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Why this could be a good time to buy Singapore property stocks
Why this could be a good time to buy Singapore property stocks
Home prices are set to make a comeback after a three-year losing streak.
HDB resale price index down 0.1% in 2016.
This is a big improvement from 1.6% decline in the previous year.
M1 to suffer higher capex as it beefs up investments in tech
Capex could rise to as high as $170m.
Keppel REIT's Q4 net property income slumps 9.6% to $31.4m
Blame it on the divestment of 77 King Street in Sydney.
OUE Hospitality Trust's net property income up 2.5% to $29.6m in Q4
Thanks to higher master lease income and lower property expenses.
UOB set to gain from NIM widening
The bank's NIM could widen by 1.78% this year.
Private home prices dip 0.5% in Q4
Prices eased up from the 1.5% decline in Q3.
Daily Markets Briefing: STI down 0.07%
But expect a boost today.
Chart of the Day: Check out which industry dragged retail sales in November
The said industry posted a 13.5% decline.
Daily Briefing: HDB changes rental rules for work permit holders; Hong Kong will return seized military vehicles to Singapore
And here are 6 Visa-free countries Singaporeans can visit.
GIC snaps up 95% stake in 60 Wall St.
The building is the US HQ of Deutsche Bank.
Bumitama Agri's crude palm oil production up 11.1% in Q4
But CPO production for the whole year saw a 5.6% decline.
M1's net profit down 27.1% to $31.8m in Q4
Blame the OTT services.
Singapore to pursue other free trade initiatives as TPP collapses
MTI will discuss the way forward with other TPP partners.
Ascott Residence Trust mulls over selling Japan, China properties
It's looking at more funding options.
Who will be this year's outstanding international companies in Singapore?
Entries are now being accepted.
Chart of the Day: Singapore banks' NPL ratios higher than their global peers'
OCBC has the highest proportion of overseas NPLs.
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