Real Estate & Property Investment News in Singapore from Propertyshowrooms.com

Singapore tower wins top residential prize from MIPIMAsia

Mon, 24 Nov 2008 00:00:00 GMT

Singapore’s The Sail@Marina Bay was named the top residential project in MIPIMAsia’s annual award competition, which recognizes “the most innovative real estate projects in the Asia Pacific region.” The Sail@Marina Bay Currently under construction, the 70-story tower will be Singapore’s tallest residential building and one of the tallest residential towers in the world, with more than 1,000...

Singapore officially in recession

Fri, 21 Nov 2008 00:00:00 GMT

Singapore downgrades its economic growth figure, which confirms it was Asia's first country in recession in the current financial crisis...

Singapore Airlines to start Riyadh service

Tue, 23 Sep 2008 00:00:00 GMT

Singapore Airlines (SIA) said Tuesday it will begin service to the Saudi Arabian capital Riyadh in December...

Singapore Airlines offers travel...

Mon, 15 Sep 2008 00:00:00 GMT

Malaysia and Singapore have teamed up with Singapore Airlines to offer an exclusive travel deal for Middle East travellers to enjoy both destinations in one package. Valid only until November this yea...

Singapore keeps travel advisory on Thailand

Mon, 15 Sep 2008 00:00:00 GMT

Singapore (Agencies) - Foreign Minister George Yeo of said on Sunday has said he expects the period of instability in Thailand to last a while longer, and the Singapore travel advisory will stay in effect...

Singapore trade body opens India office as business booms

Wed, 10 Sep 2008 00:00:00 GMT

By Nirmala George, Singapore, Sep 10 : With business between India and Singapore touching new heights, the Singapore Indian Chamber of Commerce and Industry (SICCI) has opened an office in India to...

China Eastern Airlines says no plans for mergers

Wed, 10 Sep 2008 00:00:00 GMT

SHANGHAI (AP) - China Eastern Airlines is not involved in any merger talks with other airlines, apart from an earlier proposal to sell a strategic stake to Singaporean investors, the carrier said Wednesday...

Singapore’s CapitaLand sells China property for $352 mln

Tue, 9 Sep 2008 00:00:00 GMT

Singapore´s CapitaLand has sold its indirect wholly-owned subsidiary, Hua Lei Holdings, for $352 million. Hua Lei Holdings indirectly owns 100% of office property, Capital Tower Beijing. The sale of Capital Tower Beijing, which comprises two 35-story office towers with a gross floor area of 107,627 sq m, to a Fortune 500 company will yield CapitaLand a gain...

Temasek to raise Merrill stake

Wed, 27 Aug 2008 00:00:00 GMT

Singapore wealth fund Temasek Holdings expects to boost stake in Merrill Lynch to 13-14 per cent after receiving US government approval and also warned of further contagion from the global credit crisis. The US government approval statement gave the first indication of the size of the total...

Singapore's Temasek reports record profit

Tue, 26 Aug 2008 00:00:00 GMT

Singaporean sovereign wealth fund Temasek Holdings, which invested billions in investment bank Merrill Lynch, on Tuesday reported a record profit of 18.2 billion Singapore dollars ($12.8 billion). But the state-linked investment firm in control of some of Asia's best-known companies warned...

Profits up at Singapore's Temasek

Tue, 26 Aug 2008 00:00:00 GMT

Profits at Singapore sovereign wealth fund Temasek double after asset sales offset the impact of the credit crunch...

China Eastern may resume Singapore Air talks

Mon, 4 Aug 2008 00:00:00 GMT

China Eastern Airlines might resume talks on selling a stake to Singapore Airlines after the Beijing Olympics. Luo Zhuping, board secretary for China Eastern, said, ‘We will discuss this issue after the Olympics, and all things will become clear then. . . Introducing Singapore Airlines can help us improve our financial status and enhance service quality’ A...

Singapore’s Allgreen Properties to invest $267 million in China property development

Tue, 29 Jul 2008 00:00:00 GMT

Singapore property developer Allgreen Properties will invest about RMB1.83 billion ($267 million) in a hotel and residential development in Tangshin City in China’s Hebei province. Allgreen has a 25% share in the RMB7.3-billion project that will be developed with joint venture partners Kerry Properties, Shangri-La Asia and Kuok Brothers. The site for the development was bought for...

US investment in Asia-Pacific jumped 12 pct in 2007

Tue, 29 Jul 2008 00:00:00 GMT

Singapore (dpa) - US investments in Asia grew 12 per cent last year with the biggest jump coming in India, where acquisitions in the information sector propelled the increase, media reported Tuesday...

Singapore Property - Construction cost crisis means delays in public building projects

Tue, 22 Jul 2008 00:00:00 GMT

Rapidly rising construction costs in Singapore are causing the building industry major issues – especially on those off-plan developments still under construction...

Depa JV signs its first contract in Singapore

Tue, 22 Jul 2008 00:00:00 GMT

Depa Limited today announces that its joint venture, DDS Contracts & Interior Solutions Pte Ltd ("DDS"), has been awarded its first contract in Singapore...

Singapore hit by global slowdown

Thu, 10 Jul 2008 00:00:00 GMT

Singapore's economy shrinks as a drop in drug production and a fall in exports to the US hits output...

Inflation Slows in Singapore's Residential Market

Thu, 10 Jul 2008 00:00:00 GMT

The sharp inflation slowdown in Singapore's private residential market is the latest sign that times are getting tougher for local developers...

Singapore property market slowing down

Mon, 7 Jul 2008 00:00:00 GMT

Singapore's housing market is sucumbing to the global slump with official figures showing a 0.4% increase, the slowest for four years...

Singapore firm gets $200m The World logistics deal

Mon, 30 Jun 2008 00:00:00 GMT

Penguin Marine Offshore Services (PMOS) of Singapore has been awarded a $200 million (Dh734m) logistics management contract in The World project...