News
Rise of the rents: Condo and HDB rents continue monthly climb
Rise of the rents: Condo and HDB rents continue monthly climb
Analysts are divided on why rents continue to increase.
Singapore’s first energy storage system deployed at Pasir Panjang Terminal
It has a 2MW/2MWh capacity and is set to operate in Q3 2022.
ST Engineering launches Airbitat DC Cooling System
The system can help data centres achieve annual net energy savings of more than 20%.
MAS tightens monetary policy for the fourth time in a row
Core inflation is expected to rise above 4% in the near term.
Sinarmas Land Limited to dispose of Horseferry Property Limited for $415.1m
It will be sold to LTH Property Holdings 3 Limited.
Keppel infra consortium named preferred bidder for Korean waste management firm
The consortium still has to enter negotiations to finalise the acquisition.
ComfortDelGro to acquire GoBus operator for $17.52m
The acquisition will make the company the third largest inter-city coach operator in Ireland.
Prices of landed homes to increase by 10% for the whole of 2022
The property price index for landed homes rose 7.3% in H122.
Chart of the day: Singapore ranks 2nd in energy FDIs in ASEAN
The country has been part of the top three since 2008.
Market update: STI down 0.69%
Mapletree Logistics Trust and CapitaLand Integrated Commercial Trust were at the top.
Post-COVID property demand to buoy REITs earnings rebound
CICT, Frasers, and Mapletree Commercial Trust are best positioned to reap the benefits.
Keppel to invest $233.6m in European onshore wind project
Keppel Corp and KIT will jointly invest in a 33.33% stake in FundCo.
Yanlord’s Suhe Century project sold out at launch with $902.4m pre-sales
The property's average selling price was $155,290 per sqm.
Temasek increases internal carbon price to US$50 per tonne of emissions
It will be increased to US$100 by 2030.
SGX total market turnover value edged down 4% YoY in June
The bourse’s securities turnover value was at $25.6b in June 2022.
Office floor in Suntec City on sale for $36m
The sale is open to both locals and foreigners.
Condo resale prices rise 9.4% in June amidst limited home supply in suburbs
But volumes are lower by 17% as more potential buyers opt to travel overseas instead of shop for new homes.
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