KKR looks to Singapore as key investment market for new US$1.7b Asia real estate fund

INVESTMENT firm KKR, which recently closed a US$1.7 billion fund, has set its sights on Singapore as one of the core markets for the fund which is targeting real estate investments in the Asia-Pacific.

Performance of STI, private home resale market took different paths during pandemic

PRICES of private homes in the resale market proved more resilient than the Straits Times Index (STI) in 2020 as home prices rebounded to end-2019 levels in the months following the circuit breaker.

OUTLOOK 2021

CBD Grade A office rents to continue slide in 2021, but less sharply than in 2020

GRADE A office rentals in the Central Business District (CBD) are generally expected to remain under pressure in 2021, say property consultants, as companies scale back on space amid economic headwinds.

SINGAPORE PROPERTY

Singapore private home prices may rise in 2021 amid reviving economy

PRIVATE home prices in Singapore could climb again this year as a recovering economy lifts sentiment after the private residential property index shrugged off the impact of a global pandemic to clock a 2.2 per cent gain in 2020.

Prices of private homes seen to increase in 2021 as sentiment improves

PRIVATE home prices in Singapore could climb again this year as a recovering economy lifts sentiment after the private residential property index shrugged off the impact of a global pandemic to clock a 2.2 per cent gain in 2020.

Singapore private home prices up 2.1% q-o-q in Q4; rise 2.2% for 2020: URA flash estimate

THE overall price index for private homes in Singapore increased 2.1 per cent in the fourth quarter of 2020 over the preceding three months, according to the Urban Redevelopment Authority's (URA) flash estimate released on Monday morning.

HOCK LOCK SIEW

Still room for upside for hospitality Reits despite rally

THE rollout of the first vaccine this month heralds the start of a recovery for the hospitality sector, but have hospitality Reits already rallied too far ahead?

Cold store warehouse rents to rise as Singapore aims to be hub for vaccines

RENTS for cold store logistics warehouses here could pick up as Singapore positions itself as a centre for the storage and shipment of vaccines, according to Cushman & Wakefield, which says that limited supply of such facilities should translate to higher capital gains for investors who...

Unit at Chuan View sold for tidy profit in Nov

A FAVOURABLE entry timing helped a seller reap the top profit-making transaction by percentage for the month of November as a 1,518 square foot (sq ft) unit at freehold development Chuan View was sold for nearly four times the purchase price.

Proportion of loss-making transactions in resale market up in November

THE share of loss-making transactions for landed and non-landed properties in the resale market ticked up to 17.1 per cent in November, from 15.9 per cent in October, in contrast to the more sanguine performance in the primary sales market.

CapitaLand remains bullish on flexible workspaces

CAPITALAND remains sanguine on the future of flexible workspaces in a post-pandemic world as it prepares to open the doors to its second Bridge+ flexible workspace in Singapore.

ASL Marine posts loss of S$13 million for Q1 FY2021

ASL Marine Holdings' net loss for the three months ended Sept 30, 2020 widened to S$13 million from S$11.35 million a year ago.

High Court grants application from DBS to wind up Novena Global Healthcare

SINGAPORE'S High Court on Friday granted an application from DBS Bank to wind up Novena Global Healthcare Group (NGPL).

Del Monte Pacific in the black in Q2 2020

DEL Monte Pacific reported a net profit of US$21.85 million for the second quarter ended Oct 31, 2020, reversing from a loss of US$37.35 million a year ago when its earnings were weighed down by one-off expenses.

PLife Reit acquires nursing home in Japan for 1.65b yen

PARKWAY Life Reit (PLife Reit) is deepening its presence in Japan with the acquisition of a nursing home in the Greater Tokyo region from aged care operator KK Habitation for 1.65 billion yen (S$21.2 million).

Social media exploited for 'pump and dump' activities: SGX RegCo

SINGAPORE Exchange Regulation (SGX RegCo) has flagged possible market misconduct activities which make use of Telegram chat groups and other social media channels to engage in "pump and dump" schemes.

CRCT announces results of preferential offering

IN an update on its preferential offering, CapitaLand Retail China Trust (CRCT) said that it had received valid acceptances and excess applications for a total of 133.77 million preferential offering units at the close of the offering.

Robin Hu to head Temasek's international policy & governance group; Steve Howard joins as CSO

TEMASEK International's head of sustainability and stewardship group, Robin Hu, will head its international policy & governance group as Ikea's former chief sustainability officer (CSO) Steve Howard joins Temasek to lead its sustainability group.

Del Monte Pacific reverses losses with profit of US$21.85 million for Q2 FY21

DEL Monte Pacific reported a net profit of US$21.85 million for the second quarter ended Oct 31, 2020, reversing from a loss of US$37.35 million a year ago.

PLife Reit to acquire nursing home in Japan for 1.65 billion yen

PARKWAY Life Reit (PLife Reit) is acquiring a nursing home in the Greater Tokyo region from aged care operator KK Habitation for 1.65 billion yen (S$21.2 million).

SGX RegCo warns public of 'pump and dump' activities that exploit social media plaforms

SINGAPORE Exchange Regulation (SGX RegCo) has flagged possible market misconduct activities which use Telegram chat groups and other social media channels to engage in "pump and dump" schemes.

Nanofilm Technologies International to join three FTSE indices

NANOTECHNOLOGY solutions provider Nanofilm Technologies International, which made its trading debut on the Singapore Exchange (SGX) in October, will be included in the FTSE ST Small Cap Index, FTSE ST China Index and FTSE ST Singapore Shariah Index after the close of market trading on Dec 21....

mm2 Asia proposes merger of its cinema business with Golden Village

WITH the cinema business facing headwinds from the pandemic and disruption from content streaming apps, mm2 Asia is proposing to merge its cinema business with Golden Village cinemas in a move that would create the biggest cinema operator in Singapore.

Moya Holdings Asia chalks up jump in Q3 net profit

INDONESIAN water treatment company Moya Holdings Asia posted a net profit of S$11.9 million for the third quarter of 2020, nearly tripling from S$4.24 million it had reported for the corresponding quarter a year ago.

Moya Holdings Asia's profit after tax surges in Q3

INDONESIAN water-treatment company Moya Holdings Asia posted a post-tax profit of S$11.9 million for Q3 2020, nearly three times the S$4.24 million earned in the corresponding quarter a year ago.