News
Frasers Property, FCT acquire 50.0% stake in NEX for $652.5m
Frasers Property, FCT acquire 50.0% stake in NEX for $652.5m
NEX is the largest suburban retail mall in Northeast Singapore.
Real estate investment volumes in APAC to fall 5%-10% in 2023
In 2022, volume declined by 25%.
HDB resale prices ‘soften’ after September cooling measures
Price increases slowed to 2.3% in the fourth quarter.
HDB resale price increase slows to 2.3% in Q4
This is also the slowest increase in the past year.
Accommodation, transport prices to stay high in H1 23: analyst
This despite the softening inflation.
Non-registered SMS to be labelled ‘likely-scam:’ IMDA
Starting 31 January, the IMDA mandated the registry to SSIR.
Occupancy rate industrial property market declined 89.4% in Q4 22
Prices and rentals increased even as the occupancy dropped.
Private home price growth eases to 8.6% in 2022
In 2021, prices increased by 10.6%.
Analysts suggest more policy tightening to keep inflation in check
RHB and UOB said this is a precautionary measure if core inflation accelerates.
Chart of the Day: Singapore is top destination for Mainland tourists
Other choices are South Korea and Hong Kong.
Daily Markets Briefing: STI declines 0.31%; CapitaLand Investment is most active stock
SATS is top stock.
EDPR Sunseap, Schneider Electric to drive solar energy advancement in Singapore
The partnership is intended to boost access to cleaner, affordable, and more reliable energy.
RHB Singapore offers 4.28% interest for its 12-month fixed deposit
The promotional rate is available only at RHB’s refreshed Cecil Branch and Premier Centre.
What are the top three stressors of Singapore workers?
Over 73% of workers experience stress at least once a week at work.
A year after the war: 4 in 10 Singaporeans want economic actions imposed on Russia
They also said paying more for fuel and gas will be worthwhile to defend another country.
Keppel Corp. subsidiary acquires US-based oil firm
The capital is around ($1,312) US$1,000.
Six freehold shophouses in Serangoon Road sold for $62.5m
The sale price translates to $2,304 psf per plot ratio.
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