News

Over 3,000 HDB flats for sale in first BTO tranche

Of the 3,739 flats, 3,162 are BTO units whilst 577 are ROF.

Frasers Property Q1 profits surged 76.1% to $145.59m

It was boosted by the sales and settlements of its residential development projects in Australia and China.

HDB rents grew 0.3% in January

HDB 5-room rental rates inched up 1.2%.

Chart of the Day: Average prime condo rents up 2% in 2018

Demand came from displaced homeowners and tenants of en bloc sale sites.

Daily Markets Briefing: STI down 0.16%

Wall Street's optimism on US-China trade talks could boost local sentiment.

MAS sets up corporate governance committee

It is led by Singtel director Bobby Chin.

Zilingo clinches $307.1m in Series D funding

The funding round was led by Sequoia Capital, Temasek and the Singapore investment fund EDBI.

ComfortDelGro weathers market shake-up as Go-Jek threat fades

The lowering of incentives at Go-Jek narrows the earnings divide between private hire and taxis.

Retail sales dipped 6% to $4.3b in December 2018

Medical goods and toiletries was the only sector to report an increase of 1.8%.

HDB resale volume rose 4.6% to 23,099 units in 2018

Punggol recorded the highest sales volume of standard flats at 47%.

Mapletree Industrial Trust to raise $175m via private placement

The proceeds will primarily be used to fund its 18 Tai Seng acquisition.

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.