The Business Times
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Chong Xin Wei

Chong Xin Wei

JOURNALIST

Chong Xin Wei is a journalist at BT’s property desk. She is a graduate of the Wee Kim Wee School of Communication and Information.

emailcxinwei@sph.com.sg
The new measures will apply to all executive condominium projects on government land sale sites with tender closing dates on or after May 8.
SINGAPORE PROPERTY

Upcoming EC projects that are exempt from new rules get a ‘bonus’, as buyers steer towards them: analysts

Scrapping of deferred payments could be a major blow to sales on sites sold in the future

The revisions follow a review by the government given growing concerns over rising prices and "flipping" of ECs for substantial gains on resale.

New EC rules to cool prices: MOP doubled to curb flipping, no more deferred payments and more units for first-timers

Land bids, new launch sales expected to slow with first-timer priority raised to 90% of units, extended to 2 years

Excluding a one-off tax provisions reversal in the previous year, attributable profit would have risen 77% year on year.

Frasers Property H1 profit falls 37.8% to S$88.4 million on impairment loss

Revenue for the half-year falls 5.2% to S$1.51 billion

Completed in 1990, Balestier Regency comprises a single 10-storey residential block with 72 apartments.

Balestier Regency up for fourth en bloc sale bid at S$255 million

The price tag is about 17% higher than the second attempt in 2018 when it was launched for sale at S$218 million

JLL Singapore has two offices in Singapore, one in CapitaSpring and the other in Paya Lebar Quarter.

JLL Singapore cuts over 20 jobs or 1% of workforce; Knight Frank Singapore also lays off staff

The latter confirms it is trimming a ‘small number’ of marketing and communications roles

In FY2026, MLT divested six properties at an average premium to valuation of about 20%.

MLT posts 7% fall in Q4 DPU; eyes up to S$300 million in asset sales

China assets earmarked for sale are to be offloaded into a planned renminbi fund

MIT is also in “slightly more advanced discussions” on some potential sales and expects to provide updates within the next six months.

Mapletree Industrial Trust to divest up to S$600 million of North America assets, eyes Japan and Europe for growth

The divestments are expected to be carried out within the next 1 to 2 years

For FY2025, CLI’s earnings were at S$145 million, down 70% from S$479 million in FY2024, due mainly to lower portfolio gains and higher revaluation losses on the group’s China portfolio.

CapitaLand Investment sets sights on single flagship C-Reit to drive scale

In the longer term, it hopes to combine CapitaLand Commercial C-Reit with a second China Reit slated to list this year

Hudson Place Residences is near schools, the National University of Singapore and various retail offerings.

Qingjian venture markets Hudson Place Residences in one-north from over S$2,200 psf

The development has 327 units and retail space spanning 400 sq m

UI Boustead Reit's manager said in a bourse filing that the project is expected to bolster the Reit’s presence in Konan City.

UI Boustead Reit, Fraxtor Group to develop two Japan logistics facilities

The Reit’s share of the total development cost is about 2.5 billion yen, or S$20.4 million

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