BUILDING & ENGINEERING | Staff Reporter, Singapore

Daily Briefing: Mapletree Logistics Trust tops REIT performance; Government may allow short stays in private homes

And here are the cheapest cars you can buy right now.

From via Yahoo! Finance:

In Singapore, the words “car” and “cheap” are rarely used in the same sentence.

Cars in Singapore are notoriously expensive, thanks to the many taxes imposed on them. These include the Certificate of Entitlements (COEs), Additional Registration Fee (ARF), Excise Duty, GST and most recently, the Vehicular Emission Scheme (VES), which replaces the outgoing CEVS.

Despite its price, we understand that some families simply need a car. Whatever your reasons may be, here are the cheapest cars you can buy in Singapore today.

Read more here.

From PropertyGuru:

Short-term accommodations, such as those offered on Airbnb, may be allowed for private homes in Singapore but subject to proper safeguards and controls, said National Development Minister Lawrence Wong in Parliament on Tuesday (6 February).

“We are working out these regulatory parameters and will consult the public on the proposed measures before finalising them,” he said.

Read more here.

From The Motley Fool:

In late January, Mapletree Logistics Trust (SGX: M44U) released its third quarter earnings update for its fiscal year ending 31 March 2018 (FY17/18).

As a quick introduction, Mapletree Logistics Trust is a REIT with 124 logistics properties in many countries in the Asia Pacific region. These countries include Singapore, Hong Kong, Japan, Australia, China, Malaysia, South Korea and Vietnam.

During the reporting quarter, the REIT experienced a 2.8% year-on-year increase in gross revenue to $98.22m. Consequently, its net property income improved by 3.9% to $83.02m. The top-line growth flowed to the bottom-line, as the REIT’s distribution per unit (DPU) climbed by 2% to 1.907 cents. Mapletree Logistics Trust attributed its growth to a stable performance from its existing properties, and new contributions from acquisitions.

Read more here.

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