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Daily Debrief: What Happened Today
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SINGAPORE has an overhang of 31,948 units as of Sept 30 and sales have averaged about 2,500 homes per quarter this year which will take almost four years to clear the backlog.
THE asset, dwell Archer House - located at 14-22 Castle Gate, is in the city centre and near the University of Nottingham and Nottingham Trent University.
FOLLOWING the move, Koon Holdings and KCT will no longer need to provide corporate guarantees in respect of the JV – significantly reducing their contingent liabilities and obligations.
THE Overseas Vendor Registration (OVR) regime levels the playing field in GST treatment for both local and overseas services, Iras said.
THE contract, valued at around S$210 million, was awarded to China Railway 11 Bureau Group, the LTA said.
The STI today
THE Straits Times Index struggled for direction, spending most of the session hovering around last Friday’s close before slipping late to close at 3,179.82, a decline of 14.89 points, or 0.5 per cent.