Singapore
Chart of the day: 99.9% of ECs sold made a gross profit averaging around $300k
Chart of the day: 99.9% of ECs sold made a gross profit averaging around $300k
Most ECs sold for a profit of $100k to less than $400k.
Market update: STI down 0.7%; YZJ is top stock
Yangzijiang Shipbuilding is top performer.
New home sales unhindered by rising mortgage rates
Sales were bolstered by the successful launches of major mass-market project.
Industrial investment sales rose over three-fold in Q3
The investment sales increased to $673.4m.
Business parks’ submarkets rental gaps widens
City Fringe rents increased whilst the rest of the island remained flat.
Residential investment sales up for the 2nd consecutive quarter in Q3
It is the top performing sector during the period with $3.58b in sales.
SIA Engineering Company to provide aircraft services for new Malaysian budget airline
This includes engine spares on-site consignment and repair support services.
Office take-up rate in 2022 to double year-on-year
The take-up rate reached 0.56 million square feet as of the end of Q3.
SG joins ICAO’s capacity-building programme on sustainable aviation fuel
Under the programme, SG will provide and receive training on SAF.
IMDA taps D·CAMP to be its landing pad partner in Korea
D-CAMP is Korea’s largest startup accelerator with a portfolio of more than 260 startups.
HDB rents rise 3.2% MoM in September
By room type, 5 Room saw the highest rent increase.
Condo rents climb 3.3% MoM in September
Across sub-markets, RCR saw the highest rent increase.
SIAEC inks deal to provide maintenance services to Hawaiian Airline until 2027
The mainboard-listed company will conduct maintenance checks for the airlines’ A330-300 fleet.
Retail rents continue to recover amidst improve shopper traffic and retail sales
Prime retail rents increased for the first time in four years.
Saving costs no longer enough for companies to be sustainable, says KPMG Partner
This is amidst the manufacturing sector’s huge contribution to greenhouse gas emissions.
How data is ensuring safer road travels for Grab’s fleet
By analysing driving behaviour, Grab can identify if their vehicles need maintenance work.
More than half of Singaporeans plan to switch to an e-vehicle
Currently, only 15% have made the switch.
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