The Business Times
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Ry-Anne Lim

Ry-Anne Lim

JOURNALIST

Ry-Anne Lim is a reporter with The Business Times covering housing and property-related matters. She previously worked on the flip side, doing government communications. Ry-Anne is a graduate of the Nanyang Technological University’s Wee Kim Wee School of Communication and Information.

emaillimmin@sph.com.sg
email@RyLimBT
The price tag is 15.4% higher than Westfield Marion Shopping Centre’s latest valuation of A$580 million as at Dec 31, 2024, but in line with its original acquisition cost.

Cuscaden Peak sells 50% stake in South Australia mall for US$469 million

Westfield Marion Shopping Centre is last piece of the Paragon Reit portfolio to be sold

CICT sees “good potential” in Paragon and is taking a longer-term view of the acquisition, says the chairperson of the manager.

CICT’s S$3.9 billion Paragon buy draws scrutiny over timing, funding at EGM

Still, unitholders vote overwhelmingly in favour of the proposed acquisition, with 99.96% of votes for it

A container vessel chartered by Samudera Shipping sank late last Friday.

Samudera Shipping-chartered vessel sinks en route from Singapore to Pasir Gudang

All crew members safe; group does not expect incident to have any significant impact to its business

Four projects housing 1,679 units will likely test buyer appetite in July.

Up to 11 new condo projects with 3,550 units lined up for H2 launch as price ceilings emerge

Analysts do not expect average launch prices to breach the S$4,000 psf mark in the near term

SIA Engineering has formed a joint venture with French aerospace giant Safran Aircraft Engines to strengthen Singapore's aerospace servicing capabilities.

SIA Engineering, France’s Safran in US$118 million JV for aircraft engine maintenance in Singapore

The two will establish a full-fledged shop for maintenance of CFM Leap aircraft engines

From left: Adele Tan, URA deputy CEO and chief planner; Lim Eng Hwee, URA CEO; Eric Lim, UOB group chief sustainability officer; Ow Foong Pheng, URA chairperson; and Chee Hong Tat, minister for national development, at the opening of the i Light Singapore festival.

URA lifts ban on new hotels, hostels and serviced apartments in Boat Quay, Beach Road areas

The government will also pilot schemes in some precincts to test how space can be used to make the city centre more vibrant

The Orchard Boulevard plot is estimated to yield around 110 new private homes.

Orchard plot, Jurong East EC, Raffles Town Club site among 10 new housing parcels in H2 GLS plan

In total, these will yield around 4,575 new private homes

The average land rate for sites with a residential component is up almost 13% from the previous year, PropNex data shows.
NEWS ANALYSIS

Rising land bids push new condo prices into focus – will S$3,000 psf be a new normal?

Strong take-up at new launches fuels developer confidence, but higher land costs will test buyer demand

An article published in April notes that the share of first-year students intending to live at home has risen from 32.9% in 2016 to 35.2% in 2025. 

Is the UK student-housing party over? Singapore players face divergent prospects in PBSA market

Shrinking demand and new supply are leading to lower occupancies and falling rental growth

The authorities say the new measures will not affect the majority of developers, who have delivered “quality private housing projects to homebuyers”. 

Ban on land sales, new launches for developers that deliver ‘defect-ridden’ projects

The measures are aimed at strengthening homebuyer protection and deterring ‘severe errant developer behaviour’ 

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