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Strong positive rental reversion to only come in 2013, says DMG Research.

But good news for potential buyers as the 95-unit development at Upper East Coast Road remains discounted at preview price of around $1,380 psf on the average.

And the years going forward will see Singapore Airlines (SIA) attempting to take a larger slice of the no-frills market while merging and acquisitions among other locally-based airlines will become a winning response, says DMG Research.

Moderate rebound in corporate travel continues throughout 2011 benefitting hoteliers, says Royal Plaza on Scotts which already saw 11% increase in the average room rates (ARR) in the first six months while enjoying healthy occupancy rate at 85%.

Show flats for SJ Capital’s Jool Suites at Farrer Park and MCL Land’s Uber 388 at Upper East Coast Road will be ready on Thursday (July 28) and Friday (July 29), respectively, prior to their official launches next month, sources from Huttons Real Estate Group said.

The slow take up could be due to the following: "[The negative points are] it is strata title, in an already heavily traffic congested area and too near the road," said a market watcher via e-mail while noting a high risk of road widening in the future.

DMG negates UOB’s earlier loss projection of $35m-$60m for Tiger Airways as a result of the fiasco saying that with the top management now occupied by Singapore Airlines’ former boss, it would only be just a matter of time before we see confidence coming back for the budget carrier.

It’s giving away free ice cream at Raffles Place to get people to sign up for a warrant trading competition.

Will it sell out like its sister development Centra Heights?

On June 1, Transcu received a firm commitment from CEO Akihiko Matsumura for the $5m shareholders loan, but according to sources, the loan “is still not physically within the company yet”.

Singapore Airlines Chief Executive Officer Goh Choon Phong has issued today, July 14, a public letter apologising for the inconvenience that their new website has caused but customers said that they want the old one back while the firm make necessary changes.

The motor insurance industry has seen steady losses over the last few years and this is an area that general insurers face challenges in, said industry players interviewed by Singapore Business Review.

Good news for Tiger as CASA says its aim is to get Tiger flying again, but still no word on when the ban may be lifted.

The decision of Australia’s Civil Aviation Safety Authority (CASA) to extend the grounding of Tiger Airways from flying to Australia will not come as early as today. But if ever the Australian regulators decided to apply extension, the ban could last for over a month, said CASA corporate communications manager Peter Gibson.

It’s not a question on whether former SIA boss will be able to save Tiger Airways. Surely he will as aside from his wide experience in managing airline operations, Chin Yau Seng will be motivated to protect Singapore Airlines’ interest, according to analysts.

EXCLUSIVE: The Herald Sun had reported that SIA was sending executives to meet with CASA, but SIA has told SBR that was incorrect.