The 396-unit Chestervalewas one of the first executive condominiums (ECs) that Singaporeans encountered, after the hybrid housing scheme was launched in 1995. We’ve shared in previous articles that the first tranche of ECs got off to a relatively rough start. Those projects hit the market when the Asian Financial Crisis struck in 1997, and Chestervale launched that year. This makes […] The post This Old Bukit Panjang EC Once Had More Losing Sellers Than Winners — But Look At It Now first appeared on TheFinance.sg.

What’s different about landlords in Singapore, compared to many different countries? The answer, to me, is the degree of tolerance they have for vacancies. Now this definitely isn’t true for every landlord, and it’s anecdotal; but I meet more landlords here who are willing to let a unit go vacant for as long as a year, rather […] The post Why Singapore Landlords Still Refuse To Lower Rents — Even When Units Sit Vacant first appeared on TheFinance.sg.

Companies like Gardenia, Yeo’s and APB Singapore are moving production operations from Singapore to Malaysia. While boosting investment, this could intensify competition for labour, industrial land and other limited resources, say observers.

Two former Malaysian ministers have launched their own political party. There is much derring-do in the move, it is too early to write off the new entity, says this ISEAS-Yusof Ishak Institute researcher.

Lloyds will provide up to £500m of lending to UK universities, enabled by up to £350m of financial guarantees provided by the National Wealth Fund, which will help modernise up to 300 campus buildings. The post Lloyds and NWF commit £500m to retrofit uni campuses appeared first on Property Week.

This takes the firm's total earnings for the month to £76m. The post Savills toasts ‘growing momentum’ after raising £48m at second May auction appeared first on Property Week.