Singapore
Retail space prices dropped by 1.3% in Q2
Retail space prices dropped by 1.3% in Q2
Rentals also suffered from weakness and fell by 1.1%.
Office space prices inched up by 1.9% in Q2
Rental growth was slightly softer at 1.6%.
Private home prices up by 3.4% in Q2
Prices of both landed homes and private condos rose.
Ascendas REIT eyes 12 properties in UK
It will be the firm’s debut in the UK logistics market.
Noble hit by losses of up to US$140m in Q2
But supply chains income could give it a pre-tax profit of US$50m.
Frasers Hospitality Trust's Q3 net property income down 2.8% to $28.5m
It blamed lower revenue from its Australian properties.
SIA Q1 profits plummeted by 58.67% to $139.6m
It blamed steep fuel price hikes.
Chart of the Day: Industrial rents dipped 0.1% in Q2
Analysts believe rents will be strengthened by the expansion in the manufacturing sector.
Daily Briefing: NTUC chief urges employers to raise retirement age; GIC to buy minority stake in a Spanish telco
And Tre Ver condo prices will be discounted amidst property curbs.
Daily Markets Briefing: STI up 0.05%
Wall Street's weakness could hit gains today.
TEE Land cancels purchase of 338 to 364 Upper East Coast Road land plot
It is assessing the market after getting hit by cooling measures.
Were the government's cooling measures premature?
A mere 9.1% price rebound flag concerns that such an intervention may have been uncalled for.
Keppel Capital and MindChamps to raise $200m for education real estate fund
It will invest in preschool and early learning real estate assets in the Asia Pacific.
SIAS cuts member database access in new website
It will launch the website on 28 July.
Katong Plaza and Fortune Park extend tenders amidst property curbs
Developers want more time to study their bids.
Singaporeans embrace e-marketplaces amidst explosive mobile usage
They are amongst APAC’s biggest patrons of food delivery and ride-sharing platforms.
Manufacturing output jumped 7.4% in June
All sectors recorded growth, led by biomedical manufacturing at 13.8%.
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
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