News
Significant increase in house supply drags private rental price growth
Significant increase in house supply drags private rental price growth
In October, rents declined by 0.2% MoM.
Keppel to acquire initial 50% stake in Aermont Capital for $517m
The company expects to complete its stake acquisition in 1H24.
6-adjoining strata industrial units at Apex @ Henderson on sale for $16.3m
The guide price translates to $1,044 per sq ft on the strata area.
Retail job postings jump 9.2% in Singapore
The number of job seekers looking for opportunities in the retail sector also increased.
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.
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