Topic of Interest: #Investment (23,695 Articles Found)

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Nanofilm to purchase property in Tai Seng Drive for S$30.38m

Nanofilm Technologies on Fri said that it has exercised an OTP to buy a property along Tai Seng Drive for S$30.38 million. A check on property portal 99.co revealed that the property, at No. 11 along the road,…

Four shophouses in districts 1 and 2 put on the market

Four shophouses in CBD, including two at Tanjong Pagar, one at Telok Ayer and another at Pagoda St, have been put up for sale by ERA. All four are zoned for commercial use. The newly renovated conservation shophouse…

Robots to make food deliveries from Westgate mall to JTC Summit in upcoming trial

Autonomous robots that perform the job of a food delivery rider will be on trial in Jurong East in the second half of this year. For a start, it would pick up bubble-tea orders from HeyTea, located on…

Retailer Naiise to close last S’pore outlet at Jewel Changi Airport, some vendors owed up to S$10,000

Homegrown store Naiise, known for selling products such as clothing and shoes by local designers, will close its last physical store here, at Jewel Changi Airport, on Sun. Vendors told TODAY they are owed up to S$10,000 in…

Projects completing between now and 2023: What to look out for

Covid-19 may have wreaked havoc on the construction sector last year, and disrupted property developers’ otherwise peerless track record with respect to completing their residential projects on time or even ahead of schedule. This year, about 21 private…

Designer Robert Cheng’s garden home concept for Swire Properties’ Eden

Eden, the 20-unit condominium block at Draycott Drive, was never officially launched for sale. Few, except the ultra-high net worth, have ventured beyond the threshold of the property developed by Hong Kong-listed Swire Properties, especially now that all…

Four-bedroom unit at Leonie Gardens reaps profit of $2.35 mil

A four-bedroom unit at Leonie Gardens, measuring 2,540 sqft, was the most profitable unit that changed hands during the week of Mar 23 to 30. The fifth-floor unit was sold on Mar 26 for $3.8 million ($1,496 psf), after…

Amalgamated four-bedroom unit at Martin No. 38 selling for $6.7 mil

Even though it was completed a decade ago, the loft-inspired, 88-unit Martin No. 38 developed by SC Global and designed by Kerry Hill Architects continues to attract the well-heeled as well as professionals in the banking, tech and…

One-bedder at Sophia Hills on the market for $1.1 mil

A 463 sqft, one-bedroom unit at the luxury Sophia Hills condominium — located on Mount Sophia — has been put up for sale at $1.1 million ($2,375 psf) via private treaty by Knight Frank. Sophia Hills is a…

FLCT to join STI from April 13, replacing Jardine Strategic

The manager of Frasers Logistics & Commercial Trust (FLCT) has announced that the REIT will join STI from Apr 13. The inclusion of FLCT into the STI, which tracks the performance of the top 30 companies listed on…

Singapore’s biggest bank to cut office space in home market

DBS Group is poised to trim office space in Singapore, the latest bank to pare its footprint in the city-state during the coronavirus pandemic. SEA’s largest bank plans to surrender about two and half floors, or 75,000 sqft,…

FHT managers appoint Eu Chin Fen as new CEO

The managers of Frasers Hospitality REIT (FH-REIT) and Frasers Hospitality Business Trust (FH-BT) have appointed Eu Chin Fen as their new CEO. Eu will replace outgoing CEO Colin Low, whose last day of service is Apr 9. Eu’s…

Upcoming trade show at MBS to see 2,500 participants, Singapore’s biggest since start of COVID-19

An upcoming trade show at MBS is set to welcome 2,500 participants, making it the biggest of such large-scale business events to be held in Singapore since the start of the COVID-19 pandemic. Set to take place from…

LTA seeks information from industry players on e-vehicle charging infrastructure

The authority, which launched a RFI on Thurs, said that it wants industry players to share, among others, their views on The installation and operation of charging points; The provision and costs of charging services to consumers; What…

HDB resale prices rise for 9th straight month in March with cash over valuation back in play

