News

PMI expands for the 13th straight month at 51 in July

Analysts say the manufacturing industry will be relatively unscathed from the tighter social restriction measures.

CDLHT’s NPI increases 24.4% to S$37m in H1

The group’s revenue also rose 27.2% to S$66.2m. 

Chart of the Day: 87% of real estate execs point towards rising constructions costs as potential red flag

Potential risks include rising costs of construction, inflation, and interest rates that can lead to a negative impact on market sentiment.

Good Class Bungalow sales hit fresh peak at $1.2b in H12021

The GCB market could enter a renaissance period in the next 12 months.

Luxury condo deals hit record breaking $2b in H1 2021

Sales activity in the prime non-landed residential segment for the first half of 2021 surpassed the amount transacted for the whole year of 2020.

Great Eastern reveals 102% higher earnings for H1

However, its Q2 profit fell by 22% to $232.3m. 

GuocoLand, OCBC, Doxa to develop digital platform for dev’t projects transactions

This will be ready by October and will be piloted through Meyer Mansion.

Is SIA on a runway to recovery?

The flag carrier narrowed its net loss to $409m for the first quarter.

Market Update: STI down 0.37%

China-based Yangzijiang Shipbuilding and Hongkong Land led the index on the first trading day of August.

SG bank loans expand by a record-breaking 3.5% in June

This is the fastest rate of expansion since October 2018.

PLQ's newest robot resident Oscar to assist mall goers

The AI-enabled robot can provide wayfinding services and admonish illegal smokers in the area.

Dover Forest BTO flat launch price could go as high as $700k

OrangeTee says more young people are aspiring to live in mature estates.

Services sector remain optimistic for July to December

A net weighted balance of 11% of the firms gives a “favourable business outlook” expectation.