News
Retail space prices and rents rise in Q3
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.
MCL Land and Sinarmas Land to launch Nava Grove
The private residential condominium features two-bedroom to five-bedroom units.
MAS and IMDA to implement new framework against phishing scams
The new framework will take effect on 16 December.
Zixin Group provides profit guidance for H1 2025
It will be released on or before 14 November.
FairPrice Group trials autonomous vehicles for cargo transportation in Singapore
It aims to integrate driverless vehicles into its logistics operations.
URA reassesses land-use policies and guidelines
It will focus on expanding economic gateways.
IHO-Singapore Lab trials next-gen charting standards aboard Amerigo Vespucci
Trials are underway on a prototype S-100 Electronic Chart Display and Information System (ECDIS).
COTD: Over 90% of Singapore REITs invest overseas
Singapore also has the largest exposure in the Pan-Asian market
Economists see no impetus for MAS to adjust policy before mid-2025
They expect changes only when core inflation nears 1.8% YoY.
COTD: S-REITs end Q3 with 17.3% total returns
Institutional investors drove the gains.
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Commentary
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