News
HDB rents inched up 1.3% YoY in December
HDB rents inched up 1.3% YoY in December
The rents for all room types, except three-room HDB units, all grew.
SGX buys 93% stake in index provider Scientific Beta for $280m
This will expand its Data, Connectivity and Indices business.
Chart of the Day: Retail space pipeline until 2022 to hit 602,000 sqft
Supply per year falls far behind the past three-year average of 1 million sqft.
Daily Markets Briefing: STI down 0.6%
YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 2.75% contraction. The Straits Times Index ended 19.37 or 0.6% lower at 3,234.56. The top active stocks were Singtel, which grew 1.83%, DBS, which fell 0.57%, UOB, which inched down 0.68%, YZJ Shipbuilding, which contracted 2.75%, and OCBC Bank with a 0.72% decline. The FTSE Mid Cap slid 0.3% whilst the FTSE Small Cap dipped 0.34%.
Daily Briefing: SIA to upsize Boeing fleet in India; Fish farmers Barramundi Asia, Allegro Aqua eye merger
And food delivery app Hi-So secures funding.
Inflation rate hits 0.6% in 2019
This is the fifth year the headline rate has failed to go over 1%.
Retail space rents grew 2.3% in Q4 2019
Even with a quarterly increase, a rental gap could emerge as landlords shake up tenant priorities.
Office rents edged down 3.2% in Q4 2019
Demand is expected to be subdued in 2020 due to companies’ budget restraints for expansion. Office space rents saw a decrease of 3.2% in Q4 2019, a bigger plunge compared to the 0.6% slide in the previous quarter, according to a report by the Urban Redevelopment Authority (URA). For the whole of 2019, office space rentals declined 3.1%.
Home prices jumped 2.7% in 2019: URA
Prices of landed homes grew 5.7% for the whole year. Prices of private homes leapt 2.7% YoY for 2019, according to the Urban Redevelopment Authority (URA). For Q4 2019, prices also grew 0.5%. Prices of landed residential properties rose by 5.7% whilst those of non-landed properties rose by 1.9%. For Q4 2019, prices of landed and non-landed properties increased by 3.6% and fell by 0.3% respectively. For the whole of 2019, prices of non-landed properties in Core Central Region (CCR) decreased by 1.7%, whilst prices in Rest of Central Region (RCR) and Outside Central Region (OCR) increased by 2.8% and 4.2% respectively. Home rentals Rents also enjoyed growth in 2019, having risen by 1.4% compared to the 0.6% increase in 2018. For Q4 2019, rents dipped 1%. Rentals of landed properties decreased by 3.4% whilst rentals of non-landed properties increased by 1.9%. For Q4 2019, rentals of landed and non-landed properties both decreased by 1.6% and 0.9%, respectively.
Singapore's Temasek and EQT launch O2 Power platform in India
It will target over 4GW of installed capacity across solar and wind.
Mapletree Commercial Trust's NPI up 17.6% to $103.30m in Q3
Its office and business park assets’ gross revenue and NPI rose.
Frasers Centrepoint Trust's NPI up 2.6% to $36.32m in Q1
Income from PGIM ARF boosted its growth.
Novelship fills the gaps in the sneakers reseller market
It acts as an “gatekeeper” for authenticity and product condition.
Chart of the Day: Retail occupancy rates in Orchard/Scotts Road hit 94.2% in Q3 2019
The area posted the highest occupancy rate for retail properties.
Daily Markets Briefing: STI up 0.21%
Capitaland led the gains amongst top active stocks with a 1.3% expansion.
Daily Briefing: CPF rolls out online nominations; Hewlett-Packard, NTU unveil new 3D printing courses
And Singapore is named as a destination with the richest multigenerational family offerings.
Singapore dominates mobile payment market for Chinese tourists
77% of Chinese tourists in the city use mobile payments.
Commentary
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
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices
Could Singapore lead the world's next management revolution?
RIE2030’s real test: Turning innovation into impact
What Singapore logistics operators often overlook when electrifying fleets