News

Revolut Singapore hits first year of net profitability in 2024

Annual revenue rose 70% YoY and profit margin is 15%, it said.

Industrial firms’ caution persists but occupier demand holds firm: CBRE

Most tenants in the sector are still opting to renew their leases.

Indonesia turmoil squeezes Singapore retail margins

Currency volatility, inflation, and political risk are hitting Singaporean consumer-facing businesses the hardest.

Can the industrial real estate sector weather the tariff storm?

A slowdown in global trade could put downward pressure on rents.

Residential prices, supply eased in Q1: URA

Vacancy rates remained stable across all regions.

CICT’s NPI dips by 0.8% in Q1

Blame it on the absence of income from 21 Collyer Quay.

Keppel DC REIT subsidiary acquires $100m green loan facility

The loan is guaranteed by Perpetual (Asia) Limited.

Stoneweg European REIT renews leases of assets in Netherlands, Poland

These will extend the company’s Weighted Average Lease Expiry by almost six months to 5.3 years.

Condo resale prices down in March whilst volumes log double-digit growth

Overall prices fell compared to March but is 5.1% higher than a year earlier.

Office space prices dip 0.2% in Q1: URA

Rentals increased by 0.3% during the period.

CCCS approves Omnicon’s proposed IPG acquisition

The acquisition will not infringe section 54 of the Competition Act 2004.

Retail vacancy rate rises to 6.8% in Q1

Retail space prices also increased by 1.9%.

HDB’s resale price index up 1.6% in Q1 2025

It is lower than the 2.6% increase observed in Q4 2024.