Singapore
Elite REIT’s raises $47.5m from oversubscribed preferential offering
Elite REIT’s raises $47.5m from oversubscribed preferential offering
Its offering had a subscription rate of 121.1%.
Nearly half of Singaporeans expect inflation to decline: DBS, SMU survey
They cited the slowdown of global growth as the main driver for inflation to decline.
New home sales tumble to near 15-year low in December
The December sales fell 83% MoM to 135 units.
Singapore Airlines Group’s passenger volume rises 24.4% YoY in December
SIA and Scoot carried around 3.3 million passengers during the month.
Analyst sees sluggish year ahead for real estate market
CDL remains RHB’s top pick this year.
How much have EC land rates risen over the past 10 years?
The highest EC land rate recorded was $721 pst ppr for Tampines St. 62 (Parcel B).
Daily Markets Briefing: STI up 0.24%; Top stock is JMH USD
JMH USD is the top stock despite a 0.322% decline.
9 in 10 C-Suite leaders expect a faster rate of change in business environment
Only a few of them are fully prepared to respond to changes in a business environment.
SG emerges as amongst preferred overseas education destinations of parents from China and HK
One in six parents plan to send their child to study in Singapore or Japan.
Almost half of Singaporeans plan to rent additional storage space to declutter homes
Singaporeans want more space at home to increase productivity.
Singapore now has S$3.2b in funds ‘locked’ to prevent scams: ABS
Around 38,000 accounts now make use of local banks’ money lock feature.
Singapore ranks 8th in the list of counties with top tech funding in 2023
The country raised US$4.6b ($6.1b) in funding this year.
Cromwell EREIT’s portfolio valuation dips 1.5% in 2H23
In 2H23, the REIT recorded a gross valuation fair value loss of 2.9%.
Frasers Property names key appointments
The organisational changes will take effect on 1 February.
Port of Singapore’s container throughput rises 4.6% to 39.01 million TEUs in 2023
The port also set a new high of 3.09 billion GT of vessel arrival tonnage.
Cooling HDB resale market calls for review of wait-out period policy, says PropNex
It also urged realignment of ABSD remission treatment for HDB upgraders.
What is the most popular fintech app in Singapore?
The top app is used by 35.9% of Singaporeans.
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Commentary
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