News

Ascott REIT's profit rose 5% to $31.77m in 4Q2017

It was boosted by a higher revenue, which increased by 6% YoY to $134.48 in the last quarter.

Retail space prices slipped 8.8% in 2017

As a result, the island-wide vacancy rate of retail space dropped to 7.4%.

Price of office space dipped 2.4% in 2017

Total supply dipped from 607,000 sqm to 597,000 sqm in Q4.

Industrial property prices fell 5.7% in Q4

Developers are holding back launches and preferring to lease out instead.

Daily Markets Briefing: STI down 1.01%

Investors are urged to take caution today.

Chart of the Day: See how many tourists arrived in Singapore within 10 years

Growth only stopped in 2014 when the key China market declined 24.1% due to curbs on shopping tours.

Mapletree Greater China Commercial Trust's full-year NPI up 3% to $214.29m

Revenue growth from Festival Walk, Gateway Plaza, and Sandhill Plaza boosted earnings.

Expect industrial rents to fall in 2018

Rents dipped 2.8% YoY in Q4, following a pattern of recent decline.

Keppel hit by $495m loss in Q4

Penalty costs from its bribery case pushed earnings down the drain.

Suntec REIT's office monthly rents fell to $8.03psf in 4Q2017

This was due to the renewal of two anchor tenants.

Singapore to add 5,500 PMET jobs annually until 2020

It also aims to add $31b to the industry's value.

Noble wins $3.5b debt restructuring deal

The plan reportedly will allow creditors to cash-in on shares from a debt-to-equity swap.

DBS wants more private bankers to tap Asia's ultra rich

It eyes boosting its current pool of 200 private bankers by 10-20%.