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High Street Centre at 1 North Bridge Road hit the market with a reserve price of $800 million on June 16.PHOTO: CRUSHMAN & WAKEFIELD Some building owners here are trying their luck for a collective sale despite the battering the commercial property investment market has taken in recent months. At least four buildings that have … Continue reading Commercial property owners try their luck at sales en bloc as circuit breaker is lifted

A weaker-than-expected gain in China's industrial output suggested that recovery remained fragile.PHOTO: REUTERS SINGAPORE (REUTERS) - Business sentiment of Asian companies sank to an 11-year low in the second quarter, a Thomson Reuters/INSEAD survey found, with some two-thirds of the firms polled flagging a worsening Covid-19 pandemic as the biggest risk over the next six months. While … Continue reading Asian business sentiment plunges to record low on coronavirus effect: Poll

Singapore's corporate tax rate of 17 per cent and double-tax agreements signed with over 80 countries make it attractive for doing business, said professional services firm TMF Group.ST PHOTO: TIMOTHY DAVID Singapore is in second place in a league table of ranking Asian economies on how easy it is to conduct business, but fares less … Continue reading Singapore is second-easiest place in Asia to do business: Study

Terminal 5 was scheduled to be completed around 2030.PHOTO: ST FILE With a cloud hanging over the future of aviation, Singapore has halted construction of the upcoming mega Changi Airport Terminal 5 for at least two years, and will review its scale and design. Transport Minister Khaw Boon Wan said yesterday that the project will not resume … Continue reading Changi T5 construction pushed back by two years

Singapore held on to the top slot for a second straight year in the annual list of 63 economies.ST PHOTO: CHONG JUN LIANG SINGAPORE - Singapore has retained its top spot as the world's most competitive economy in the latest edition of the IMD World Competitiveness Ranking. The Republic held on to the top slot for … Continue reading Singapore retains top spot as world’s most competitive economy

Frasers Property will reopen the showflat for its 455-unit residential Rivière this Friday as the country adapts to the "new normal".  PHOTO: FRASERS PROPERTY Property agents and developers are feeling “cautiously excited” ahead of the June 19 Phase Two reopening after the “circuit breaker” period as announced by the Multi-Ministry Taskforce. Physical home viewings can … Continue reading Showflat reopening a relief for developers, but new launches unlikely till July

Minister for Trade and Industry Chan Chun Sing says that investor confidence in Singapore remains strong due to its open economy, infrastructure and stability, and this will enable the country to ride through uncertain times.  PHOTO: MINISTRY OF COMMUNICATIONS AND INFORMATIO MINISTER for Trade and Industry Chan Chun Sing says that investor confidence in Singapore … Continue reading Investor confidence to tide Singapore over Covid-19 crisis: Chan Chun Sing

An artist's impression of what the redeveloped Grange Road carpark site could look like when it is operational in the second quarter of 2022. PHOTOS: LENDLEASE GLOBAL COMMERCIAL REIT, JASON QUAH An independent cinema, hawker stalls and multiple event spaces are set to take over the 48,200 sq ft open-air carpark in Grange Road as part … Continue reading Grange Road carpark to make way for event space with cinema

The waivers are going to more than 2,000 commercial tenants and around 100 social sector tenants.PHOTO: SCREENGRAB FROM GOOGLE MAPS Eligible sub-tenants of government-owned properties managed by the Singapore Land Authority (SLA) will benefit from additional rental waivers. The waivers are going to more than 2,000 commercial tenants and around 100 social-sector tenants of these … Continue reading Eligible SLA-run state property sub-tenants to get rent relief

Dusit Thani Laguna Singapore resort will have a total of 198 rooms and suites, restaurants, three swimming pools and three tennis courts.  PHOTO: ALLEGRO Luxury urban resort first in Asia to give guests direct access to a pair of championship-calibre golf courses DUSIT Thani, the Thai hospitality giant, is opening its first resort in Singapore … Continue reading Dusit Thani to open first Singapore resort in Oct