rental

Fashion

Shows, exhibitions and rental platforms

Is it better to rent? Can Louis Vuitton quit Paris? Also, Chanel is presenting an exhibition that is not to be missed.

Startups, Entrepreneurs, Digital economy

Co-living startup Hmlet forays into Australian market with Sydney expansion

SINGAPORE (Feb 26): Hmlet, a co-living rental startup based in Singapore, has announced its expansion to Australia with the March 2019 launch of two co-living properties in the inner city suburbs of Newtown and Marrickville in Sydney.

Property

Healthway Medical signs rental leases worth $2 mil with OUE subsidiary

SINGAPORE (Dec 4): Healthway Medical Group (HMG) has signed $2 million worth of leases with Alkas Realty to lease two units located at 61A Shenton Way for a period of five years.

53rd National Day

Shared spaces: Housing still subject to limitations

SINGAPORE (Aug 6): Multi-purpose, co-living spaces are revolutionising urban life in densely populated and expensive New York, San Francisco, London and Shanghai. The concept, rather like an upmarket update of rooming together at university, is apparently

Broker's Calls

Frasers Commercial Trust still an attractive office play despite limited upside to near-term DPU: OCBC

SINGAPORE (July 2): OCBC Investment Research is reiterating its “buy” call on Frasers Commercial Trust (FCOT) while lowering its fair value estimate by a cent to $1.53 after incorporating more conservative assumptions for near-term DPU projections.

Broker's Calls

Frasers Commercial upgraded to 'buy' on attractive valuations, Grade B recovery prospects

SINGAPORE (Apr 5): OCBC Investment Research is upgrading Frasers Commercial Trust (FCOT) to “buy” from “hold” with an unchanged fair value of $1.51 on expectations of an impending recovery of Grade B CBD Core office rental rates.

Tech

BM Mobility establishes software company to optimise electric vehicle fleet efficiency

SINGAPORE (Mar 28): BM Mobility on Wednesday announced the establishment of its new company, BMM Solutions, which was formed to develop and sell software solutions to optimise the management and deployment of electric rental vehicles.

Property

Hong Kong way ahead of Singapore, topping Asia expat rental list

HONG KONG (Jan 17): Hong Kong retained its title as Asia’s most expensive rental city for expatriates, while Singapore fell further down the ranking due to a slower economy and fewer relocations, according to consultancy firm ECA International.

Property

Hupsteel to redevelop Genting Lane property for $9.3 mil

SINGAPORE (Dec 5): Hupsteel is redeveloping a Genting Lane freehold property it owns into an eight-storey industrial building, with elevated car parks with a gross floor area (GFA) of 5,259 sq m, for an estimated cost of $9.3 million which represents 5.9%

Uber said to be under CPIB probe over majority-owned Lion City Rentals

SINGAPORE (Oct 2): Market talk has it that Uber Technologies is under investigation by Singapore’s Corrupt Practices Investigation Bureau (CPIB) over the ride-hailing firm's majority-owned car rental company, Lion City Rentals (LCR).
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