PROPERTY

Homebuyers get 6 months to review new purchase

HOMEBUYERS facing buyers' remorse will have six months to mull over whether they should go ahead with their purchase as they are now also given cover under the temporary relief measures from legal...

Temporary relief measures to also cover purchases of new homes: MinLaw

PROPERTY buyers are now also given cover under the temporary relief measures from legal action as a result of Covid-19.

Landlords will become kingmakers; and local brands could benefit

JOSH Leong, co-founder of local shoemaker Palola, moved his business to CityLink Mall in January, just weeks before the authorities began implementing increasingly tough measures to curb the...

CapitaLand Mall Trust's Q1 DPU down 70.5%

CAPITALAND Mall Trust (CMT) has entered cash-conservation mode amid the volatility of Covid-19, leading to a 70.5 per cent fall in distribution per unit (DPU) to 0.85 cent for the first quarter...

Property tech startup Smarten Spaces raises US$12m from Hong Kong's Symphony

SMARTEN Spaces, which offers an end-to-end digital platform for space management, has raised US$12 million in Series A funding from Hong Kong's Symphony International Holdings.

Short leases come with high risk for co-living players

CO-LIVING'S short flexible leases - one of its main draws - could also be the biggest risk factor in its business model.

Investors are gearing up for Thai property IPO bonanza

FOR investors seeking a slice of Thailand's property market, this is turning out to be the year to do just that.

Thailand's richest man plans US$1.5b IPO

THAILAND'S richest man Charoen Sirivadhanabhakdi is planning an initial public offering of a domestic property business that could raise at least US$1.5 billion, people with knowledge of the matter...

What’s next for the property sector?

HALF of the year has flown by and, truth be told, I barely noticed the passage of time. The year started off on an optimistic note, with analysts forecasting bright skies ahead for the global...

Plans afoot to help firms raise skills and embrace innovation

IN the government's push to future-proof the real estate sector, it has identified property transaction services and facilities management (FM) as the two sub-sectors with immense potential to...

Property agents face prospect of tech takeover

FIRST it was sagging sales. But even as the property market now shows tentative signs of bottoming out, the shrinking industry of real estate agents looks set for even more pummelling as property...