Singapore
Ascendas REIT to acquire Philips APAC Center for $104.8m
Ascendas REIT to acquire Philips APAC Center for $104.8m
More than two-thirds of the property’s gross floor area will be leased to Philipps.
Singapore priced $2.4b inaugural sovereign green bond at 3.04%
The remaining $50m of the bond will be offered to investors.
Price, demand for HDB rental assets decline for the first time in 3 years: PropertyGuru
Asking prices for HDB rental properties was at 0.95%.
Rental prices for private properties see sharp spike in Q2 as expatriates return
Prices rose by around 8% to 15% in Q2.
Hong Leong Finance sees profits rise to S$45.1m in H1
It has also announced an interim dividend of S$0.0375 in its latest bourse filing.
Selling prices for private properties grow by around 3%-5% in Q2
The strong takeup in new condo launches boosted prices during the quarter.
Companies should ‘sharpen focus’ on risk profile amidst major external events
Managements need to proactively identify, quantify, and respond to risks such as supply chain and geopolitical risks, says KPMG Singapore’s Head of Advisory (Consulting).
7 in 10 employers mull hiring talent for sustainability roles in the next two years
Companies are also open to training current employees on sustainability.
No recovery yet for HDB resale demand since cooling measures: analyst
HDB sales are 11.3% lower and below the 12-month average.
Chart of the day: Strata retail gears up for a comeback
Reopening of the retail sector spurred interest in strata retail spaces.
Market update: STI up 0.52%
City Developments Limited was at the top.
2 in 3 Singaporean financial services professionals mulling leaving jobs
Demand for financial services professionals shoots up by 76% in the country.
Prime Freehold Corner F&B unit up for sale: CBRE
The unit is located at 2 Greenwood Avenue.
Manulife US REIT’s net income rises 2.8% YoY to US$57.6m in H122
The REIT said higher car park income was amongst the factors that drove the increase.
Ascott acquires first lyf-branded co-living property in Tokyo
The property will be acquired through the Ascott Serviced Residence Global Fund.
IMDA bares 3 new 5G projects awarded under its innovation programme
These include holomedicine capabilities, cinematic AR experience, and smart glasses.
ARA H-Trust’s net income soars 131% YoY to US$21.1m in H122
The increase was on the back of the trust’s higher revenue and gross operating profit.
Commentary
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation