News
Resale condo market set for rebound with new rate cuts and launches
Resale condo market set for rebound with new rate cuts and launches
The market is expected to rebound following two consecutive months of decline.
Singapore, Italy kick off program showcasing 6 Italian fintechs
The startups get 1-to-1 pitching sessions with investors, amongst others.
GS Holdings buys Octopus Distribution Networks for $11.8m
The founder, Dato' Elaine Toh, will become a controlling shareholder in the group.
Sim Lian Group leads bids for Tampines Street 95
The parcel attracted five bidders.
Low hold on rolling play hits Marina Bay Sands' adjusted property EBITDA
Its adjusted property EBITDA in Q3 2024 declined by US$85m.
MPACT sees 11.9% YoY drop in distribution due to lower overseas contributions
Adverse forex movements dampened overseas contributions.
Frasers Centrepoint Trust distribution rises 3.2% YoY to $214.31m in FY24
Full-year DPU, however, was down by 0.9% YoY.
Private residential prices fall 0.7% QoQ in Q3, reversing Q2 gains
In Q2, prices rose by 0.9% QoQ.
CapitaLand India Trust's NPI rises 14% YoY in SGD terms on higher property income
NPI rose 15% YoY in Rupee terms.
Retail space prices and rents rise in Q3
The metrics rose by 1.7% QoQ and 0.3% QoQ, respectively.
Suntec REIT's NPI drops 5.7% YoY to $79.8m on lower asset contributions
Amongst the assets with lower contributions was the Suntec Convention.
Industrial occupancy rate flat at 89% despite gains in some segments
Multiple-user factory and business park segments saw increased occupancy in Q3.
Kingsmen secures $44.9m turnkey contract for Museum of Science for children in Kazakhstan
The contract is expected to contribute positively for the group’s FY 2024 to 2026.
Synergy Marine and Grace Ocean to pay $133m for US bridge collapse
It will go to the U.S. Treasury and the federal agencies affected.
Temasek Trust's Co-Axis partners with Arta to secure $39.6m impact project fundings
The partnership aims to expand the reach of Co-Axis projects.
HDB to roll out over 10,000 new flats in February 2025
The flats will be offered under the BTO and SBF exercises.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape
Microclimate retrofitting could be Singapore’s next big sustainability play