News
Daily Briefing: Old Circuit Road flats face uncertainty; How Changi Airport became the best in the world
Daily Briefing: Old Circuit Road flats face uncertainty; How Changi Airport became the best in the world
And here's why retiring in Singapore won't be as easy as it was before.
Chart of the Day: 1,983 HDB flats resold in May
This is an 8.1% increase from the previous month.
SPH-Kajima JV emerges as top bidder for Upper Serangoon Road site
Their subsidiaries bid $1.13b for the mixed development site.
Mid-tier residential segment lead rebound in resale prices
CCR and RCR prices rose 1.1%. Residential resale prices managed to rebound in May, strongly led by the high-end and mid-tier segments, as resale prices in the core central region (CCR) and rest of central region (RCR) rose 1.1% MoM, while mass market resale prices (outside central region or OCR) dipped 0.4% MoM. According to OCBC Investment Research, transaction volumes similarly improved in May with 1,235 non-landed private homes sold – up 17.4% MoM over April 2017 and by a whopping 57.7% YoY over May 2016. "Through our channel checks, buyer sentiments have clearly improved after the latest tweaks to the property curbs in March 2017 where some measures relating to the SSD and the TDSR were relaxed," it said. It furthered, "We believe these changes were, on a net basis, supportive of the physical market and continue to forecast for general home prices to reach an inflection point by 2018."
Why investors may find Singapore's specialist clinic chains risky
As it turns out, asset-light-model is still a new concept.
Singapore's economic growth forecast raised to 2.5%
It will be led by the surge in manufacturing growth.
HDB rents tick up by 0.7% in May
Around 1,873 HDB flats were rented.
Singapore's offshore assets to rise 8% until 2021
It is keeping up with Switzerland in attracting foreign wealth.
Condo rents down 0.8% in May
But rental volumes went up 12.5%.
What the restructuring of Jilin JVCo could mean for SATS
Its stake will be diluted to 21% from 30%.
Almost 3 in 4 Singapore CEOs optimistic amidst global uncertainties
They were the most confident amongst ASEAN CEOs.
Daily Markets Briefing: STI up 0.28%
Expect more cheers in the local market today.
Chart of the Day: Restaurants drag F&B sales in April
Overall F&B sales dropped 3% YoY.
Daily Briefing: 4 REITs to ride on as market approaches cyclical bottom; What you need to know about Bidadari
And here are 3 ways F&N can grow its profits.
Retail sales inched up by 2.6% in April
Thanks to the boost in watches and jewellery sales.
Why peak residential sales are expected to be lower this cycle
There is no real housing demand.
Check out how Sembcorp is readying for Ballast Water Convention
It will be implemented on September 8.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform