q2
01/08/11 00:00 from Singapore Business News Headlines | Business
The volume of new loans approved in the second quarter dropped 4.2 percent, indicating that the government's property cooling measures have affected demand for new mortgages.

» Lacklustre sentiment amongst property players
29/07/11 00:00 from Singapore Business News Headlines | Business
Property market sentiment among property players fell in the second quarter, with the slowdown most evident in the suburban residential segment, according to a recent survey by the National University of Singapore (NUS) and the Real Estate ..

» CBD office block 35% leased or under offer
29/07/11 00:00 from Singapore Business News Headlines | Business
The 16-storey 137 Market Street building is approximately 35 percent leased or under offer to potential tenants, according to The Business Times.

» Surbana acquires Chengdu residential site for S$126m
29/07/11 00:00 from Singapore Business News Headlines | Business
Township developer Surbana Corporation has acquired a residential site in Chengdu, China for 677 million yuan (S$126 million) through a public tender.

» Lian Beng's net profit jumps to S$48.18m
29/07/11 00:00 from Singapore Business News Headlines | Business
Singapore-based building construction company Lian Beng Group announced that its profit for the full year ending June 2011 has doubled to S$48.18 million, from S$24 million a year ago, mainly attributed to strong performance from its constr..

» Ascott Reit gets permission to redevelop site
29/07/11 00:00 from Singapore Business News Headlines | Business
Ascott Residence Trust has obtained provisional permission from the Urban Redevelopment Authority (URA) for the redevelopment of Somerset Grand Cairnhill Singapore into an integrated hotel-and-residential project.

» Price index for shoebox units revealed
29/07/11 00:00 from Singapore Business News Headlines | Business
Price increases for shoebox units have been outperforming gains in overall apartment prices since the real estate market recovery after the global financial crisis.

» A-Reit still keen on Singapore despite China expansion
29/07/11 00:00 from Singapore Business News Headlines | Business
Even with the planned expansion of Ascendas Real Estate Investment Trust's (A-Reit) assets in China to S$1 billion over the next three to five years, a large bulk of the trust's portfolio still comprises industrial properties in Singapore.

» HK govt to increase residential land supply
29/07/11 00:00 from Singapore Business News Headlines | Business
Kai Tak Development Area in Hong Kong will provide residential land in 2013, while the government will continue to offer such land across Hong Kong, said Permanent Secretary for Development (Planning and Lands) Thomas Chow.

» Frasers to launch Phase 3 of London project in Singapore
29/07/11 00:00 from Singapore Business News Headlines | Business
Frasers Property, the international property arm of Singapore-based Frasers Centrepoint Limited (FCL), is launching Phase Three of its Riverside Quarter residential project in London this weekend at St Regis Singapore.

» Aussie Gen Yers get early start on property investment
29/07/11 00:00 from Singapore Business News Headlines | Business
A recent survey showed that the majority of Generation Y Australians are planning in advance to secure home loans for investment properties.

» Asia Pacific offices set for rental growth and increased capital values
28/07/11 00:00 from Singapore Business News Headlines | Business
The Asia Pacific office leasing market was underpinned by ongoing corporate hiring and expanding accommodation requirements in the second quarter, according to latest research conducted by Jones Lang LaSalle (JLL).

» US mortgage applications drop as interest rates rise
28/07/11 00:00 from Singapore Business News Headlines | Business
Home loan applications in the US have declined, along with an increase in fixed mortgage rates, according to the latest figures released by the Mortgage Bankers Association (MBA).

» Australand net profit up 17% in H1
28/07/11 00:00 from Singapore Business News Headlines | Business
Australand Property Group, a wholly-owned Australian unit of CapitaLand, has announced that its net profit in the first half of 2011 rose 17 percent to A$84.8 million, while its operating profit climbed seven percent to A$64.9 million.

» S'pore luxury home market remains stable, says JLL
28/07/11 00:00 from Singapore Business News Headlines | Business
Singapore's luxury prime market remained stable in the second quarter, as home buyers stayed cautious after recent cooling measures implemented by the government, according to a report from global real estate services firm Jones Lang LaSall..

» CWT subsidiary to develop & lease Jurong industrial project
28/07/11 00:00 from Singapore Business News Headlines | Business
Indeco Engineers Pte Ltd, a wholly-owned subsidiary of CWT Ltd, has signed a conditional development-and-lease agreement with HSBC Institutional Trust Services (Singapore), a trustee of AIMS AMP Capital Industrial REIT (ACCI REIT).

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