Daily Briefing: Residential sector buoys investment sales; OUE mulls buying United Engineers stake

And here's how cafe hopping got cheaper in the city-state.

The rise in real estate investment sales in Singapore to $4.61 billion in Q3 was due to the robust number posted by the residential sector. The residential sector accounted for the bulk of investment sales in Q3 at $2.07 billion, or 45 percent of the total investment sales value. Know more about the story here.

OUE Ltd. is planning to pursue a stake in Singapore property and construction firm United Engineers Ltd. According to reports, the group will be backed by the billionaire Riady family. Read full story here.

Cafes in Singapore normally charge $5 to $7 for a single cup of coffee. With the KopiPass, coffee lovers can now enjoy their cup for only $1. Read more here.