Singapore
HDB doubles supply of Parenthood Provisional Housing Scheme flats
The agency increased the flat supply to 4,000 by 2025 from the current 2,000.
CICT posts 2.1% YoY higher income of $362.5m in 2H23
The REIT attributed the increase to its sound operational performance.
CapitaLand-backed The Work Project signs JV to expand flex-workspace in Australia
Dexus’ operations will be transferred to TWP.
Paragon REIT’s net property income rises 1.7% YoY to $215.1m in FY23
Despite higher income, the REIT declared a 9% YoY lower DPU.
Native Land appoints Chris Fossick as non-executive director
Fossick was formerly JLL Southeast Asia’s CEO.
Hong Lai Huat sells Cambodia properties for $50m
The properties will be sold into two separate sale and purchase agreements (SPAs).
Retail sales drop 0.4% YoY in December
Month-on-month, sales fell by 1.5%.
F&B sales growth eases to 0.3% in December
In November, F&B sales grew 1.6% YoY.
What are the top thriving job sectors in Singapore?
The top sector saw a 20% jump in job postings.
Leasehold strata office sales climb 7.8% HoH to 114 in 2H23
Sales value for the period was $291.7m.
Daily Markets Briefing: STI down 1.54%; Top stock is DBS
DBS is the top stock despite a 1.148% decrease.
Singapore lags in AI integration despite consumer preference: study
AI bias in the city-state significantly more than the global average
Food delivery app drives digitalisation in F&B sector: report
Deliveroo estimated to have contributed $139m to the local economy.
Alipay+ enables usage of 6 international e-wallets in Singapore
Its merchants can now accept payments from up to 12 overseas e-wallets.
Kembangan development likely to fall under the Plus model
Huttons said the development may lift property prices in the area.
Frasers Property Limited’s pre-sold revenue hits $2.4b in 1Q24
Its net debt-to-equity ratio also increased to 78%.
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