In Focus
Singapore's co-working boom has no end in sight
Singapore's co-working boom has no end in sight
There are around 110-120 operating flexible workspace centres islandwide, and leasing demand is poised to hit 550,000 square feet in 2018.
Can Grab Ventures address Singapore's worsening funding gap?
There are only a handful of funds focusing on providing Series B funding.
Singapore's flexible office market jumped 17%
Average desk rates hit $558.
S-REITs raised $4b YTD amidst acquisition fever
But large deals are expected to be rarer and reduce yields to at least 3%.
Asia could learn to manage digital economy from Singapore
It imposed the 7% GST on cross-border digital services.
Stores turn to pop ups to survive amidst exits in the retail sector
Gap, Banana Republic, and American Eagle Outfitters recently shut down their stores in Central, whilst Chanel, MiuMiu and Fendi put up their pop up stores earlier this year.
Can Singapore casinos finally hold their ground against Macau?
The city’s two gambling resorts have been performing strongly, pressuring operators to sustain the upward trend.
Industrial leasehold prices plunged to 5-year lows in Q1
Prices for 30-year leasehold properties declined 3% in 3 years.
Where did Singapore's US$503b overseas investment go?
69% of it went to developing countries like Myanmar, Indonesia, and Malaysia.
Fundraising for acquisitions slashed S-REITs' distribution per unit by 2.6%
Acquisitions have boosted S-REITs' secondary equity offerings to $2.1b.
Embattled Hyflux speeds up asset sale amidst liquidity crunch
The company needs more time for asset disposal to buoy it from its earnings slump.
Companies in the dark about adjusting prices during GST hike
The government didn’t give a specific date on when it would raise the tax rate from 7% to 9%.
Singapore's real estate investment in Australia ballooned 141% to US$3.5b
Singaporean investors are attracted to the country's proximity, lease structures, and market transparency that investments quadrupled in the last 7 years.
Wine retailers go online to tap into Singapore's US$1.4b market
One retailer reported 25,000 orders and a revenue of $4m in Singapore.
Singapore private banking bonuses up by as much as 7% in 2017
Gone are the days of pure cash bonuses as bankers of the ultra wealthy can also expect bonuses in the form of stocks and shares.
Banks are at the forefront of Singapore's future-ready upskilling charge
OCBC recently rolled out a massive upskilling programme powered by a $20m investment to be made available for its 29,000 employees.
Singapore's ultra wealthy lured to shophouses despite lower yields
Rental yields for some shophouses have compressed over the years and average 2.5-2.7% now.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform