Some analysts remain sanguine about the impact of rising risk-free rates which are yields 10-year government bonds, on REITs’ unit prices.UOB Kay Hian has said S-REITs provide an attractive distribution yield of 5.90%, which is 0.9SD above long-term mean. The downside is limited to a correction of...

Analysts are positive on Singapore’s residential sector in view of strong new launch sales momentum year-to-date (ytd) with take up rates at around 83% during launch weekends compared to 43%-64% in the past two years.The Singapore residential market is gearing up for two launches in September – ...

REAL estate developer and investor Ho Bee Land saw a 42 per cent increase in net profit to S$149.9 million on the back of higher rental income, higher sales, and realised divestment gains on its <a href="https://www.businesstimes.com.sg/companies-markets/ho-bee-land-divests-m... targ...

Ho Bee Land has reported a 42% y-o-y jump in its 1HFY2022 earnings. Revenue in the same period was up 13.3% y-o-y to $178.3 million.For the six months to June 30, earnings increased to $149.9 million, which includes a $16 million net fair value gain on its investment properties, as well as a $32.8 m...

CAPE Royale, the first large-scale launch at Sentosa Cove in over a decade, is said to have moved about 50 per cent of the 50 units put up for sale on its first day of bookings on Wednesday (Jul 6). Its 3-bedroom units were understood to be sold at a median price of S$4 million, while 4-room...

CAPE Royale, the first large-scale launch at Sentosa Cove in over a decade, is said to have moved about 50 per cent of its 302 condominium units on its first day of sales bookings on Wednesday (Jul 6). Its 3-bedroom units were understood to be sold at a median price of S$4 million, while 4-r...

CAPE Royale, the first large-scale launch at Sentosa Cove in over a decade, is said to have moved about 50 per cent of its 302 condominium units on its first day of sales bookings on Wednesday (Jul 6). Its 3-bedroom units were understood to be sold at a median price of S$4 million, while 4-r...

After 9 years in the rental market, luxury development Cape Royale at Sentosa Cove is now being launched for sale. Joint developers IOI Properties and Ho Bee Land will start sale previews for the 99-year-leasehold project on Tuesday (Jun 28), and begin bookings on July 6 with prices starting...

Furthermore, the return of business tourists, from the government's efforts to attract more meetings, incentive travel, conferences and exhibitions (MICE) events, may also have a positive spillover effect on Genting Singapore, which should lift the group’s gross gaming revenue and earnings ahead.I...

Overall transaction volumes during the quarter fell 45% y-o-y to 5,035 units, thanks to a bigger decline in the primary market. The primary market fell 55% y-o-y to 1,844 units in the 1Q2022, while the resale market saw a slower decline of 39% y-o-y.According to DBS Group Research analysts Derek Tan...

FOR the 5 trading sessions that spanned Mar 18 to 24, the Straits Times Index (STI) gained 2.3 per cent, with the FTSE China A50 Index rising 1.2 per cent, the Hang Seng Index adding 2.3 per cent and the FTSE Bursa Malaysia KLCI up 0.1 per cent.

FOR the 5 trading sessions that spanned Mar 18 to 24, the Straits Times Index (STI) gained 2.3 per cent, with the FTSE China A50 Index rising 1.2 per cent, the Hang Seng Index adding 2.3 per cent and the FTSE Bursa Malaysia KLCI up 0.1 per cent.

SOME market watchers are predicting that London's office towers will hollow out, as more people work remotely and Brexit pushes companies to leave the United Kingdom. But property group Ho Bee Land is betting those fears are overblown.

THE following companies saw new developments that may affect trading of their securities on Friday (Mar 18):

HO Bee Land on Thursday (Mar 17) announced that it had recently divested a commercial property known as Elementum located in Munich, Germany, booking an estimated gain on its notes investment of some 44.8 million euros (S$67.1 million) from the sale, said preliminary information from Credit ...