Money

Get Up to $60 Off at NTUC FairPrice’s Save Every Day from 12 Jun to 10 Sept!

NTUC FairPrice is running its Save Every Day campaign from June to September 2025, offering over 400 vouchers with up to S$60 off daily essentials and gadgets.

S$15.5M Freehold Shophouse at 235 East Coast Road For Sale

A rare freehold conservation shophouse at 235 East Coast Road in Katong is being sold for S$15.5 million, offering development potential and prime commercial location.

Historic Singapore-Brazil FX Futures Partnership Ensures 24/7 Liquidity

Singapore and Brazil's top exchanges have launched round-the-clock futures trading for the Brazilian real, letting Asian investors manage currency exposure even when Brazil's market is closed.

S$2.75B Deal: IOI Properties Takes Full Control of South Beach from CDL

A Malaysian property giant takes full control of South Beach, Singapore's iconic mixed-use waterfront site, in a S$2.75 billion landmark deal that reshapes ownership of one of the city's most recognisable developments.

Household Finances Q1 2025: Debt Rising for 1.5 Years

Singapore households' net worth grew 8.1% in Q1 2025, but debt has been rising for six straight quarters, driven mainly by faster growth in mortgage and personal loans.

Behind SingPost’s S$245.1M Profit: 40.3% Net Profit Decline Revealed

SingPost's headline profit of S$245.1 million masks a sharp 40.3% collapse in underlying operating profit, driven by a one-time Australia business sale gain rather than strong core business performance.

Rare Chinatown Conservation Shophouses Hit Market for S$35.7M

A pair of rare conservation shophouses on Pagoda Street in Chinatown has hit the market for S$35.7 million, offering investors a prime location near tourism hotspots and upcoming revitalisation projects.

Export Decline! Singapore Trade October 2024 Fell by 2%

Singapore's total trade fell 2% in October 2024, driven by a sharp 4.6% drop in locally-made exports despite a rebound in re-exports.

Singtel’s H1 FY2025 Net Profit Soars to S$1.23 Billion

Singtel's first-half 2025 net profit hits S$1.23 billion, but the headline number masks a sharp drop in special items that had boosted earnings the year before.

HDB Resale Oct 2024: 103 Flats Sell Over S$1M

HDB resale prices edged up 0.3% in October 2024 even as new BTO launches drew buyers away, with 103 flats selling for over S$1 million.

SingPost 2024 First Half Net Profit Up 66% to S$22.2M!

SingPost's first-half net profit surged 66% to S$22.2 million, driven by strong growth in Australia and Singapore operations.

S$261M Boost: CapitaLand and Mitsui Eye SE Asia Growth

A Japanese shipping company invests S$261 million in CapitaLand to expand logistics and business park projects across Southeast Asia and India.

CDL-Lianfa S$1.66B Mixed-Use Buy in Downtown Shanghai

A Singapore property developer buys a prime Shanghai development site for S$1.66 billion, betting big on China's urban property market.

S$600M Sustainability Loans for CapitaLand’s Green Push

A major Singapore property developer has secured S$600 million in special loans tied to health and environmental building standards, setting a new model for green finance in Asia.

Singapore Core Inflation Rises to 2.8% in Sep 2024

Singapore's core inflation rose to 2.8% in September 2024, while overall inflation eased to 2.0%, reflecting mixed price pressures across retail goods and transport costs.

Serangoon’s 5-Room HDB Flat Hits S$1.03M Milestone!

A 5-room HDB flat in Serangoon has sold for S$1.03 million, marking the estate's first million-dollar transaction for this flat type.

MAS Keeps Singapore Monetary Policy Steady in Oct 2024

Singapore's central bank keeps interest rates steady in October 2024, betting that gradual currency strength will support growth while controlling inflation.

Manufacturing Spurs 4.1% Singapore GDP Rise in Q3 2024!

Singapore's economy grew 4.1% year-on-year in Q3 2024, with manufacturing leading the rebound at 7.5% expansion.

Why Million-Dollar HDB Flat Is Outshining Private Condo?

Singapore property buyers are increasingly choosing million-dollar HDB flats over private condos, with sales jumping significantly in 2024.

CapitaLand Ascott Trust Sells Kyoto Hotel, Nets S$8M Profit

A Singapore property trust sold a Kyoto hotel for S$53.1 million, nearly 40% above its book value, and plans to reinvest the S$8 million profit into higher-yielding assets.

Motor Vehicle Sales Soar 17% in August 2024

Singapore's retail sales grew just 0.6% in August 2024, but motor vehicle sales surged 17% thanks to a higher COE quota, masking weakness in clothing and department stores.

CapitaLand Sells 50% Stake in ION Orchard for S$1.08B

A major Singapore property company is selling its half-stake in ION Orchard mall for S$1.08 billion, shifting away from directly owning assets to managing money for others.

Singapore Manufacturing (July 2024): Up 1.8%, Biomedical Down 17.4%

Singapore's factories grew output by 1.8% in July 2024, but the biomedical sector shrank sharply by 17.4%, dragging down overall performance.

S$612K for Financial Freedom? Singlife’s Shocking 30-Year Forecast

A new survey shows Singaporeans now need 30 years to reach financial freedom, up from 27 years, as the target amount climbs to S$612,045.

S$860K for 3-Room HDB Flat? Bukit Merah’s New High

A 3-room HDB flat in Bukit Merah's Tiong Bahru View just sold for S$860,000, setting a new record for the area.

Singapore Wholesale Trade Sees Big Jump in Q2 2024!

Singapore's wholesale trade sector surged in the second quarter of 2024, with domestic sales jumping 11.3% and foreign sales rising 8.6% year-on-year.

Condo Rentals Up 35.1% in July 2024, But 2023 Rents Higher

Singapore's condo rental volume jumped 35% in July 2024, but rents remain 5% lower than a year ago as uncertainties loom over foreign worker permits.

Frasers Centrepoint Trust Gets ‘AA’ MSCI ESG Rating for Green Efforts!

A major Singapore retail property trust has upgraded its environmental and social responsibility rating to 'AA', putting it among the world's top performers in its sector.

HDB Lease Buy Back: 12,000+ Households Get Up To $300K!

Over 12,600 elderly Singaporean households have tapped the HDB Lease Buy Back Scheme to unlock up to $300,000 in retirement cash without leaving their homes.

Kwek Leng Beng’s CDL Shines with Strong 1H 2024 Earnings

A major property and hospitality company reports a 32% jump in profits for the first half of 2024, driven by asset sales and strong residential unit sales.