Property analysts expect private home sales to see an uptick in July amid several launches. Read more at straitstimes.com. Read more at straitstimes.com.
Billionaire scion pays US$19mil for Singapore bungalow
A granddaughter of the late Indonesian billionaire Eka Tjipta Widjaja has purchased one of Singapore’s highly coveted bungalows for S$25 million ($19 million).
OCBC deepens quantum research with Singapore universities for real-world finance use cases
The bank is working with NUS, NTU and SMU over 12 months to examine quantum applications in the areas of derivative pricing, data security and fraud detection.
13 Hotel owner sells Singapore assets to focus on Macau
The new owner of The 13 in Macau has divested of several Singapore properties, apparently to fund the hotel’s renovation.
Sunway secures RM2.33bil Singapore land tender for residential development
Sunway Bhd and its Singapore-based joint venture partner, Sing Holdings Residential Pte Ltd (SHRPL), have secured a residential development project worth RM2.33bil in Chuan Grove, Singapore.
Singapore Luxury Condos’ Early Struggle Shows Boom’s Limits
A large-scale luxury development in Singapore sold only a tiny fraction of units when it started accepting bookings, reflecting the struggles of the priciest segment in the city-state’s otherwise …
Built in Thailand, funded in Singapore, as startups gravitate to city-state
Thailand will host the World Bank and International Monetary Fund annual meetings, with digital transformation expected to take centre stage. But even as the country readies for its time in the global …
The 13 Hotel new owner sells Singapore assets for MOP321 mln
The new owner of Macau’s The 13 Hotel, Loi Keong Kuong along with his family, has reportedly divested five shophouses in Singapore for a total of S$50.7 million (MOP321 million/US$39.5 million) this …
Longtime director at Singapore billionaire Kwek Leng Beng’s CDL to resign after public boardroom feud
Philip Yeo is stepping down as director at Singapore-based property giant City Developments Limited following a public feud between the firm’s billionaire chairman, Kwek Leng Beng, and his son, CEO …
Las Vegas Sands resort in Singapore aims to ‘redefine’ luxury
An $8 billion ultra-luxury Las Vegas Sands property in Singapore has executives saying the soon-to-be constructed resort will “redefine industry standards” and expand the regional footprint of the …