HOCK LOCK SIEW
FCL could do with bigger free float
FRASERS Centrepoint Limited's (FCL) recent full-year results announcement provided some insights into the group's growth and transformation into a defensive real estate and hospitality group with an increased share of its assets and earnings from recurring-income businesses. ...
Pair of Craig Road shophouses sold for S$18m
RECENTLY transacted conservation shophouses for which caveats have been lodged include a pair of adjoining conservation shophouses at 38 and 39 Craig Road.
Smaller supply of quality units slows shophouse market in H2
THE shophouse market is poised for a slower second half after having hit high notes in the preceding two half-year periods.
Singtel pitches hotel angle for Hill Street site
SINGTEL has put its Hill Street property up for for sale, using its redevelopment potential as the selling point, as an earlier Business Times report had anticipated.
Singtel puts Hill St site up for sale
SINGAPORE Telecommunications Limited (Singtel) has put up its Hill Street property for sale through a tender to be conducted by CBRE.
City-fringe resale condo, private apartment prices touch new high in October: SRX
SRX Property said on Tuesday that its flash estimates for October 2017 showed that resale prices for non-landed private homes in the city fringe or Rest of Central Region (RCR) have reached a new high since property cooling measures were implemented.
A developer's tale of two cities
DENNIS Chiu has been straddling Hong Kong and Singapore for almost three decades, both in his personal life and for his work. The 59-year-old executive director of Far East Consortium International (FEC) came to Singapore in 1988 to help his family's real estate business diversify out of Hong...
Frasers Centrepoint Q4 profit up 12.1% at S$248m
FRASERS Centrepoint has posted a 12.1 per cent increase in group net profit for the fourth quarter ended Sept 30 to S$248 million from S$221.3 million in the year-ago period. Revenue slipped 20 per cent to S$950.6 million. Earnings per share rose to 7.42 Singapore cents from 6.52 Singapore cents.
Frasers Centrepoint Q4 net profit up 12.1% to S$248m
FRASERS Centrepoint (FCL) has posted a 12.1 per cent increase in group net profit for the fourth quarter ended Sept 30 to S$248 million from S$221.3 million in the year-ago period. Revenue slipped 20 per cent to S$950.6 million. Earnings per share rose to 7.42 Singapore cents from 6.52 Singapore...
UOL Q3 profit up 600% on UIC deal
UOL Group posted a 609 per cent jump in net profit to S$618.1 million for the third quarter ended Sept 30, 2017, on the back of a S$542.1 million gain on acquisition and consolidation arising from accounting for United Industrial Corporation (UIC) as a subsidiary.
UOL Q3 net profit, excluding other gains, up 8% to S$90.9m
UOL Group posted higher net attributable profit excluding other gains, up 8 per cent to S$90.9 million for the third quarter ended Sept 30, 2017.
Tee Land paying S$72m for Casa Contendere
TEE Land is buying the freehold Casa Contendere at 35 Gilstead Road through a collective sale for S$72 million.
Tee Land buys Casa Contendere for S$72m
TEE Land is understood to be buying Casa Contendere along Gilstead Road through a collective sale for S$72 million.
Landed home sales headed for best showing in 5 years
THE number of landed residential property transactions spiked in the first 10 months of this year, putting the full-year number on track to be the best showing in five years.
Tiong Seng unit exercises right to rescind option to buy Jervois Road sites
TIONG Seng Holdings Limited said that its subsidiary TSky (Jervois) on Wednesday exercised its right to rescind the option to buy two freehold sites in Jervois Road.
More buzz in big-ticket industrial property deals
THE industrial property market has seen more buzz in terms of big-ticket sales lately.
Roxy-Pacific builds up Singapore landbank
ROXY-PACIFIC Holdings, which posted an 81.5 per cent drop in third-quarter group net profit to S$1.5 million, has built up a Singapore residential landbank in the past couple of years that can potentially generate over 400 freehold private homes in seven projects.
Roxy-Pacific Q3 net profit down 81.5% to S$1.5m
ROXY-PACIFIC Holdings has posted an 81.5 per cent year-on-year decline in third-quarter group net profit to S$1.5 million from the preceding year, the group said in a Singapore Exchange filing on Monday evening.
Falcon Energy's full-year loss widens to US$121.2m
MAINBOARD-LISTED offshore oil and gas contractor Falcon Energy Group's net loss widened to US$121.18 million for the year ended June 30, 2017, from a net loss of US$4.96 million in the preceding year...
Falcon Energy's full-year net loss widens to US$121.2m from US$5m
MAINBOARD-LISTED offshore oil and gas contractor Falcon Energy Group's net loss widened to US$121.18 million for the year ended June 30, 2017 from a net loss of US$4.96 million in the preceding year...
9,300 new homes to result from slew of en bloc sales, warns URA
THE Urban Redevelopment Authority (URA) has flagged the addition of a significant number of housing units to the existing supply pipeline from the redevelopment of en bloc sale sites - but analysts are not alarmed.
Private home prices 'on firm ground' after index shows uptick
PROPERTY analysts said the 0.7 per cent quarter-on-quarter increase in the official private home price index for the third quarter is a reflection of firmer prices in the last 21/2 weeks of September.
En bloc sale sites could add about 9,300 homes to supply: URA
The redevelopment of en bloc sale sites will add a significant number of housing units to the existing supply pipeline, the Urban Redevelopment Authority (URA) noted on Friday in its third quarter private housing data release.
Q3 private home prices rise 0.7%; beats flash estimate, confirms first gain in 4 years
THE BENCHMARK private residential property price index rose 0.7 per cent in the third quarter of 2017 over the second quarter, slightly faster than the 0.5 per cent increase shown in flash estimates, according to data released by Singapore's Urban Redevelopment Authority (URA) on Friday...