News
Treasury fines N.Y. property management firm $7.1 million over ties to Putin’s ally
The U.S. Treasury Department imposed a $7.1 million fine on a New York-based property management firm Thursday, accusing it of violating…
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Property
Business
Singapore HDB Homeowners to Get One-Off Property Tax Rebate in 2026
Singaporean homeowners will receive a one-off property tax rebate in 2026 to help ease the impact of rising annual values, as rents…
Business
Stocks to watch: OCBC, Frasers Property, Straco, ASL Marine, mm2 Asia, Banyan Tree
The following companies saw new developments that may affect trading of their securities on Friday (Nov 28): OCBC: Its mobile banking…
Business
Frasers Property to redeem S$300 million worth of 4.38% perpetuals on Jan 17
The securities are part of its S$5 billion multi-currency debt issuance programme Frasers Property on Friday (Nov 28) announced that it…
Culture
Couple caught in 99-1 property transaction sue salesperson, PropNex and law firm for S$586,172
This is the third reported lawsuit embroiling PropNex over the sale arrangement for buyers to avoid paying more in ABSD A PropNex…
Business
Dubai property frenzy sets developers on a US$6 billion debt spree
From Islamic bonds to private credit, they ride one of the Gulf country’s longest real estate booms in years Property developers in the…
Business
Beyond property development: Far East Orchard leans on student accommodation for recurring income
When real estate veteran Alan Tang took over as group chief executive officer of Far East Orchard (FEOR) on Jan 1, 2020, few could have…
Culture
‘Jungle Cruise’ Sequel Likely Dead at Disney, Says Dwayne Johnson: Studio ‘Looked at That Property’ and Isn’t ‘Sure If We Should Revisit It Again’
The “Jungle Cruise” sequel is likely dead, at least according to stars Dwayne Johnson and Emily Blunt. The duo headlined Disney’s 2021…
Business
Coliwoo enters joint venture to acquire 1 King George's Avenue property for S$40 million
The REHAU Building will undergo conversion works to transform it into a co-living space Coliwoo Holdings has entered into a 50:50 joint…
Business
Stamford Tyres puts commercial property at 455 MacPherson Road up for sale at S$12.5 million
With a land area of 10,236 square feet, the location currently houses one of the company’s tyre retail outlets Tyre and wheel distributor…
Business
CDL posts 48.7% drop in Q3 Singapore property sales value amid lack of new launches
The group also reports that it is in advanced talks over the sale of Sentosa Cove’s Quayside Isle Sales value in the Singapore market for…
Business
Frasers Property full-year profit rises 17.8% to S$243.1 million
Net fair value change and reversal of tax provisions helped Frasers Property’s full-year earnings increase by 17.8 per cent, said the real…
Business
Frasers Property full-year profit rises 17.8% to S$243 million on fair value gains; revenue dives S$800 million
Net fair value change and reversal of tax provisions helped Frasers Property’s full-year earnings increase by 17.8 per cent, said the real…
Business
Frasers Property H2 profit falls 32.2% to S$100.9 million on lower contributions from residential projects
Frasers Property posted a net profit of S$100.9 million for the six months ended Sep 30, a 32.2 per cent decline from S$148.9 million for…
Business
Stocks to watch: SIA, Sats, Venture Corp, Frasers Property, First Resources, Bumitama Agri, StarHub, Centurion
The following companies saw new developments that may affect trading of their securities on Friday (Nov 14): Source link
Business
EC World Reit Q3 net property income down 60.5%; illegally mortgaged units face 2 lawsuits
The Reit is suspended from trading, and it is unlikely to declare any distribution for FY2025 The manager of EC World Reit posted a net…
Business
Acrophyte Hospitality Trust 9-month net property income falls 13.9% to US$29.1 million
The drop is largely due to hotel dispositions and renovations, as well as increases in operating expenses Acrophyte Hospitality Trust’s…
Business
CapitaLand Ascendas Reit to divest logistics property in Australia for S$90 million
Sale consideration is a 17.2% premium to the original purchase price of S$76.8 million when the property was acquired in 2015 CapitaLand…
Business
DBS CEO Tan Su Shan sees tech-led growth in China despite property slowdown
China’s push into deep technology and artificial intelligence is creating pockets of growth despite an uneven recovery in its property…
Business
Frasers Property partners CIMB Singapore to provide SMEs with flexible financing solutions
Participating retailers at Frasers Property malls will get free account setup and payment terminals Frasers Property has announced a…
Business
Thakral’s profit triples to S$19.5 million on divestment of Osaka property
Investment and lifestyle group Thakral Corporation’s net profit more than tripled to S$19.5 million for the third quarter ended Sep 30, up…
Business
Wee Hur selling Adelaide student accommodation property for S$14.2 million
The buyer is Grenfell Trust, an indirect 90.48 per cent owned sub-trust of Wee Hur PBSA Fund III A Wee Hur Holdings announced that its 80…
News
The Property Brothers Help Trump Remodel the White House With a Budget ‘Between $350 Million and Infinity’ on ‘SNL’
Host Miles Teller portrayed both Jonathan and Drew Scott – the Property Brothers from the show of the same name – as the twins showed up…
Business
CapitaLand India Trust Q3 total property income up 10% at 5.1 billion rupees
This is due to higher rental income from existing properties and income contributions from acquisitions and completed developments, says…