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Singapore office market succumbs to economic woes

Singapore office market succumbs to economic woes

The annual growth rate for 2011 was only 13% which is a sharp contraction from 2010's recorded growth rate of 24.5%.

Take a sneak peek of Scoot’s first aircraft

Second aircraft will come by the end of March.

2012 Outlook for downstream oil & gas cloudy

Competition is stiff within Singapore and project margins are low, says OCBC.

Visitor arrivals grew 13.4% YoY in Jan 2012

Arrivals from China spiked up 52.8% YoY to 201.7k.

Olam to invest US$183m in Gabon

Olam intends to develop 28,000 hectares of rubber plantations in partnership with the Government of the Republic of Gabon.

High-end hotels outperform in Jan

Its RevPAR grew  ~11.7%  while that of budget hotels  decline ~5.0%, thus proves that travelers from developing Asia are not budget travelers, says OCBC.

Chart of the Day: Cumulative weekly flows into major fund groups

Bond funds enjoyed another record week as equity indexes breached key levels, according to EPFR Global.

Singapore’s executive rentals rising fast

Rental values now rank sixth most expensive globally and show no signs of ebbing.

Billionaires’ property value in Singapore rose 14%

This ultra wealthy group now owns an average of 12,300 sqft in Singapore property worth S$2,180 per sqft.

March residential sales will be halved

February saw a sharp take-up of private residential units but this month it will dwindle to around 1,200 units, says Colliers.

Whatta Surprise! Non oil domestic exports surged 30.5% in Feb

Electronics also staged a comeback with shipments rising a healthy 23.3% yoy.

SIA reports muted combined operating stats for Jan and Feb

 The bright spot was that Silkair's numbers showed good growth of 13-14%  in passenger carriage while load factor only declined marginally.

Small home units top selling in February

Three of the top 10 projects are executive condos.

Office rents may dip 10-15% in 2012

The annual growth rate for 2011 was 13% which is a sharp contraction from 2010's recorded growth rate of 24.5%.

MAS inks supervisory deal with Euro market regulators

Singapore’s regulatory framework for credit rating agencies are also to be in line with EU’s rules.

Bedok, Punggol, Pasir Ris seen as top investment areas

Inventory build-up fast tracks formation of new housing clusters in many suburban areas, says Savills.