News

Chart of the Day: Homes bought by expats hit 1,600 in 2017

This is still lower than the bull market average of 3,600 per year.

Dual class shares won't quench need for liquidity: Bloomberg

Singapore unveiled a dual class share structure for listings a month after Hong Kong did.

Mapletree Logistics Trust's NPI up 3.9% to $83.02m in Q3

Thanks to higher revenue from its acquired properties in Hong Kong and Australia.

Slower private-hire car growth to bring taxi segment's stability

The growth of rental cars slipped to 34% after a surge of 76% in January 2017.

Slow workforce growth can't be stopped: MAS chief Menon

He said the "severe" slowdown cannot even be supported by immigration or foreign workers.

ComfortDelGro's Lion City Holdings acquisition to boost profits by 5%

It could raise its falling driver retention rate and defend its market share.

ST Electronics bags smart sensor network deal worth $98m

It will install smart sensors in cities in China, Europe, India, and the US.

SGX to launch dual class shares

The products could be launched by 1H2018, with an initial focus on new economy companies.

Kismis View site sold for $102.75m

Owners expect to receive gross proceeds of $1.6m and $3.3m.

Keppel in talks with Borr Drilling for rig sales

It confirmed a news report but said it hasn't set a price for the sale yet.

Eunos Mansion en bloc sale launched

Reserve price is at $218m, or $1,219 psf ppr.

Cache may acquire 10 logistics properties in Australia for $205m

Cache might need to raise between $50m to $70m of equity.