Derek Wong

Derek Wong

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Has the Singapore property cash cow been fully milked?

Soaring real estate prices have taken the sheen off what many see as a golden investment, according to a study by the country’s largest bank.

Soaring real estate prices have taken the sheen off what many see as a golden investment, according to a study by the country’s largest bank.

1 Nov 2021 - 3:30PM
Sky-high prices: the million-dollar question facing Singapore’s public housing

A record number of public housing owners made large personal profits by selling their units for over S$1 million in 2020. What does that say about a system aspiring to affordable housing for all?

A record number of public housing owners made large personal profits by selling their units for over S$1 million in 2020. What does that say about a system aspiring to affordable housing for all?

18 Jan 2021 - 8:26AM
Singapore firms in aviation, construction struggle to get loans amid credit tightening

Loan brokers say firms in the worst-hit industries such as aviation and construction are finding it harder to get funds amid the Covid-19 pandemic.

Loan brokers say firms in the worst-hit industries such as aviation and construction are finding it harder to get funds amid the Covid-19 pandemic.

9 Oct 2020 - 9:50PM
A look at Stanley Ho’s foray into high-end Singapore property

The late Macau casino tycoon’s Shun Tak Holdings has spent more than US$1.4 billion on Singapore land and property since 2016, and market watchers are wondering if its residential and hotel projects are on track for completion.

The late Macau casino tycoon’s Shun Tak Holdings has spent more than US$1.4 billion on Singapore land and property since 2016, and market watchers are wondering if its residential and hotel projects are on track for completion.

31 May 2020 - 7:05AM
Will Singapore banks regret easy loans for coronavirus-hit businesses?

Struggling businesses have taken out 2,500 loans since March and while there is a risk of default, analysts say the loans will prevent the larger calamity of businesses collapsing. Banks are also well-capitalised, they add.

Struggling businesses have taken out 2,500 loans since March and while there is a risk of default, analysts say the loans will prevent the larger calamity of businesses collapsing. Banks are also well-capitalised, they add.

26 May 2020 - 2:35PM
Coronavirus: in Singapore, small religious groups pray for survival as donations dry up

Some places of worship in Singapore are dipping into their reserves to keep operations running as donations dry up amid the coronavirus pandemic.

Some places of worship in Singapore are dipping into their reserves to keep operations running as donations dry up amid the coronavirus pandemic.

11 May 2020 - 10:49AM
12 Apr 2020 - 1:20PM
In Singapore, can monster malls scare retail woes away?

Instead of shrinking from the growth of e-commerce, developers are doubling down on large-scale mixed developments – but uncertainties remain over the future of physical retail.

Instead of shrinking from the growth of e-commerce, developers are doubling down on large-scale mixed developments – but uncertainties remain over the future of physical retail.

2 Dec 2019 - 10:15AM
These Singaporeans won the housing lottery. Did money buy happiness?

A group of Singaporeans in their 60s and 70s became millionaires overnight when their condos were bought in collective sales by land-hungry developers. But it’s not all smooth-sailing, as health woes and other issues persist

A group of Singaporeans in their 60s and 70s became millionaires overnight when their condos were bought in collective sales by land-hungry developers. But it’s not all smooth-sailing, as health woes and other issues persist

19 Dec 2019 - 10:01AM
Ex-World Bank chief Robert Zoellick says Hong Kong leaders have lost touch, warns of ‘dangerous situation’

Robert Zoellick laments the new view in Washington that cooperation with Beijing has failed, but remains optimistic the two powers can turn their ties around.

Robert Zoellick laments the new view in Washington that cooperation with Beijing has failed, but remains optimistic the two powers can turn their ties around.

22 Sep 2019 - 5:10PM