Emerging Towns and Cities Flags Loss for Q1 2024
Emerging Towns and Cities (SGX:1C0) expects to book a loss for the first quarter ended March 31, 2024, according to a filing with Singapore Exchange on Friday. The real estate investment and developer
Home Price Growth Slows as Sales Dip, Foreigners Scale Back: Analysts
New home sales slumping to a 16-year low, exacerbated by the waning demand from foreign buyers were the primary cause of easing home price growth in the first quarter, according to property analysts.
Could 2024 HDB Resale Prices Surpass 2023 Levels?
HDB resale prices in 2024 could outpace 2023 amidst high demand from first-time buyers, downsizing private homeowners, and limited flat availability, real estate expert said.
Emerging Towns and Cities Extends Long-Stop Date in Myanmar Unit Sale
Emerging Towns and Cities (SGX:1C0) extended the long-stop date in the previously disclosed sale of its wholly-owned subsidiary, DAS, to Grand Ally Investments, according to a Singapore bourse filing
Emerging Towns and Cities' Unit Incorporates an Indirect Subsidiary in China
Emerging Towns and Cities' (SGX:1C0) unit, ETC Capital, incorporated Hainan Jiupeng Chuhe Technology, an indirect wholly-owned subsidiary for a registered share capital of SG$1.5 million in China, acc
Emerging Towns and Cities Incorporates Subsidiary
Emerging Towns and Cities (SGX:1C0) incorporated a wholly-owned subsidiary, ETC Capital, on the Singapore bourse on March 5, a company filing revealed on the same day. The new subsidiary has been inco
Emerging Towns and Cities' Loss Narrows in Q4; Revenue Surges
Emerging Towns and Cities (SGX:1C0) posted a lower attributable loss to owners of SG$2.6 million in Q4 2023, compared with SG$8.7 million in the year-ago period. Loss per share for Q4 2023 came in at
Non-landed Residential Rents to Drop 5% YoY in 2024
The momentum from the influx of around 18,000 units of new completions and continued economic headwinds may lead to private non-landed rents dropping 5% YoY in 2024, Savills reported.
Singapore's Prime Office Rent Increases for the 11th Quarter
Office spaces in Singapore’s prime locations have increased for the past 11 quarters, now considered the longest of its kind in the country, a report by Knight Frank reveals.
Prime Retail Rents to Rise up to 4% in 2024: Knight Frank
Improving tourist arrivals and tight occupancy in prime locations will support the sector.
Singapore's Real Estate Investment Sales Drop Nearly 27% in 2023, Savills Says
Singapore's real estate investment sales dropped almost 27% in 2023 as the holiday season slowed investment activity, but could recover this year, data from real estate service provider Savills showed.
New Home Sales Tumble to Near 15-year Low in December
New private home sales, excluding executive condominiums (ECs), dropped by 83% MoM to 135 units in December, data from the Urban Redevelopment Authority (URA) showed.
Analyst Sees Sluggish Year Ahead for Real Estate Market
Singapore’s private residential market is facing a “slow grinding year” this 2024 amid easing home price growth and falling rents, according to RHB.
The “top players in the global property market” can't stand it either! New home sales in Singapore fall to a 15-year low
Singapore's transaction volume declined in December compared to the previous month; restrictive housing policy adjustments, economic slowdown and high housing prices weighed on sales.
Stricter Homebuying Rules to Prop up HDB Resale Market in 2024: Experts
Homeowners may also seek HDB resale flats as their property wait-out period fizzles out.
Emerging Towns & Cities Warns of Losses in Q3
Emerging Towns & Cities Singapore (SGX:1C0) expects to post a loss for the third quarter, mainly due to higher selling and distribution expenses, higher foreign exchange losses, and higher financing e
Emerging Towns & Cities Warns of Losses in H1
Emerging Towns & Cities Singapore (SGX:1C0) expects to post a loss for the first half of the year, mainly due to higher selling and distribution expenses, higher foreign exchange losses, and higher fi
Emerging Towns & Cities Disposing of 100% of Myanmar Unit
Emerging Towns & Cities Singapore (SGX:1C0) is disposing of 100% of its wholly owned subsidiary, DAS, to Singaporean investment holding company Grand Ally Investments for SG$4 million. DAS indirectly
Emerging Towns & Cities Narrows Q1 Loss
Emerging Towns & Cities Singapore's (SGX:1C0) loss attributable to owners narrowed to SG$1.5 million, or SG$0.0016 per share, in the first quarter, from SG$4.0 million, or SG$0.004 per share, a year a
Emerging Towns & Cities Flags Losses for Q1
02:44 AM EDT, 05/01/2023 (MT Newswires) -- Emerging Towns & Cities Singapore (SGX:1C0) expects to post a loss for the first quarter, mainly due to higher selling and distribution expenses, higher fore
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