News
CLINT NPI grows 8% YoY to $179.6m in 2023
CLINT NPI grows 8% YoY to $179.6m in 2023
Its growth was boosted by the acquisition of quality assets.
Private houses’ prices index drops 1.4% MoM in December 2023
Property price is expected to fall by 5% - 10% in 2024.
Keppel REIT posts net property income rises 3.7% YoY in FY23
It saw a positive rental reversion of 9.9%.
Mapletree Logistics to divest 4-storey cargo lift warehouse for $16.8m
The divestment is set to be completed in FY23/24.
CLCT records 5.3% YoY net property income growth in FY23
This is thanks to the stronger performance of its retail portfolio.
Auction listings drop 2.9% QoQ in 4Q23
There were 99 listings in the last quarter of 2023.
Daily Markets Briefing: STI down 0.64%; Top stock is UMS
UMS is the top stock despite a 3.704% decline.
S&P expects Singapore REITs to stay resilient this year
Office vacancies in CICT and OUE REIT are below market average.
Private home sales to fall below 20,000 in 2024: real estate analysts
There could be as little as just 15,000 to as much as 19,000 private homes sold in 2024.
Exit offer for Boustead Projects closes
It received valid acceptances amounting to 74,998,330 shares.
7 retail units in Sim Lim Square for sale
The expression of interest closes on 8 March 2024 at 12 pm.
TE Capital, LaSalle JV acquires VisionCrest Commercial
Major transformation will be conducted to improve the asset.
Gov’t to review Progressive Wage Credit Scheme
The scheme provides up to 75% support for wage increases given to eligible lower-wage workers.
Why executive condominiums remain popular amongst homebuyers
2024's first EC launch, Lumina Grand, sold 53% of its units during launch.
Clementi Close site may host 1,000 public housing units: expert
Huttons said the development of the site could be a Plus BTO model.
STB, MBS, and UOB launch tourism initiatives for Marina Bay precinct
The initiatives include over 50 exclusive experiences in Marina Bay.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape