, Singapore

Daily Briefing: COE falls across most categories; Housing market still struggling: report

And pirates kidnap three on Singapore tanker off Malaysia.

  • Premiums for the Certificate of Entitlement (COE) decreased across most categories in the latest bidding for April. Read more here.
  • Following the introduction of the Total Debt Servicing Ratio (TDSR) framework in June last year, the private housing market continued to be weak in Q1 2014 with price declines led by mid-tier and high-end homes, according to a Colliers International report. Know more here.
  • Armed pirates boarded a Singapore-managed oil tanker in the Strait of Malacca, kidnapping three Indonesian crew and stealing some of the vessel's shipment of diesel fuel, the International Maritime Bureau said Wednesday. Find out more here. 
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