News

Chart of the day: Auction listings skyrocketed 103.4% in Q1

Homeowners who found it difficult to dispose of properties following July's cooling measures turned to auction listings.

SPH REIT's Q2 results get boost from Australia buy

It bought 85% of Figtree Grove Shopping Centre at a post-cost yield of 5.7%.

Property investment sales dropped 52% to $5.3b in Q1 2019

The 82% YoY drop in residential investment sales contributed the most to the decline.

STB ties up with Alibaba for Chinese traveller analytic tools

The collaboration aims to boost Chinese visitor arrivals and spending.

Hyflux sues would-be white knight SM Investments for ditching restructuring deal

The water firm is also claiming a $38.9m deposit placed into escrow.

DBS inks Belt and Road deal with Sinosure

Insurance firm Sinosure will provide credit insurance for DBS financing activities.

Keppel DC REIT's NPI up 26.8% to $43.23m in Q1 2019

The firm's data centre buys in Germany and Singapore pushed up earnings.

New home sales ballooned 131.6% to 1,054 units in March

Ongoing projects like The Tre ver, Riverfront Residences and Parc Bottania saw strong market take-up.

Singtel's diluted stake in Bharti Airtel could boost associate contributions by 14% over 2020

Bharti Airtel witnessed its revenues decline by nearly $2.57b over FY2016-2018.

Retail sales slipped 10% in February 2019 to $3.3b

The early CNY celebration weighed on sales.