Singapore
Upward trend of COE prices seen due to rising earnings and ‘zero vehicle’
Upward trend of COE prices seen due to rising earnings and ‘zero vehicle’
In April, COE prices for Category A cars went up by $7,503.
Net take-up for CBD Grade A office space down 471,000 sq ft in Q1
Its vacancy also increased 7.4% amidst rising economic challenges.
LTA to increase COE quota of non-electric cars to 10,431
The adjustment would expand the total quota to 10,431.
CBD Grade A office spaces vacancy rises to 7.4% in Q1
This is the second consecutive quarter that the vacancy rate increased.
Yanlord Land contracted pre-sales doubles to S$810m in April
The city of Suzhou contributed the highest with S$407m.
DBS imposed with $1.6b additional capital requirements for service disruptions
Total additional regulatory capital has now reached about S$1.6b (US$1.2b).
Landmark receives payment license in Singapore
It began its operations after acquiring the license.
Food and beverage sales go up 17.8% to $956m in March
Food caterers have sizeable sales growth, with 80.1%
This startup’s clinic software is the first to be fully compatible with HealthierSG
Galen Health is one of the vendors that joined HealthierSG’s SmartCMS Programme.
Hyflux former chief Olivia Lum faces three more charges
Hyflux’s unaudited financial statements in 2017-2018 failed to disclose millions in bank deposits.
Retail sales soar 4.5% to $4.1b in March
13.0% came from online retail stores.
Higher ABSD rate hits foreign demand in ‘The Continuum’ sale
PropNex said the increased rate hit investment demand.
Daily Markets Briefing: STI down 0.14%; CapitaLand Investment Limited is leading
Yangzijiang Shipbuilding is the most active stock.
Singapore highest globally for total stamp duty on foreigners
The market recently put a 100% increase in the ABSD rate for foreigners.
Private home prices to cool off at 4%-7% in 2023: experts
Meanwhile, expect more buyers to return once the interest rate stabilised in the second half.
Singapore has the priciest office fit-out costs in SEA
The Lion City’s fit-out cost for a basic hybrid is $113 (US$86 psf).
HDB resale prices to cool off at 5%-8%: experts
Meanwhile, expect demand for resale flats to increase in the second half of 2023.
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