Singapore Informer

If you require proof Khaw Boon Wan is no gentleman, read how he addressed Ms Sylvia Lim in his closing remarks of the MND Review “debate”:“This is self-righteous and – pardon me for saying so – arrogant. Many of us in this House have been serving Singapore for decades, long before she entered this House.  [...]

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Gold rebounded slightly on Wednesday, after falling to a two-year low on Tuesday, However, market watchers said gold price volatility is likely to continue. Full News here – Channel NewsAsia Singapore Business News

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PropertyGuru.com.sg By Romesh Navaratnarajah: The Housing and Development Board (HDB) and Urban Redevelopment Authority (URA) released today their flash estimates for the Q1 2013 Resale Price Index (RPI) and private residential property price index respectively. HDB’s RPI stands at 205.4 which reflects a 1.2 percent increase from Q4 2012. This is the lowest quarter-on-quarter growth [...]

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April 01, 2013 9:10 AM The resale flat price index climbed 1.2 per cent to 205.4 in the first quarter of 2013, from 202.9 in the previous quarter, according to the Housing & Development Board’s (HDB) flash estimates released on Monday. Full News here – RSS Breaking News – Singapore

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PropertyGuru.com.sg By Farah Wahida: The future high-speed rail link between Singapore and Kuala Lumpur will benefit property developers and construction firms as it will reduce the price gap of properties in both countries in the long term. The project will also boost the construction and building materials sector, said PublicInvest Research. “While information is still [...]

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PropertyGuru.com.sg By Romesh Navaratnarajah: The government recently announced a steady supply of residential units in the next four years that will provide more housing options for Singaporeans. In his blog post last week, National Development Minister Khaw Boon Wan said around 200,000 new homes comprising HDB flats, private properties and executive condominiums (ECs) will be [...]

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PropertyGuru.com.sg By Romesh Navaratnarajah: Prices of private homes in Singapore increased by 1.8 percent in the fourth quarter of 2012, compared to just 0.6 percent in Q3 2012. For the entire year, private home prices grew by 2.8 percent, compared with an uptick of 5.9 percent in 2011. These latest figures were announced by the [...]

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January 22, 2013 12:44 PM SINGAPORE- CIMB Research raised its target price on Keppel REIT , which owns commercial properties, to S$ 1.33 from S$ 1.26 but kept its ‘neutral’ call as it expects higher distribution going forward due to stronger performance of some of its assets. Full News here – RSS Breaking News – [...]

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PropertyGuru.com.sg By Romesh Navaratnarajah: With expectations that HDB and private property prices will climb in the next half year, the property Affordability Sentiment Index (ASI) of PropertyGuru’s latest Property Sentiment Survey dipped further in Q3 2012. The study, which was done in collaboration with Blackbox Research, polled around 1,000 Singaporeans and found that 69 percent [...]

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December 20, 2012 1:24 PM SINGAPORE – OCBC Investment Research raised its target price on SIA Engineering Co Ltd to S$ 4.48 from S$ 4.14 and kept its’hold’ rating, citing a positive longer-term outlook for its maintenance, repair and operations business. Full News here – RSS Breaking News – Singapore

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November 23, 2012 10:48 AM SINGAPORE – UOB Kay Hian cut its target price on Keppel Corp Ltd, the world’s largest rigbuilder, to S$ 12.30 from S$ 12.80, but kept its ‘buy’ rating, citing lower operating margin assumptions. Full News here – RSS Breaking News – Singapore

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Quite a few years back, we were evaluating the Dalian shipyard in China for a VLCC newbuilding project when we ran into the representative from DNV (Det Norske Veritas), a leading international provider of services for managing safeguarding of life, property and the environment. How’s the worker attitude towards safety, we asked him. The Norwegian [...]

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November 16, 2012 1:43 PM SINGAPORE – Citigroup raised its target price for warehouse operator Global Logistic Properties Ltd to S$ 3.24 from S$ 2.99 and kept its ‘buy’ rating, on expectations its expansion into Brazil will boost its property value. Full News here – RSS Breaking News – Singapore

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November 08, 2012 10:00 AM SINGAPORE – CIMB Research cut its target price for medical device maker Biosensors International Group Ltd to S$ 1.79 from S$ 1.82 and kept its ‘outperform’ rating, citing risks of weaker licensing income from Japan and potential price cuts in other countries. Full News here – RSS Breaking News – [...]

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PropertyGuru.com.sg By Romesh Navaratnarajah: A five-bedroom penthouse at Heron Bay EC (pictured) has been sold for S$ 1.774 million, surpassing the previous record set last week when a double-storey penthouse at 1 Canberra, also an EC development, fetched S$ 1.61 million, reported The Business Times. Analysts noted that the record deals are mainly attributed to [...]

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