News
Chart of the Day: See the correlation between GDP growth and residential property prices
Chart of the Day: See the correlation between GDP growth and residential property prices
Price growth could hit -3% to 2% in 2019 amidst predicted slower economic growth.
Daily Markets Briefing: STI up 1.33%
The Straits Times Index (STI) ended 40.71 or 1.33% higher at 3,099.99. The top active stocks were DBS, which advanced 0.21%, Singtel, which grew 0.03%, UOB, which gained 0.37%, OCBC, which inched up 0.15%, and Genting Sing, with a 0.035% advance. The FTSE Mid Cap rose 5.66% whilst the FTSE Small Cap gained 1.66%.
HDB rents dipped 0.5% in November
Rising flat supply will ensure that leasing costs remain cheap.
Private condo rents inched up 0.6% in November
Rental volume in the city-state fell 11.2% to 3,791 units.
Retail sales up 0.1% to $3.7b in October
Petrol service stations sales grew the largest at 11.4%.
BlueSG to unveil charging stations for private car owners in Q1 2019
They are also eyeing to offer corporate subscription for Singapore firms.
Noble Group secures bid extension for restructuring
It is eyeing for a hearing in a Bermudan court on 14 December.
Daily Briefing: Grant borrowers who repay their loans on time will benefit from new money lending business models; venture capital firm ICT Fund set to launch US$100m vehicle in 2019
And business management AI platform Osome clinches US$2m seed funding.
Daily Markets Briefing: STI up 0.43%
The tone might be cautious today with investors assessing the US-China trade talks.
Chart of the Day: Rubber-focused stocks hit average 18% gains in December
Average ROE reached 16.4%.
Singapore's equity capital market proceeds crashed 30.1% to $6.73b YTD
IPO proceeds plunged 83.9%.
URA unveils first White site in Woodlands Regional Centre for sale
The 2.7 ha site can generate a gross floor area of 115,000 sqm for office, residential and retail use.
Singapore defends crown in Asian Digital Transformation index
It clinched the top spot for the digital infrastructure and human capital measures.
Park View Mansions relaunches en bloc attempt at $250m
The new reserve price is 22% lower from its initial price tag of $320m.
Resale condo prices up 0.2% in November
The volume of resold condos slipped 4.6% to 662 units.
UOL could push for further expansion in Australia after first buy: analyst
It wants to build its recurring income as sentiment on Singapore property weakens.
Daily Briefing: Home prices may fall by as much as 3% in 2019; Grab unveils 7th R&D centre in Malaysia
And Singpost customers will soon receive alerts 30 minutes before delivery.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform