Resale prices of private homes up 1.9% in April
By Wong Siew Ying
POSTED: 28 May 2013 9:14 PM
Resale prices of private homes in Singapore rose 1.9 per cent in April.
SINGAPORE: Resale prices of private homes in Singapore rose at a faster rate of 1.9 per cent in April, compared to the previous month's 1.1 per cent price increase.
The Singapore Residential Price Index (SRPI) flash estimates were published by the Institute of Real Estate Studies at the National University of Singapore on Tuesday.
The price increase was led by private homes outside the central region, which rose 2.4 per cent in April, reversing the 0.2 per cent drop in March.
Prices of small units, defined as 506 square feet and below, also trended upwards from 0.8 per cent in March to 1.8 per cent last month.
Meanwhile, resale homes in the central region bucked the trend as price growth moderated.
The SRPI for homes in the central area rose 1.3 per cent in April, down from the 2.8 per cent increase seen in March.
- CNA/al
- wong chee tat :)
Tuesday, May 28, 2013
Singapore Press to list two malls worth $2.4 bln in REIT IPO
Singapore Press to list two malls worth $2.4 bln in REIT IPO
ReutersReuters – Mon, May 27, 2013
SINGAPORE, May 27 (Reuters) - Singapore Press Holdings Ltd
(SPH) said on Monday it plans to list two shopping
malls valued at S$3.07 billion ($2.43 billion) via a real estate
investment trust (REIT) listing scheduled for July.
SPH plans to hold 70 percent of the units in SPH REIT, whose
assets are the Paragon shopping mall in the city-state's prime
Orchard shopping district and Clement Mall in a western suburb.
The Singapore publishing and property firm plans to
distribute 18 Singapore cents a share as a special dividend to
shareholders after the listing, it said in a statement.
Credit Suisse, DBS and Oversea-Chinese
Banking Corp are joint bookrunners for the IPO, IFR, a
Thomson Reuters publication, reported earlier.
($1 = 1.2644 Singapore dollars)
(Reporting by Rujun Shen; editing by Kevin Lim)
- wong chee tat :)
ReutersReuters – Mon, May 27, 2013
SINGAPORE, May 27 (Reuters) - Singapore Press Holdings Ltd
(SPH) said on Monday it plans to list two shopping
malls valued at S$3.07 billion ($2.43 billion) via a real estate
investment trust (REIT) listing scheduled for July.
SPH plans to hold 70 percent of the units in SPH REIT, whose
assets are the Paragon shopping mall in the city-state's prime
Orchard shopping district and Clement Mall in a western suburb.
The Singapore publishing and property firm plans to
distribute 18 Singapore cents a share as a special dividend to
shareholders after the listing, it said in a statement.
Credit Suisse, DBS and Oversea-Chinese
Banking Corp are joint bookrunners for the IPO, IFR, a
Thomson Reuters publication, reported earlier.
($1 = 1.2644 Singapore dollars)
(Reporting by Rujun Shen; editing by Kevin Lim)
- wong chee tat :)
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