Property

Singapore home sales rebounded in March, fueling concerns that authorities may impose new measures to cool the market.

A surprisingly large number of local stocks trade at hefty discounts to their net asset values (NAV), in particular property-related stocks. In many cases, liquidity is low.

GuocoLand (China), the wholly-owned subsidiary of GuocoLand, has entered into an equity transfer agreement with Beijing Wennuan Shiguang Technology Development (WNSG) on April 15.

LHN’s indirect, wholly-owned subsidiaries LHN SB 2 and Coliwoo (BR) have each entered into an option to purchase properties located at 75 Beach Road for an aggregate consideration of $8.4

Chip Eng Seng has, through its subsidiary CES Capital Holdings, disposed of its shophouse properties in Tanjong Pagar and Geylang for a total consideration of $24.2 million.

Consumers and corporates in Singapore prefer the stability of Singapore Overnight Rate Average (SORA)-based interest rates, with over six in 10 respondents indicating that they are open to SORA-peg

Singapore expects domestic interest rates to rise in tandem with climbing US rates, which may increase debt servicing costs and affect local home buyers.

Singapore private home prices grew at a faster pace in the first quarter as it joined the frenzy gripping property markets from Hong Kong to Toronto.

Stamford Land Corporation plans to adopt an asset light strategy by divesting part of its hotel portfolio, while keeping the hotel management business.

LHN has, through its joint venture company (JVC), accepted the option under the option to purchase for the acquisition of the Amber property at the purchase price of $27 million.