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SINGAPORE’S softening residential property market is due to the numerous measures imposed by the government to prevent an asset bubble, Jones Lang LaSalle Real Estate (Singapore) Pte Ltd national director (research and consultancy) Ong Teck Hui says.
PETALING JAYA: Mah Sing Group Bhd has appointed Topotels Sdn Bhd as the hotel operator to operate and manage its Meridin Hotel Suites in Medini, Johor.
BEIJING: China's economy is creating more than 13 million new jobs this year, according to the Xinhua news agency, citing the labour ministry, outstripping the official target despite slower economic growth.
KUALA LUMPUR: The project delivery partner (PDP) for the estimated RM9bil light rail transit line three (LRT 3) project, which is expected to be announced in July, stand to earn 6% of total cost as management fees, going by the rate charged by the PDP of the mass rapid transport (MRT) project.
THE National House Buyers Association (HBA) was invited to attend the annual Budget Consultation last Monday at PutraJaya International Convention Centre (PICC). This year’s theme was “Strengthening Growth, Enhancing Inclusiveness, Ensuring Fiscal Sustainability”.
SINGAPORE: Prices of private homes in Singapore dropped for the seventh straight quarter, the longest declining streak in more than a decade, and analysts expect the market to continue to soften for the rest of this year as property cooling measures take their toll.