Propnex held their property seminar for Twin Vew, a condo located at West Coast Vale and likely to be launched in April. An estimated 500 people turned up for the seminar held at Genting Hotel Jurong. After Ismail Gafoor, CEO Propnex, and Mr Benjamin Tan, PropNex West Zone leader introduced the highly...
Aug private home sales showed selective buying post cooling measures, in our view. We think that fast asset turn and good sell-through rates are key to margin preservation. Stay sector Neutral. Our sector top picks are City Dev, UOL and HoBee Land.
Symphony Suites, Gem Residences, Parc Botannia and Highline Residences were the best selling projects in the non-landed residential market in January. Selling a total of 194 units out of 522 in the month, these four projects represents a pick up in the private property market since it hit a trough...
Capitaland has been an active player in Vietnam over the years, encouraged by the boom in the economy, growing disposable income and increased propensity by consumers to spend. What has Capitaland been doing in the last few years? Here are 3 things that the company has been doing. ...
Uptown at Perumal is a mixed development along Perumal Road slated to be launched by Low Kheng Huat. It was won via an aggressive land sale bidding in the first quarter of 2017 at S$174.08 million, translating to S$1,000.71 per square foot per plot ratio (psf ppr). Uptown at...
FPL’s 3QFY18 core PATMI of S$157m (-13% YoY) came in above estimates, due to faster-than-expected recognition of development profits in Singapore. Net gearing improved 6%pts QoQ but remains high at 89% and suggests that more properties are likely to be injected into its listed S-REITs. Also read: Parc Esta new launch...
The Singapore property market is starting to show signs of recovery, with en-bloc deals being thrown up almost weekly and an uptick in property price indexes. What are some things equity and stock investors should watch out for going forward? (adsbygoogle = window.adsbygoogle || ).push({}); Maybank Kimg...
Deflation is something many economists have made out to be an economic bogeyman, saying that it could be the worst possible outcome in any economy. Economists and investors would be rightly afraid, given the experience of Japan which is usually mentioned when deflation comes up. However, deflation is rare in the...
At close to 300,000 sq m, it is more than thrice the size of Singapore's ION Orchard and boasts over 600 retail brands. CAPITALAND marked a record year of one million square metres of retail space offering with the opening of its largest mall yet in the Chinese city of...
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What does the year 2018 have in store for Singapore's residential property market? Everyone knows that economists make for poorer forecasters than the weathermen, but economists continue to hold their jobs, the general public continues to want to hear the forecasters divine the future, and the whole prediction cycle continues...
Here are a few private Executive Condominium projects with sales worth nothing in Dec 2017. In general, median prices for ECs sold in Dec 2017 came in at between S$761 psf to S$861 psf. (adsbygoogle = window.adsbygoogle || ).push({}); The EC which had a transaction with the...
On the back of increased en-bloc sales activity and a bullish bid for a Beach Road site recently in Singapore, the overall residential market seems to be picking up. Here are 5 signs in the luxury market that show buyers slowly returning to the scene. (adsbygoogle...
About 60 representatives of institutional investors came together at the MIPIM RE-Invest summit in Cannes, France on Tuesday to discuss the future of commercial real estate. Topics touched on at the 30th edition of MIPIM centred around deals, pricing, e-commerce, climate change, new ways...
BNP Paribas takes 8 floors in Taikoo place as multinationals flee HK's Central BNP Paribas, a $2.4 billion financial giant, has decided that it may not have the cash to maintain an address in Hong Kong’s Central district and is picking up stakes for Quarry Bay. The company, which is the...
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