Straits Times: HDB rents still well on the rise

Demand still there with expats on smaller housing allowances and those priced out of condo market
By Fiona Chan, PROPERTY CORRESPONDENT
Rents at many condominiums in Singapore appear to be peaking, but landlords of Housing Board flats are still riding the cash wave.
HDB rents continued their steady rise in the second quarter of this year, increasing [...]

Business Times: CapitaLand Q2 profit falls 43.5% to S$515.2m

CAPITALAND group president and CEO Liew Mun Leong has urged analysts and journalists ‘not to be overinfected with what’s happening in the US’. He made this call yesterday at the property group’s briefing on
its results – which saw second-quarter net profit falling 43.5 per cent year-on-year to S$515.2 million.
‘Despite the cautious market sentiment, we have [...]