News
Shophouse 20 Upper Weld Road for sale at $11m: PropNex
Shophouse 20 Upper Weld Road for sale at $11m: PropNex
Expression of interest (EOI) exercise will close on 28 Feb at 3PM.
LHN unit clinches contract to operate 2 lodging facilities of MOH Holdings
The facility will start operations in 2H24.
18,000 companies aided by EnterpriseSG in 2023
Of these, 3,000 embarked on new transformative projects with the agency.
EC World REIT lenders demand the removal of illegal mortgages on 3 properties by 31 January
The REIT’s sponsor reportedly imposed illegal mortgages amounting to $51.1m on 3 properties.
ESR-LOGOS REIT secures 20-year master lease for 3 Tuas South Ave 4
PharmaGend Global Medical Services is the lessee.
Private residential price growth eases to 6.8% in 2023
In 2022, prices rose by 8.6%.
MS Amlin renews Singapore Cat Bond
The development comes after the increasing natural disaster risk environment in the region.
Industrial property occupancy rate increases to 89.0% in 4Q23
The latest figure represents a 0.1 ppt increase compared to 3Q23.
Sun Life expands private health services to HNW market
High-net-worth clients in Hong Kong, Singapore and Taiwan will have access to US-based PinnacleCare.
Demand for industrial space dwindles to 86,000 sqm in 4Q23
With lower demand, the occupancy rate edged up by 0.1 ppt.
Daily Markets Briefing: STI down 0.26%; Top stock is DBS
DBS is the top stock with a (+0.251%) increase.
Condo resale price growth seen easing this year: experts
Total resale volume could dip to as low as 9,000 units.
How will the expected higher core inflation affect the real estate sector
Core inflation is expected to rise 3.5% in 2024.
Singapore cap rates remain steady in 4Q23
The gross yield of commercial properties in Singapore ranges from 3.00%-6.25%.
EnterpriseSG eliminates CEO post, instates Executive Chairman
Lee Chuan Teck will serve as Executive Chairman starting 1 April.
Mapletree Logistics Trust posts 1.5% YoY higher net property income in 3QFY23/24
With a higher NPI, the trust proposed a 1.2% YoY higher distribution per unit.
OUE Commercial REIT marks 10th year with new moniker
It will be known as OUE REIT beginning 29 January.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape