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News and Updates

Prime Commercial Property Market In Asia Pacific Remained Healthy

According to a property consultancy firm, the Asia Pacific prime commercial property market remained healthy, particularly in terms of rents and investment sales. This is despite the weaker growth prospect in the Asia Pacific economy resulting from China’s slower economic…
  • Permalink
  • Posted: November 15, 2013
  • Tags: Lianhe Zaobao

Stabilising The Industrial Sector

According to Colliers International, the stability seen in the industrial property market in the first half of 2013 can be attributed to a culmination of past efforts by the government to rein in industrial property rents and prices, ensuring that…
  • Permalink
  • Posted: November 15, 2013
  • Tags: The Business Times

Rejuvenation Of Tanjong Pagar

The Singapore office market has seen positive rental gains in the first half of 2013, clearly signalling that the bottom of the cycle has passed, with the future looking positive. While Singapore continues to lead the region for banking and…
  • Permalink
  • Posted: November 15, 2013
  • Tags: The Business Times

S’pore Real Estate ‘Still Attractive’ To Foreign Players

Foreign developers and investors are still very keen on buying Singapore real estate, the head of the property developers’ industry body said on September 11. Mr Chia Boon Kuah, president of the Real Estate Developers’ Association of Singapore (Redas), who…
  • Permalink
  • Posted: November 15, 2013
  • Tags: The Straits Times

Labour Market To Stay Tight This Year

More jobs were created in the April-to-June quarter. The economy gained 33,700 more jobs during the second quarter, up from 28,900 in the first three months. This is despite the unemployment rate – at 1.8 per cent last December –…
  • Permalink
  • Posted: November 15, 2013
  • Tags: The Business Times

Prime Office Rents Reverse Decline With 1.4% Rise In Q3

Prime office rents crept up in Q3 amid higher leasing enquiries, according to a property consultancy firm. Reversing seven consecutive quarters of negative or flat growth, prime Grade A+ rents in Marina Bay and Raffles Place posted an increase of…
  • Permalink
  • Posted: November 15, 2013
  • Tags: The Business Times

Singapore’s Dynamism Dims As Growth wanes

Weaker labour productivity and tepid economic growth have pushed Singapore off its first place perch to seventh position in a global ranking of economic dynamism. “We should be clear what the index measures … Singapore has not worsened as an…
  • Permalink
  • Posted: November 15, 2013
  • Tags: The Business Times

Costly, But Singapore Is Value For Money

In its latest World Cities Review, a property consultancy said that in absolute terms, Hong Kong has the highest total accommodation costs among 10 cities studied, at US$1.625 million annually, followed by New York and London which had total annual…
  • Permalink
  • Posted: November 15, 2013
  • Tags: The Straits Times

US Data Firm Eyes Singapore For Asia-Pac HQ

The American tech firm IO will sharply increase its investment here as it moves to make Singapore the centre of its operations across the Asia-Pacific – and eventually the world. Chief executive George Slessman said on September 18 that it…
  • Permalink
  • Posted: November 15, 2013
  • Tags: The Straits Times

Singapore’s Edge Goes Beyond Labour Policies

Singapore can, for now, boast that it came in second for a third straight year on the World Economic Forum’s Global Competitiveness Report 2013-2014’s ranking of 148 economies, thanks to strong financial market development, infrastructure and institutional frameworks. Significantly, Singapore…
  • Permalink
  • Posted: November 15, 2013
  • Tags: The Business Times
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