News
GuocoLand-led JV clinches $486.8m Lentor Gardens site
The site spans 235,371 sq ft.
9 in 10 consumers will reward brands that protect their data: survey
One way that consumers reward brands is through positive app store reviews.
Real estate investment volume surges 73% QoQ to $6.07b
The residential sector saw the highest investment growth.
5 factors pushing Singaporeans to visit Hong Kong
Singaporeans' travel consideration to HK rose between February to March.
AI Singapore, Temus join hands to accelerate AI adoption amongst local firms
The partnership between the two companies will realise Singapore's vision to be a Smart Nation.
Economic growth slows in Q123
The economy grew 0.1% YoY.
No policy tightening as core inflation expects to ease by end-2023
The central bank evaluated that the current policy band is sufficiently tight.
Daily Markets Briefing: STI up 0.14%; Mapletree PanAsia Commercial Trust is most active stock
REITs are leading the index.
Chart of the Day: Business parks’ vacancy rate in city fringe stayed up
For the first time in two years, it grew to 5.3% from 3.5% in the final quarter of 2022.
Price-sensitive homebuyers become cautious due to inflation
Increasing borrowing costs and economic uncertainties contribute to this.
Luxury homes prices lagged in city-fringe and suburban counterparts
Prices for luxury non-landed homes are at $5.50 psf pm.
Islandwide office vacancies grow up 0.1 to 5.1% QoQ
But vacancies for Core CBD's 'Grade A' offices dip to 3.9% from 4.2%
New F&B container park to open on Cosford Road
The container park spans 38,000-square feet.
How many years do Singaporeans need to work to become a millionaire?
The average wage of Singaporeans is $6,612 (US$4,930).
StanChart’s VC arm invests in fintech platform BetterTradeOff
The platform will use the investment to boost its digital wealth advisory capabilities.
CapitaLand Investment issues $425m fixed rate senior notes
The notes are due in 2030 with a fixed rate of 4.20%.
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Commentary
ASEAN's unity is being tested in the age of economic warfare
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The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections
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