News
Retail rents to see a sustained recovery in 2023
Retail rents to see a sustained recovery in 2023
EDMUND TIE expects full-year rental growth of 1%-3% for prime retail spaces.
Daily Markets Briefing: STI up 0.22%; Keppel Corporation is top stock
After reporting highest ever net profit, Keppel Corp traded 2.50% up.
MAS unveils revised framework to strengthen anti-ML controls in single family offices
There will be harmonised class exemption for SFOs who meet specific requirements.
Private housing vacancy up to 6.3% in Q2
The vacancy rates in the Core Central Region and the Rest of Central Region were both at 7.9%.
Wealthy investors and family offices drive demand for shophouses in H1
Changes to the Residential Property Act may raise prices further and tighten already limited supply.
Office space prices up 1% in Q2
Vacancy declined to 10.8% during the period.
Condo rental market reaches Nash’s equilibrium in June: property firm
SRX and 99.co said condo rental market grew 0.3% in June 2023.
Raffles Medical Group’s PATMI rises slightly by 0.5% YoY to $59.9m in 1H23
Its revenue, however, fell by 9.5% YoY.
CapitaLand India Trust’s net property income jumps 3% YoY to $85.6m in 1H23
Despite the increase in NPI, the trust recorded a lower DPU of $0.0336.
Change in indirect ownership of LHN Logistics’ unit to bear a $4.12m fee to JTC
The fee is one of the pre-conditions for LHN Logistics privatisation.
Jardine Matheson’s underlying profit up 10% YoY in 1H23
The 1H23 record is also ahead of pre-COVID levels in 2019.
Wilmar International to dispose entire stake in Morocco company for US$605m
The company expects to complete the disposal by 4Q23.
Unitholders of Sabana REIT will be 'worse off' if internalisation of manager proceeds, ESR Group warns
The group said each 1 -pp increase in borrowing costs will reduce the REIT's DPU by $0.0027.
Private residential price growth to be muted in 2023
Experts forecast a 3%-5% growth in prices for the year.
2 JTC factories at Tuas Avenue on sale for $25m
The sale will be through a private treaty.
Retail space prices up 0.3% in Q2
This is compared to a decline in Q1 2023.
Wing Tai cancels Holland Tower acquisition
It did not mention the details behind calling it off.
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