Delays in BTO flats, rising private property prices and improving market sentiment drove demand in HDB resale market, sending prices climbing for the ninth straight month. Resale prices rose 0.8 per cent in Mar from the previous month,…

Dolce & Gabbana opens first DG Beauty boutique in Southeast Asia

Italian luxury brand Dolce & Gabbana has opened its first DG Beauty boutique in SEA at Ion Orchard. The 92 sqm store will host a selection of fragrances, and for the first time will exclusively sell its makeup…

Circuit breaker reshaped value of office space

Mr Foo Sing Kheng’s view that employees should return to working in the office seems to suggest that the status quo of the past should be maintained. It is this mindset that has kept Singapore’s productivity low. Contrary…

Global trading firm Optiver to open Singapore office

Global market maker and proprietary trading firm Optiver will be opening a new office in Singapore this year, as part of its expansion in the APAC region. The opening of the Singapore office will mark the fifth office…

Lendlease appoints new Asia chief executive based in Singapore

Sydney-based Lendlease, which manages Singapore-listed Lendlease Global Commercial Reit, has appointed Justin Gabbani as its Asia CEO, effective June 1. Based in Singapore, Mr Gabbani will take over from Tony Lombardo, who was appointed group CEO designate in…

Parcel locker network: private or government-owned?

Singapore’s nationwide parcel locker network is set to be owned and operated by the government entity Pick Network, with 1,000 locker stations expected in HDB estates, transport nodes and community centres by end-2021. Ahead of this, some questions…

Will office assets continue to pique investor interest?

The slump in office prices in the Central Area outpaced the decline in rents last year, likely due to the pandemic-linked uncertainties plaguing the office market. While prices and rents for offices have moved in the same direction…

5 tips for Singapore property investors in 2021

1) Know your market – It is imperative that you research the housing markets of the specific neighbourhoods where you are looking to buy or sell. A start would be to look at current prices and compare to…

Chip Eng Seng unit to sell 2 shophouses in Tanjong Pagar for S$10.7m

A subsidiary of property developer Chip Eng Seng Corp is set to sell two conservation shophouses along Tanjong Pagar Road and three units of shophouses along Geylang Road, the company said on Wed. CES Capital Holdings entered into…

New standards for Mice sector launched as S’pore prepares to hold larger events, welcome visitors

Singapore has launched a new certification programme for the Mice sector for large-scale events to be conducted in a safe manner. Event organisers, venue owners and suppliers who meet strict benchmarks and uphold best practices in areas such…

Museum of Ice Cream, Asia’s tallest slingshot among new attractions to open in Singapore in anticipation of tourism recovery

Three new tourist attractions will be opening their doors to visitors here in the coming months. Mr Keith Tan, CEO of Singapore Tourism Board said on Wed that the Government will also be launching a tender for a…

‘Even with money, you can’t source for anything’: Surbana Jurong CEO

It was a problem that having money alone could not solve. Rather, time was of the essence for Surbana Jurong (SJ), the consultancy firm given the mammoth task of converting the cavernous event halls at the Singapore Expo…

Hmlet: a hard lesson in hubris

Reality has set in for co-living operator Hmlet. An overly rapid expansion, a cash crunch and a mgmt exodus have forced the company to rethink its lofty ambitions. Its US-listed, China-based peers, which have experienced similar falls from…

Taiwanese family wants them all in S$293m Draycott deal

The Tsai family of Taiwan behind snack food giant Want Want China Holdings is the party that has bought all 20 units at the completed freehold luxe development, Eden, at 2 Draycott Park. The S$293 million transaction involves…

One-North Eden to open for preview this Saturday

One-North Eden, a mixed-use development project by TID in prime District 5, is set to open for preview this Sat), with bookings slated on 24 Apr when the project is launched. TID Pte Ltd is a JV between…

CBD Grade A rents stabilise in Q1 2021

Singapore saw stabilised rents for Grade A offices in CBD in the first quarter of 2021, falling by only 0.3% q-o-q to $9.54 psf. The downtick was mainly by Orchard and Raffles Place/New Downtown Premium micro-markets which posted…

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