Singapore Property and Real Estate News Portal

THERE were some errors in our report, River Valley condo Luma relaunches with prices halved (BT, Nov 14). The condominium is located at River Valley Grove and not St Thomas Walk. The number of units sold earlier was not 10, but six. BT also understands that the developer, Novelty Group, purchased the site for around [...]

ZURICH – Swiss bank UBS AG, under pressure at home to give up on hefty bonus schemes in the face of its poor performance, said on Monday it will introduce a more transparent pay system for top executives. The bank, which is struggling in the sub-prime crisis and whose shares slumped to a new all-time [...]

JAKARTA – Indonesia’s central bank said on Friday the country’s US$220-billion banking system ‘remains steady and solid’ despite a scare after a small bank failed to settle interbank payments. However, the monetary authority warned that growth in Southeast Asia’s biggest economy next year will be far less than its forecast of 6.5 per cent in [...]