5AE Pollux Prop
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Pollux Prop News
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.
Singapore Shares Up on Positive Global Cues; Pollux Properties Surges 12%
Singapore shares closed higher on Monday, tracking strong gains in the US and European markets. The benchmark Straits Times Index rose 0.34%, or 10.88 points, to end the day at 3,234.89. The index flu
Pollux Properties Seeks Extension to Hold Annual Meeting; Shares Jump 8%
Pollux Properties (SGX:5AE), through its sponsor Novus Corporate Finance, applied for an extension to move the deadline for its annual general meeting and issuance of its sustainability report for 202
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.
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.
Pollux Properties Names CEO
Pollux Properties (SGX:5AE) appointed Nico Purnomo Po as chief executive officer of the company, effective Oct. 27, replacing Jacob Lee Yen Min. Po most recently served as CEO of Pollux Holdings, acco
Singapore's Most Traded Stocks, Flows & Performances in 1Q23
Singapore Shares Close Marginally Higher; GP Industries Slips 2% on Disposal of Remaining Stake in Taiwanese Unit
05:37 AM EDT, 09/21/2022 (MT Newswires) -- Singapore's Straits Times Index opened slightly lower on Wednesday, extending losses in US and Europe, before closing marginally higher ahead of a two-day US
Pollux Properties Acquires Three Hotels in Indonesia
03:09 AM EDT, 09/21/2022 (MT Newswires) -- Pollux Properties (SGX:5AE) completed the acquisition of three hotels in Indonesia on Tuesday, according to a same-day bourse disclosure. The company -- thr
Pollux Properties Acquiring Three Hotels in Indonesia for Nearly $15 Million
06:21 AM EDT, 09/12/2022 (MT Newswires) -- Pollux Properties (SGX:5AE) -- via its units PT. Sumber Makmur Investasi, PT. Mitra Investasi Abadi and PT. Investasi Cemerlang Sukses -- will acquire three
Pollux Properties Swings to Profit in H2
01:59 AM EST, 02/25/2022 (MT Newswires) -- Pollux Properties (SGX:5AE) swung to profit in the six months ended Dec. 31, 2021, to SG$4.2 million ($3.1 million) as against a net loss of SG$1.5 million a
Pollux Properties to Book Losses in H1
06:14 AM EDT, 08/09/2021 (MT Newswires) -- Pollux Properties (SGX:5AE) expects a loss in the first half due to lower revenue from the serviced apartment in the wake of lower average daily rates, acco
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