Singapore Real Estate / Built Environment
Revised building codes to increase accessibility and support for nursing mothers, people with disabilities
A revised building code will increase accessibility connections and support for people with disabilities, the elderly and nursing mothers, the Building and Construction Authority (BCA) announced on Monday (Apr 7).
https://www.zaobao.com.sg/news/singapore/story20250407-6132182
Upper Serangoon Shopping Centre seeking S$260 million in en bloc market
The freehold Upper Serangoon Shopping Centre, a six-storey strata-titled building completed in 1982, is being marketed in a collective sale at a guide price of S$260 million.
Let large families buy new HDB 3Gen flats and enjoy priority for 4- and 5-bedder exec condos
My parents have three children. However, when I was growing up in the 1970s, the mantra in Singapore was for families to stop at having two children. Today, amid a low birth rate and an ageing population, the government has numerous measures to encourage couples to have children and possibly three or more.
Amid 2025’s fresh uncertainties, opportunities and risks emerge in the HDB resale market
The public housing market experienced a flurry of activity in 2024, with resale volume reaching a three-year high and many transactions eclipsing the one-million-dollar threshold.
Singapore Economy / GE 2025
PM Wong to deliver ministerial statement on US tariffs
Prime Minister Lawrence Wong will speak on US tariffs and their implications for Singapore when Parliament meets on April 8. The Republic was among the countries hit by a “baseline tariff” of 10 per cent that US President Donald Trump announced on April 2. These and steeper “reciprocal tariffs” on at least 60 of the US’ trading partners took effect on April 5.
Singapore seen easing monetary policy as tariffs threaten growth
Singapore is expected to further ease monetary policy at next week’s review, following a move in January, as US tariffs against its trading partners cast a shadow over the outlook for the export-reliant city-state.
https://www.zaobao.com.sg/finance/singapore/story20250407-6131648
GE2025: S’pore needs leaders with integrity, competence, a sense of public service, says Heng Swee Keat
Singapore needs leaders with integrity, competence and a sense of public service, said Deputy Prime Minister Heng Swee Keat. And those who join politics must do so for the right reasons, he added.
Business News
Singapore banks lose over S$37 billion in market value as tariff sell-off continues
Shares of Singapore’s three local banks continued to slide on Monday (Apr 7), leading a broader market sell-off triggered by concerns over US tariffs.
DBS, Bank of China’s printing vendor hit by ransomware attack; over 11,000 customers’ data stolen
Over 11,000 customers of DBS Bank and Bank of China had their data stolen in a ransomware attack on the banks’ printing vendor. On Monday (Apr 7) night, DBS Bank said it was informed by Toppan Next Tech (TNT), one of its vendors for the printing of customer statements and letters, on Apr 5 at 10.21 pm that it had been a victim of a ransomware attack.
https://www.zaobao.com.sg/news/singapore/story20250408-6133327
Global Economy / Real Estate News
Trump says EU tariff proposal ‘very, very bad to us’
https://www.businesstimes.com.sg/international/trump-says-eu-tariff-proposal-very-very-bad-us
Oil prices slide 2% to near 4-year low as US trade conflict fuels recession fears
US consumer borrowing unexpectedly declines in broad pullback
JPMorgan CEO Dimon warns tariffs could slow US growth, fuel inflation
Australia’s April consumer confidence slammed by tariff turmoil
Trump threatens further 50% tariffs on China
https://www.businesstimes.com.sg/international/global/trump-threatens-further-50-tariffs-china
China floats rate cuts, stimulus to counter Trump tariff hit
Chinese shipping earnings face ‘harder-than-expected’ tariff hit as recession risks rise
Microsoft venture Wicresoft to halt China operations, cutting 2,000 jobs: report
German exports up in February ahead of tariffs as industrial production falls
Hong Kong’s office segment to see faster turnaround than retail sector: Morgan Stanley
Hong Kong residential landlords get support from workers at hedge funds, crypto: Savills
Hong Kong manufacturers at risk of job cuts, closure over Trump tariffs: experts
Hong Kong firm did not uphold Panama Canal ports contract: Panama audit
BOJ warns of heightened uncertainty as Trump tariffs batter markets
Malaysia to chair special Asean meeting on Thursday as US tariffs rattle region
South Korea to prepare support measures as US tariffs loom
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