News

Genting Singapore profit more than doubles in Q3

This is due to the recovery of regional travel.

Cromwell E-REIT's distributable income falls 0.4% YoY to €24.179m in Q3

This is despite recording a 4.1% YoY increase in its net property income. 

Commercial investment volumes rise 30% YoY to US$1.5b in Q3: MSCI

Singapore ranked 6th amongst APAC countries with the highest investment volume.

Singapore rental index for private homes rise to highest in 24 years

Rents for landed and non-landed homes are 10.9% and 8.3% higher, respectively.

Singapore’s Investor Movement Index dips to lowest in 2022

Investors were exercising more caution as they brace for a possible recession.

Colliers appoints new APAC Managing Director for Global Capital Markets

The appointee will take over the post on 1 January 2023.   Chris Pilgrim has been named Collier’s new Managing Director of Global Capital Markets for the Asia Pacific (APAC).   Pilgrim will take over the post on 1 January 2023. 

CapitaLand Investment Limited to divest Queensbay Mall in Malaysia for $300.3m

The value represents a premium of 3.8% to CLI’s valuation in December 2021.

Singapore life insurance new business premiums down by 5.9% in Q3

However, take up for new policies picked up by 12.8% in the quarter.

OKP bags $100.3m LTA contract for commuter infrastructure enhancement

The contract involves the construction of covered linkways at new MRT stations.

PropNex records highest net profit for 2022 of $18.2m

The real estate agency attributed the increase to its bigger revenue.

APAC Realty's revenue drops 3.2% YoY to $523.9m in 9M22

The decline in sales across markets dragged revenue down.