News
HDB prices closing in on private condo's
HDB prices closing in on private condo's
Condominiums in the mass and mid-tier market segments have been leading an upward trend in transacted prices and price positioning. Current all-time high prices for HDB transactions, including a HDB penthouse maisonette in Queenstown, which was almost sold for S$900,000 two weeks ago, seem to be bridging the price gap between private properties and public dwellings.
Luxury property prices could rise 20% in 2010
Property group Colliers International says luxury properties will outpace mass market as prices set to soar this year.
Sales in mid-end private property market soared in March
72% of the 1,761 transactions were at a median price of $1,000psf or more.
ACRA launches initiatives promoting voluntary compliance amongst companies
Agency intends to develop voluntary compliance on corporate regulatory requirements through non-penal measures and public education.
MTI upgrades Singapore's 2010 growth forecast to 7%-9%
Manufacturing sector’s 139% expansion paved the way to increase GDP growth forecast from earlier 6.5%-7.5% estimate.
Keppel marine arm to acquire Brazilian shipbuilding yard
US$50mln Keppel Singmarine Brasil eyed to build an average of 8 vessels a year.
IDA simplifies telecommunication dealer licensing and equipment registration framework
Enhanced framework offers telecom licensees convenience as well as time and cost savings.
CapitaMalls Asia dogged in Japan but China rocking
The Japanese aren't shopping and CapitaMalls Asia outlets in Japan stand 20% empty, but the good news is China is rocking.
More government sites up for redevelopment
Over the last two weeks, the government has signaled an interest to release iconic projects and substantial land parcels for redevelopment.
A record 4.9mln passengers flew with Tiger in FY09
In the year ended 31 March 2010, the number of passengers that chose Tiger Airways saw a 54% increase compared to the previous year.
Sembcorp Marine's order book declined 38.6%
The marine and offshore engineering group is investing in three new shipyards as part of its expansion plans following a decline in its order book from S$9.0 billion FY2008 to S$5.5 billion in FY2009.
CapitaMalls puts up S$2bln EMTN Programme
The Euro-Medium Term Note Programme, established by CapitaMalls Asia Treasury Limited, will be unconditionally and irrevocably guaranteed by CapitaMalls Asia Limited.
Temasek now owns 5% stake: Cosco
The state investor has become a substantial shareholder of Cosco, next to China Ocean Shipping (Group) Company.
A*STAR and EDB launch MEMS consortium
Bringing together 8 MNCs and local enterprises, the collaboration aims to grow Singapore’s Micro-Electro-Mechanical-Systems industry.
URA to launch first sale site in Jurong Lake District
Located next to the Jurong East MRT station, the district’s first sale site at Jurong Gateway Road has a land area of 1.9 ha and a potential gross floor area (GFA) of about 107,000 sqm of space.
Nominations for Ernst & Young Entrepreneur Of The Year 2010 open
Program supports need for entrepreneurship and globally competitive enterprises.
SGX seeks views on Nikkei Dividend Index Futures
Comments on contract can be posted on SGX website from until 19 April.
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