News
Daily Markets Briefing: STI up 0.61%; The top stock is DBS
Daily Markets Briefing: STI up 0.61%; The top stock is DBS
DBS is the top stock with a 0.411% increase.
Teck Whye Lane shophouse up for sale via EOI
The property has a guide price of $4.45m.
Tuas Link Close site up for sale via tender
The tender will close on 23 January 2024.
Temasek to acquire NTUC’s MoneyOwl
Temasek will use MoneyOwl to enhance financial services for target communities.
NTU, Nanofilm launch laboratory for nanotechnology development
The corporate lab is worth $66m.
CCR sees surge in resales of properties priced $5m and below
Properties priced $5m and below accounted for 95.5% of resale transactions in the CCR.
Private rental transactions likely to fall below the 10-year average in 2023 and 2024
The supply ramp-up of 28,600 new properties has taken a toll on the rental market.
Financial advisor MoneyOwl given new life with proposed acquisition by Temasek Trust
It will no longer be shutting down its website and app.
Sembcorp to buy 428 MW wind projects in China, India
This will raise its renewables capacity to 12.6 gigawatts upon completion.
Resale condo prices to moderate in coming months
Price gains may be capped at around 8% in 2023.
No Signboard cuts losses by 66.4% YoY to $423,205 in 3Q23
For 9M23, the company narrowed its losses to $1.2m.
Manulife US REIT mulls halting half-yearly distribution until 2025 under recapitalisation plan
The plan aims to address its breach of financial covenants.
Condo rents drop 0.2% MoM in October
Rents across sub-markets dropped in October, except for RCR.
HDB rents slip 0.4% MoM in October
By room type, 5 Room recorded the highest rent decrease.
Will Long Island be Singapore’s second Sentosa?
An expert expects over 30,000 and 60,000 homes to be built on the 800ha land.
What are the top roles in Singapore’s legal industry?
The most in-demand position accounts for 32% of the available roles in the sector.
Frasers Property Singapore, BCA pilots magnetic bollards for escalator safety in malls
Nine in 10 escalator incidents recorded in 2023 were due to user behaviour.
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Commentary
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