In Focus
July RevPAR hits five-year high at $203.6
This is the highest so far for the year.
Non-landed residential DC rates trimmed 0.3% after September review
Sector 112 DC rates fell 7.4% due to the disappointing bid price for Clementi Avenue 1 GLS.
Retail space supply to drop sharply after 2019
The total amount of future private retail supply from 2020-2022 is estimated at 0.39 million sqft.
Commercial property transactions fell below US$5b mark in H1
Singapore trailed its Asian peers in terms of the number of transactions.
Singapore clinched $145.78m of healthtech deals in 2018
The city trails only behind China and India in terms of deal value.
Inflation hits three-year low in July
Core inflation eased to 0.8% YoY mainly due to cheaper energy prices.
Faltering bike-share industry receives lifeline in SG Bike and Mobike tie-up
With 25,000 bikes set to be added to its fleet, SG Bike will soon hold the crown as the city’s largest bike-sharing operator.
Prime office rents up 0.9% in Q2
Co-working space operators drove net absorption.
Singapore defies real estate investment decline as Q2 transactions hit $4.02b
Standout deals include the purchase of Fraser Tower for $990.63m and Marina Square Shopping Mall for $487.4m.
Private project launches up 23.1% in Q2
Eight projects came from the Rest of Central Region.
Delistings drag on Singapore's recovering IPO market
There are about 14 companies undergoing privatisation in 2019.
Could the Singapore CBD be revitalised like Sydney's?
Robust net absorption and growing rents paint a positive outlook for the sector.
Fintech funding nearly quadrupled to US$453m in first six months of 2019
The number of deals surged 55% to 48.
Why new insurers are growing rapidly in Singapore despite low-cost offerings
The market share of FWD and Budget Direct, which both entered the market in 2016, have grown 2,704% and 7,400% respectively.
MTI downgrades 2019 GDP growth forecast to 0.0-1.0%
The economy grew by just 0.1% in Q2.
Maybank Singapore's strategy to drive wealth management costs down
The bank is enhancing its digital capabilities beyond portfolio reviews to support a growing number of online transactions.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform