Property

Frasers Centrepoint Trust, the owner of the remaining 50%, has right of first refusal

For years, property prices barely budged; renters could expect their costs to never rise. That era is now over

About 35% of guests whose first Airbnb booking is a hotel return to book a home, it said

The hotel’s new operator is to be announced, and its opening has been targeted for Q2 2027

The firm failed to repay two maturing trust products and was seeking extensions on some bank loans

But lower purchase activity shows borrowing costs still prohibitively high for prospective buyers

Price translates to roughly S$3,617 psf on net lettable area of 73,271 sq ft

Owning 100% of its main cash generator makes strategic sense, analysts say

Property prices in the picturesque coastal city get ‘uncomfortably high’ amid rising competition