News
Private condo resale prices dropped 6% in January
Private condo resale prices dropped 6% in January
Total units resold crashed 52.7% to 529 units.
Can Venture Corporation recover and regain investor confidence?
Its major customers, Illumina and Philip Morris, guided for growth in 2019 but trade war risks remain.
City Developments' Whistler Grand hits 80% take-up rate despite cooling measures
The average selling price of launched units is at $1,350 psf.
Hyflux extends deadline to file proofs of claim to 1 March
Parties are requested to set out all known obligations the scheme companies have towards them.
CapitaLand takes its shopping voucher digital
CapitaVoucher can be purchased, stored and redeemed via the CapitaStar app.
Daily Markets Briefing: STI up 0.13%
The spotlight on the US-China trade negotiations may soften local sentiment.
Chart of the Day: Over 20 million sq ft in the industrial supply pipeline until 2022
Roughly 68% of the supply are owner-occupied type.
Daily Briefing: SIAS questions Hyflux CEO's remuneration amidst financial troubles; Elderly to reap benefits from Singapore's budget
And Spanish Village relaunched for collective sale at $882m.
UOB launches high street Wealth Banking branch at Faber House
It aims to cater to the 476,000 emerging affluent customers in Singapore.
Singapore 2019 budget will be delivered on 18 February at 3:30 p.m.
A live webcast of the budget speech will be available on the Singapore budget website.
Private condo rents could grow 2% in 2019
It could be bolstered by the low supply of GLS and HDB BTO units.
DBS wealth management fees to contract 1.3% in 4Q18
The decline is attributed to high net worth clients continuing to be risk averse.
Hospitality REITs cash in on tourism high
OUE Hospitality Trust posted the highest return in FY18 at 6.5%.
Daily Briefing: 3,500 tenants bought first home with housing grant help; German online payments Wirecard AG refutes fraud allegations
And Singapore concerned with the collision of Malaysia’s vessel with a Greek carrier in Tuas.
Chart of the Day: Utility stocks start strong with 17% average returns in 2019 YTD
The best performing stocks were China Jinjiang Environment and China Everbright Water.
Daily Markets Briefing: STI up 0.04%
Reignited US-China trade tension fears may dampen local sentiment.
COE premiums close mostly higher in February bidding exercise
Category A vehicle premiums dropped whilst the rest saw increases.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform