News

Singapore trails Australia as APAC's most data-ready market

Australia beat the city in terms of people organisation, process, and technology.

Hillview Rise condo hits nearly 50% take-up rate during weekend preview

Units were sold at an average of $1,560 to $1,750 per sqft.

Mapletree North Asia Commercial Trust's NPI up 1.3% in Q2

The income boost came from Festival Walk mall and its Japanese properties.

Manufacturing output up 0.1% in September

Biomedical manufacturing output, which rose 21.9%, led the monthly gains.

Chart of the Day: Industrial tenancies up 5% in Q3

Tenancies rose at a slower clip as firms held back in their expansion plans.

Daily Markets Briefing: STI up 0.53%

SGX led the gains amongst top active stocks with a 6.88% rise.

Ascendas India Trust NPI up 18% to $39m in Q2

Distribution per unit (DPU) grew by 15% YoY to 2.28 cents.

Industrial space prices up 0.1% in Q3: JTC

Prices of multi-user factory spaces remained unchanged whilst single-user factories edged up 0.3%.

Jobless rate up 2.3% in Q3

The unemployment rate amongst residents rose to 3.2%.

Lian Beng Group bags $173m contract to build condo towers

The construction of two 36-storey towers at River Valley Close will start in November.

Office prices down 3.9% in Q3: URA

This reverses the 0.9% price growth in the previous quarter.

Retail rents up 2.3% in Q3: URA

It recovered from a 1.5% decline in Q2.

Private home price growth slows to 1.3% in Q3: URA

Condo prices in the Core Central Region (CCR) inched up 2%.

Perennial unit sold 45% stake in YIS to Yanlord Commercial for $202.68m

The proceeds will be used for corporate and general working capital.

SGX profits up 25.4% to $114.22m in Q1

Equities revenues took up nearly 70% of its total revenue, rising 14% YoY.

Utico and Hyflux agree to cap advisor fees at $40m

The UAE company also threatens to cut its investment to $200m if a deal has not sealed in time.