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Analysts are optimistic about FCT as the REIT’s portfolio saw resilient operating metrics for the 1QFY2022 ended December
SINGAPORE (EDGEPROP) - In this column, we look at condominium projects that have achieved new highs in terms of psf prices and those that have seen new lows. This is based on URA Realis data for the period of Jan 8 to 15.Read also: Unit at Rivergate gains $3.82 mil profitHighest psf priceRiverGate hit a new psf price high of $2,798 following the sale of a 1,894 sq ft unit for $5.3 million on Jan 13. The unit sold was a four-bedder located on the 32nd floor. The owner had previously purchased the
What’s the impact of ageing on different types of condos? Do freehold condos hold better value? Does location matter?A thorough analysis using our Market Trend tool indicates a growing gap in the overall average price for freehold and leasehold condominiums as they age. Table 1 below shows the average price of freehold and leasehold condominiums of different ages in 2021. We also compared the average prices of older condominiums against similar new condominiums and compiled the difference.NOTE:
Credit: Samuel Isaac Chua/The Edge SingaporeSINGAPORE (EDGEPROP) - The HDB Resale Price Index (RPI) increased 3.4% q-o-q in 4Q2021, growing at a faster pace than the 2.9% q-o-q growth charted the previous quarter, according to data released by HDB on Jan 28.The RPI for the whole year of 2021 registered an increase of 12.7% y-o-y, its highest growth since 2010, when prices grew by 14.1%.The HDB market was underpinned by a limited supply of new flats and intense competition among home buyers which
In a perfectly logical world, getting a $1,000 raise would mean having $1,000 more to save. Unfortunately, it’s clear this world exists only in the land of unicorns and flying... The post How Singapore’s Lifestyle Inflation Keeps You Poor Even As Your Income Rises appeared first on MoneySmart.sg.
Crypto revenue was US$48 million ($64.9 million), a 6% decline from the prior quarter, missing the US$55 million average estimate
The Philippines signed a contract with India’s BrahMos Aerospace Pvt. Ltd. for an P18.9-billion ($369 million) shore-based anti-ship missile system, boosting defense ties between the two nations locked in separate territorial disputes with China.
The group’s results for the FY2021 will be released on or around Feb 24.
Singapore’s non-resident workforce expanded for the first time in two years last quarter, driven by an increase in the construction sector.
Warren Buffett’s net worth has risen US$2.4 billion this year to US$111.3 billion, and now tops Mark Zuckerberg by US$1 billion.
The purchase follows acquisitions in India and China by Singapore's largest lender. The post DBS is Purchasing Citi’s Taiwan Division for S$2.2 Billion: 4 Things Investors Should Know appeared first on The Smart Investor.
Going by what had happened in the previous two Tiger years, we can expect that this coming Year of the Tiger will not be smooth sailing for the markets either.
SINGAPORE (EDGEPROP) - Office space rentals increased by 0.9% in 4Q2021, reversing from the 3.5% decrease in the previous quarter, according to data released by the URA on Jan 28.For the whole of 2021, rentals of office space increased by 1.9%, compared with a decline of 8.5% in 2020.Cushman & Wakefield’s head of research Wong Xiang Yan notes that the growth in 4Q2021 rental rates was propelled by a higher increase in Central Area rents (up 0.8% q-o-q) as compared to Fringe Area rents (up 0.3% q
Toyota retained its crown as the world's top-selling automaker on Friday, having overcome a chip shortage and supply chain woes to beat Volkswagen for a second straight year.
The Beachfront Collection is the only brand new, multi-dwelling landed development in the Pasir Ris Park landed enclave. (Picture: Sevens Group)For more than a decade, leading property developer Sevens Group has designed and delivered legacy homes that have resonated with many discerning homeowners. Its latest offering is a collection of three landed homes along Pasir Ris Way in District 18.The three properties form The Beachfront Collection which rests on approximately 10,000 sq ft of land. Tak
The sub-sale of a four-bedroom unit at Boulevard 88 marks the first resale transaction at the luxury condo, close to three years after it was launched for sale in March 2019.SINGAPORE (EDGEPROP) - A 2,777 sq ft, four-bedroom unit at Boulevard 88 changed hands in a sub-sale for $12.50 million on Jan 12. It marks the first sub-sale at the 154-unit luxury project since it was launched in March 2019.The unit was originally purchased for $9.38 million ($3,378 psf) from the developer in June 2019. Thu
China-Vietnam road border crossing presently experiencing delays by 20-30 days DHL Global Forwarding, the first international forwarder to launch the two-way China-Laos rail service, sees rapid demand with 20-24 hour transit time and costs up to 50% less than airfreight Vientiane and Kunming key as multimodal hubs for China-ASEAN trade SHANGHAI, CHINA - Media OutReach - 28 January 2022 - Heavy road congestions on the China-Vietnam border due to local COVID-19 related situations have resulted in
The company is maintaining an interim dividend of 6 cents per share
DPS for the FY2021 grew 43% y-o-y to 4.32 cents.
Apple reported record $124 billion quarterly revenue on Thursday, despite a global chip pinch and shifting impacts of the pandemic that have weighed down other big tech players.
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