News
Singaporeans need to save 7.6 days’ of salary to afford the iPhone 14 Pro
Singaporeans need to save 7.6 days’ of salary to afford the iPhone 14 Pro
Globally, the Swiss are the most able to afford the iPhone.
Non-residents boost employment figures in H122
There were 95,400 non-residents employed during the first half.
HDB rents up 2.4% in August
Overall rents grew by 21.6% year-on-year in August 2022.
LTA increases ERP rates by $1.00 in 5 locations
The increase will take effect on 19 September.
Condo rents climb for 20th consecutive month
It rose by 3.2% MoM in August.
Keppel O&M challenges government decision on customer claims on rig contract
The company has already filed an injunction to prohibit payment on a standby letter of credit.
Parkway Life REIT acquires three nursing homes in Hokkaido, Japan for $26.1m
The acquisition is expected to generate an average net property yield of 6.5%.
Ascendas REIT to acquire cold storage facility at 1 Buroh Lane for $191.9m
The acquisition will be funded through internal resources and/or existing debt facilities.
Lentor sites received only 5 bids: URA
Public tender closed four months after it was launched.
Holiday activities, rising interest rates to blame for low condo resale volume
Condo resale volumes declined 14.5% month-on-month in August 2022.
Chart of the day: Service satisfaction rises with more use of real estate tech
9 out of 10 consumers prefer agents who use three or more property tech in their service.
Market update: STI up 0.47%, CapitaLandInvest at the top
CapitaLandInvest was top gainer.
Singapore’s digital bank Trust reaches 100,000 customers
Users were aged 18 to over 90 years old, Trust Bank said.
DBS unveils targets for decarbonisation, data coverage under net zero goal
It plans to reduce emissions from O&G sector by 28% in 2030.
Around 3 in 5 adults oppose online gambling: report
It is the fourth market most opposed to online gambling.
SingPost appoints Li Yu as CEO for International Business
He took on the role on 12 September.
SGX securities turnover value climbs 35% MoM to $24.3b in August
The pickup was on the back of the corporate earnings season.
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