News

Singapore’s executive rentals rising fast

Singapore’s executive rentals rising fast

Rental values now rank sixth most expensive globally and show no signs of ebbing.

Billionaires’ property value in Singapore rose 14%

This ultra wealthy group now owns an average of 12,300 sqft in Singapore property worth S$2,180 per sqft.

March residential sales will be halved

February saw a sharp take-up of private residential units but this month it will dwindle to around 1,200 units, says Colliers.

Whatta Surprise! Non oil domestic exports surged 30.5% in Feb

Electronics also staged a comeback with shipments rising a healthy 23.3% yoy.

SIA reports muted combined operating stats for Jan and Feb

 The bright spot was that Silkair's numbers showed good growth of 13-14%  in passenger carriage while load factor only declined marginally.

Small home units top selling in February

Three of the top 10 projects are executive condos.

Office rents may dip 10-15% in 2012

The annual growth rate for 2011 was 13% which is a sharp contraction from 2010's recorded growth rate of 24.5%.

MAS inks supervisory deal with Euro market regulators

Singapore’s regulatory framework for credit rating agencies are also to be in line with EU’s rules.

Bedok, Punggol, Pasir Ris seen as top investment areas

Inventory build-up fast tracks formation of new housing clusters in many suburban areas, says Savills.

Pasir Ris reports the largest home supply in Q411

Guess which areas in Singapore took the second and third spot?

February home sales the highest in 31 months

More property curbs however are seen as the forefront risk for developers.

Perps grow in popularity as acquisitions rise in Industrial REITS

YTD aggregate acquisition  now hits S$606.9m v the S$556.4m in 4Q11 to be financed mostly through combination of debt and equity.

Chart of the Day: US 5-year swap rate tests but fails to close above 200-day MA

On 15 March 2012 the growth oriented currencies rallied against the US dollar.

SGX wants to know what you think

SGX is consulting the public on its proposed changes to the reporting and registration of Negotiated Large Trades in the derivatives market.

Guess who's still hiring in Singapore?

The services sector continues its hiring spree with another hundred-thousand new jobs in 2011 but manufacturing is in stasis mode.

Real average earnings grew a miniscule 0.7%

Skyrocketing inflation and an ever-tightening labor market to be blamed for the pittance of progress.

F&B sales back in the doldrums

It slipped to negative growth territory again this February with renewed weakness from restaurant receipts.