Singapore Property and Real Estate News Portal

Property risks back in spotlight Developers with overseas exposure stay upbeat amid downturn. By Uma Shankari Business Times Singapore THE property business has come full circle for listed developers here. A few years ago, with land prices on the upswing and intensifying competition in Singapore, many property companies ventured overseas into untapped markets in search of [...]

Malay Village area set for a revamp under URA Draft Masterplan 2008 By Imelda Saad, Channel NewsAsia | Posted: 26 May 2008 2007 hrs SINGAPORE: National Development Minister Mah Bow Tan has unveiled some features of the Malay Village facelift under the URA Draft Master Plan 2008. In outlining future plans for the Paya Lebar [...]

Asian stocks slide on renewed credit crisis, inflation worries Posted: 03 June 2008 1901 hrs HONG KONG : Asian stocks slid Tuesday due to fears that high inflation threatened economic growth and following a Wall Street tumble triggered by renewed concerns about the global financial crisis. Japanese shares ended 1.6 percent lower as concerns about [...]

Sim Lian Land puts in top bid of S$52m for Simei Road site Posted: 03 June 2008 1938 hrs SINGAPORE : Only two bids were received in the tender for a residential site at Simei Road, which is being launched under HDB’s Design, Build and Sell Scheme. Property developer Sim Lian Land put in the [...]

Singapore Poly students submit ideas to remake Punggol Town By Chio Su-Mei, Channel NewsAsia | Posted: 03 June 2008 1733 hrs SINGAPORE: The Housing Development Board (HDB) is tapping on the minds of Singapore Polytechnic (SP) students, to remake Punggol Town. The call for ideas is also extended to the general public.www.hdb.gov.sg. Gabriel Seah, a [...]

US stocks mark time amid easing oil, firming dollar Posted: 31 May 2008 0544 hrs NEW YORK – US stocks marked time Friday after three days of gains amid easing oil prices, a firming dollar and consumer spending and income figures in line with expectations. The Dow Jones Industrial Average fell 7.90 points (0.06 percent) [...]

Singapore more prepared for infectious disease outbreak By Hasnita A Majid, Channel NewsAsia | Posted: 31 May 2008 1906 hrs SINGAPORE: Singapore was declared SARS-free five years ago. Learning from that episode, the country is now more prepared to face an infectious disease outbreak. Dr Dessmon Tai was in charge of the Intensive Care Unit [...]

Govt to roll out more initiatives to bring innovation to the marketplace By Imelda Saad, Channel NewsAsia | Posted: 31 May 2008 2117 hrs SINGAPORE: Expect more initiatives to be rolled out this year to help researchers in Singapore transfer their ideas from paper to marketplace. Finance Minister Tharman Shanmugaratnam hinted at this when he [...]

Oil prices slide after US energy report Posted: 30 May 2008 0414 hrs NEW YORK: Oil prices fell sharply in volatile trade on Thursday as traders reacted to a weekly US energy report that revealed a slump in crude oil inventories. Prices had initially jumped higher in the wake of the report’s release, but values [...]

US dollar gains on US growth data, easing oil prices Posted: 30 May 2008 0612 hrs NEW YORK: The US dollar strengthened on Thursday after US growth figures were revised higher, suggesting underlying strength in the economy despite the ravages of the sub-prime mortgage crisis. Dealers said the dollar got a boost after first-quarter US [...]