Singapore Real Estate / Built Environment
Property market should start to ease with larger housing supply in pipeline, says Desmond Lee
The public and private housing markets have started to stabilise, and the property market should start to ease when housing supply increases, said National Development Minister Desmond Lee on April 15.
New private home sales creep up in March; record number of ECs sold for S$2 million or more
Developers in Singapore sold 729 private homes in March, inching up 1.5 per cent from the 718 units moved a year earlier, data released by the Urban Redevelopment Authority showed on Tuesday (Apr 15).
https://www.zaobao.com.sg/finance/singapore/story20250415-6192921
Home owners in HDB loan arrears to receive help servicing mortgage under new programme
Home owners facing financial difficulties due to job or income loss will be allowed to reduce or defer their monthly loan instalments for up to one year, instead of the current six months, under a new programme starting on April 15.
https://www.zaobao.com.sg/news/singapore/story20250415-6191981
Singapore News / GE 2025
No minister can focus on political engagements alone and leave policy design to public service: DPM Heng
Deputy Prime Minister Heng Swee Keat said on Tuesday (Apr 15) that no minister can focus on political engagements alone and leave the designing of effective policies to the public service.
https://www.straitstimes.com/singapore/six-lessons-for-admin-service-officers-from-dpm-heng
https://www.zaobao.com.sg/news/singapore/story20250416-6194373
Prompt payments by Singapore companies up in Q1, but credit bureau urges vigilance
The quantum of prompt payments made by companies improved in the first quarter this year, based on data released by the Singapore Commercial Credit Bureau (SCCB) on Tuesday (Apr 15).
GE2025: What to expect on Nomination Day on Apr 23
Prospective candidates will head to nine nomination centres on Apr 23 to file their papers to stand in the upcoming general election. This is the next step in the run-up to Polling Day on May 3, after Parliament was dissolved and the Writ of Election issued by President Tharman Shanmugaratnam on Tuesday (Apr 15).
https://www.businesstimes.com.sg/singapore/ge2025-what-expect-nomination-day-apr-23
GE2025: Singapore set to go to the polls on May 3, after Nomination Day on Apr 23
Singapore is set to go to the polls on May 3 in a closely watched general election that marks Prime Minister Lawrence Wong’s first electoral outing since taking the helm last year.
https://www.channelnewsasia.com/singapore/ge2025-general-election-may-3-parliament-dissolved-5064316
GE2025: CSA urges vigilance against scams and misinformation during election period
The Cyber Security Agency of Singapore (CSA) on Tuesday (Apr 15) cautioned voters on the need for vigilance against cyber threats amid the upcoming General Election. Singapore’s parliament was dissolved on Tuesday afternoon, with voters heading to the polls on May 3.
https://www.channelnewsasia.com/singapore/ge2025-csa-scams-misinformation-election-period-5067091
Law banning deepfakes of candidates in place for first time in GE2025, among other guidelines: ELD
A new law banning fake or digitally altered online material that misrepresents candidates will be in place for the first time this general election, said the Elections Department (ELD) on April 15.
Business News
Frasers Property sees several senior management changes: source
Several of Frasers Property senior management team will be leaving the company, including group chief operating officer (COO) Anthony Boyd and group chief digital officer Samuel Tan.
LHN proposes spin-off, mainboard-listing of co-living business Coliwoo
HN Group intends to bring its co-living business, Coliwoo Group, public on the Singapore Exchange. The real estate management services group, dual-listed on both the mainboards of SGX and Hong Kong Stock Exchange (HKEX), has submitted applications to both exchanges for the proposed spin-off and separate listing of the shares of Coliwoo on the mainboard of SGX.
Sabana Reit reports 26.5% higher Q1 DPU at S$0.0086 on 22% higher NPI
abana Industrial Real Estate Investment Trust (Sabana Reit) posted a distribution per unit (DPU) of S$0.0086 for the quarter ended Mar 31, up 26.5 per cent from S$0.0068 in the same period a year ago.
Global Economy / Real Estate News
US economy is set to lose billions amid foreign tourism and boycott backlash
US import prices muted, but tariffs loom over inflation
https://www.businesstimes.com.sg/international/us-import-prices-muted-tariffs-loom-over-inflation
Trump administration sued over tariffs in US Court of International Trade
Trump eyes slashing State Department by 50%
https://www.channelnewsasia.com/world/trump-eyes-slashing-state-department-50-5068121
Harvard rejects Trump demands, gets hit by US$2.3 billion funding freeze
https://www.businesstimes.com.sg/international/harvard-hit-us2-2-billion-freeze-after-defying-trump
Australia central bank to reconsider policy at May meeting, move not predetermined
A A$2.7 billion plan to build Australia’s tallest tower falters
https://www.businesstimes.com.sg/property/2-7-billion-plan-build-australias-tallest-tower-falters
China, Vietnam support multilateral trade regime amid US tariff pressure
China gets worst 2025 growth forecast yet with downgrade by UBS
Made-in-China toy billionaire says tariffs will double US prices
Chinese official says US tariff aims to ‘take away Hong Kong’s life’
Hong Kong’s first-quarter home purchase forfeitures drop in boost for market sentiment
Hong Kong’s new home prices sink as SHKP launches at 11-year low in Sai Kung
Swire Properties bullish on mainland China despite tariff war’s pall
South Korea government plans US$4.9 billion more help for semiconductors as US tariff risk bites
Taiwan shipping tycoon buys HK$260 million luxury home in Hong Kong
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