News

Chart of the Day: Median monthly income rises to $4,050 in June 2017

Thanks to economic growth and the changing composition of the workforce.

Keppel's home sales dropped 4% to 5,480

No thanks to tightening measures in China.

Is Keppel T&T cooking up a megaproject?

A sudden ramp-up in staff costs pulled earnings down by 107% in Q4.

Singapore savings bond oversubscribed for $172m

Investors that applied for over $41,500 may not get a full allocation.

Singapore's import and export price indices rose in 2017

Import prices increased 5.8%, whilst export prices were up by 2.9%.

Singapore's domestic supply price increased 7% in 2017

This was highly driven by a 29.4% increase in oil prices.

3 in 5 workers willing to take contract roles

But only if they couldn't find the right job options.

Private condo prices crept up 0.6% in December

This is softer than the 1.6% growth in November.

Freehold residential site Wilshire sold for $98m

It was sold to a joint venture led by Roxy-Pacific Holdings.

Over half of SMEs uninterested in expanding overseas

Four in ten said they don't have funds to do so.

Watch out for more commercial property deals in 2018

The sale of a Beach Road commercial site for $1.62b led the deals in Q4.

Ascott Residence Trust's unit revenue grew 5% in 4Q2017

This was highly driven by a RevPAU growth of 22% in Belgium.

CDL Hospitality Trusts' room revenue rose 1.1% in 4Q2017

This was due to the 1.2% YoY increase to $186 in average daily room rate.

Singapore's overseas property investments surged 40% to $37.18b

It also rose to become the largest investor in the US market.

Ascott to increase global portfolio to 160,000 units by 2023

It plans to expand properties in China, Malaysia and Philippines.