News
Daily Briefing: Private capital raising platform CapBridge gets $5.54m investment; Build environment sector receives a $20m boost.
Daily Briefing: Private capital raising platform CapBridge gets $5.54m investment; Build environment sector receives a $20m boost.
And GEC-KIP Fund invests $3.2m in Vietnamese proptech firm Rever.
Chart of the Day: Leasing transactions up 7% to record 23,875 in Q2
The Outside Central Region posted the largest increase in leasing volume.
HDB resale transactions down 7.6% to 1,921 units in August
This was attributed to the slower resale activity during the season.
Fragrance Group bought Min Yuan Apartments for $141m
The company is seeking to redevelop the land with an adjacent plot to a hotel.
ComfortDelGro launches trial for on-demand bus service
Residents at Tanjong Rhu and Meyer Road can catch a bus via an app.
Ascott opens co-living space for millennials
The nine-storey lyf Funan Singapore spans 121,000 sqft and has 412 rooms.
Temasek joint venture to invest nearly $70m in supply chain startups
Reefknot Investments will focus on series A and B rounds of startups.
City Developments secures $250m sustainability-linked loan
It will be used for general working capital and corporate funding.
Grade A office rental growth to slow as supply moderates
Rents grew 14.9% in 2018.
Chart of the Day: Check out Singapore's tourist mix
ASEAN represents 40% and visitors from China account for 17%.
Daily Briefing: Debt and reserves eyed to fund $100b climate change push; Chinatown conservation shophouse for sale at $8.5m
And insurtech firm Singapore Life joins Railsbank’s $13.87m funding round.
Daily Markets Briefing: STI up 1.29%
Hongkong Land led the gains amongst top active stocks with a 8.27% increase.
Economists cut GDP growth forecast to 0.6% : MAS survey
Q3 growth is expected to come in at an average of 0.3%.
Bus and train fares may rise 7% after train review
Rail operators stands to gain whilst ComfortDelGro’s prospects remain neutral.
D'Grove Villas relaunched for sale at $392m
It can be redeveloped into a 36-storey, 141,120 sqft luxury condo.
Temasek's US$3b stake sale in A.S. Watson put on hold: report
The move is blamed on Brexit and the political unrest in Hong Kong.
OUE C-REIT and H-TRUST merger kicks into effect to create $6.9b entity
Its market cap and free float are set to increase to approximately $2.9b and $1.1b, respectively.
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