Category: Developer News

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Wheelock unit launches offer for Singapore subsidiary

Wheelock unit launches offer for Singapore subsidiary

A unit of Hong Kong-based developer Wheelock and Co said on Thursday (Jul 19) it had launched an offer for all the shares of Singapore-listed subsidia ...
Optimistic Koh Brothers senses opportunities

Optimistic Koh Brothers senses opportunities

Despite the government's recent cooling measures, Koh Brothers Group's managing director and chief executive, Francis Koh, will still tender for one o ...
Latest measures could see developers reduce prices up to 10%

Latest measures could see developers reduce prices up to 10%

Developers may trim prices of new launches by as much as 10 per cent from their earlier indications in response to the latest round of property coolin ...
Royal Group raises first Islamic financing from RHB

Royal Group raises first Islamic financing from RHB

Real estate firm Royal Group has raised its first sharia-compliant financing from RHB Bank Singapore for a S$300 million (US$220.8 million) property, ...
No rationale for new housing curbs, additional harsh measures on developers: REDAS

No rationale for new housing curbs, additional harsh measures on developers: REDAS

There is no rationale for the new housing curbs given that the Singapore property market "is in the early stages of a recovery and the recovery is in ...
Singapore developer stocks fall after surprise property curbs

Singapore developer stocks fall after surprise property curbs

Shares of several developers and real estate service groups fell on Friday (July 6), a day after tough property cooling measures were introduced by th ...
Ho Bee Land acquires freehold Grade A London property with £650m investment

Ho Bee Land acquires freehold Grade A London property with £650m investment

Ho Bee Land announced on Sunday that it has acquired a freehold 21-storey Grade A office building in London, by purchasing its owner Frasia Properties ...
EL Development buys Singtel’s Hill Street property

EL Development buys Singtel’s Hill Street property

Singtel is selling its Hill Street property to homegrown-property group EL Development. Planning approval has been granted for redevelopment of the si ...
CDL seen poised for acquisitions, analysts raise target price

CDL seen poised for acquisitions, analysts raise target price

ARMED with a war chest of more than S$3 billion and an improved balance sheet, City Developments (CDL) is poised to make acquisitions in Singapore and ...
Singapore property curbs set to stay in ’17, CapitaLand CEO says

Singapore property curbs set to stay in ’17, CapitaLand CEO says

ingapore's residential property curbs are set to stay in place for at least another year amid signs the city's housing market is stabilising, the chie ...
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