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 [...]

KUALA LUMPUR – Malaysia’s economy is not expected to fall into recession and its currency could gradually firm over the medium term, the central bank chief was quoted on Saturday as saying. Economic growth next year would hit the 3.5 per cent official target, with policies in place to contain the fallout from the global [...]

NEW YORK – Merrill Lynch & Co said on Friday that the majority of its best-performing financial advisors will join Bank of America Corp (BOA) when that bank buys Merrill at the end of the year. More than 6,200 advisors accepted a retention package offered by BOA that was targeted at the top-producing brokers, a [...]

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 [...]

Economic slowdown seen putting brakes on energy efficiency drive here GREEN development in the building space is likely to take a backseat among some organisations given the economic slowdown because the benefits are not tangible in the short-term, a building consultant said. This is despite it being the ‘most ideal time’ to invest in green [...]