News

Offices in financial district 'highly vulnerable' to rising sea levels: study

Office spaces in 51 buildings are in high flood risk areas as of Q1.

Chart of the Day: Private home sales priced at $2m rose to 13% in June

This is equivalent to 129 units in June as compared to 23 units in May.

Daily Markets Briefing: STI down 1.26%

AEM saw the sharpest decline amongst top active stocks with a 4.62% contraction.

Retail space prices shrink 1.5% in Q2

The island-wide vacancy rate rose to 9.6% during the second quarter.

Office space prices drop 4.3% in Q2

The island-wide vacancy rate has increased to 12.1% during the same period.

Chart of the Day: Unsold inventory gradually falls in Q1

Falling rates, tapering supply and resilient demand to keep prices stable.

Daily Markets Briefing: STI up 0.69%

UMS led the gains amongst top active stocks with a 7.45% expansion.

SIA secures $750m in loans on aircrafts

It now secures $1.65b from its secured financing since the start of FY2020.

Insolvency, Restructuring and Dissolution Act to commence on 30 July

It establishes a new licensing and regulatory regime for insolvency practitioners.

Industrial property prices down 1.7% in Q2

However, JTC noted that this does not cover the full impact of the pandemic.

Keppel consortium secures $329m contract for Bangkok DCS plant

They have formed joint venture to build and maintain the district cooling system.

Elite Commercial REIT posted $15.97m NPI since listing

It saw greater profit than expected due to higher revenue and savings.

CapitaLand Commercial Trust's NPI down 4.5% to $151.1m in H1 2020

Its Singapore properties were affected by upgrading works and lower occupancies.

ESG, IMDA, NRF dedicates $40m to National Innovation Challenges

It will have seven rounds, where each challenge is allocated up to $2m.

Keppel Infrastructure Trust's DPU at 0.93 cents in Q2

Most of its business segments posted stable performances.