Daily Briefing: CDL to launch New Futura condo; 3 reasons why a company would be privatised

And here's what you need to know before getting your home insurance.

From PropertyGuru: Property developer City Developments Limited (CDL) is gearing up to launch its New Futura condominium at Leonie Hill Road in prime District 9 sometime in the second half of 2017. Located close to the Orchard Road area, the luxury freehold project will comprise two 36-storey towers with a total of 124 units. Construction is expected to be completed later this year.

From The Motley Fool Singapore: Singapore’s stock market has seen a long list of companies taken private in recent years. Some investors welcome the privatisation attempts as they are opportunities to cash out of a stock. Others may resent privatisations as they would result in a smaller pool of listed companies in the market. Regardless of what your view may be regarding privatisations, it’s worth looking at some important reasons why a company may take the privatisation route. Here are three big ones.

From Zuu Online via Yahoo!: Buying a home is possibly the single largest financial decision that you will take in your life. Most Singaporeans spend long hours visiting various residential properties before deciding on their dream home. Unfortunately, home insurance does not get even a fraction of this attention. You must remember that even though the probability of your home getting damaged by fire or flood is small, it does exist. If you neglect to insure your residential property adequately, you could be exposing yourself to unnecessary risk.