News
Chart of the Day: Trading volume for commercial assets down 41% YoY in Q4 22
Strata and shophouses continued to see investment activity.
No need to worry about affordable homes: PM Lee
More than eight in 10 Singaporeans own HDB flats.
Manulife US Reit’s DPU dips 10.3% YoY to 2.63 US cents in H2 22
It stemmed from distributable income that went down 1.7% to $55.4m (US$41.9m).
Sutton Place relaunched for sale at $285m
The public tender for the property will close on 9 March at 3 pm.
Barbara Cambon bows out as Prime US REIT CEO
CFO Harmeet Singh Bedi will take over the post on 8 March.
Keppel Land unit to divest 100% stake in Willowville for $7.37m
The purchaser of the stake will pay in two tranches.
Frasers Property posts $2.7b pre-sold revenue as at December 2022
In Singapore, the company has an unrecognised revenue of $1.0b.
SG fosters deeper collaboration with Abu Dhabi
The two markets discussed collaboration plans in five key areas.
HDB resale volume rebounds by nearly 15% in January
The resale prices also rose by 1.4%.
China’s shift of policy backed risk appetite for RMB: SGX
It increased demand for Asian foreign exchange.
MOF: Gov’t spending to go up 19%-20% of GDP in 2026 to 2030
It may also exceed 20% of the economy by 2030 fiscal year.
Daily Markets Briefing: STI up 0.23%; Sembcorp Industries is still on top
Sembcorp Industries led the index.
Broker retains outlook for S-Reits stocks as overweight
Amongst notable Reits are MPACT and FLT.
Chart of the Day: Occupancy rate of industrial property down 0.3% in Q4 22
Colliers said there was an uptick in new completions.
Singapore still most liveable location for expatriate workers from East Asia
It has retained its status since 2005.
StarHub may face risks in weaker earnings and execution of transformation programme
Its results were within the analyst’s expectations.
Read Here
Advertise
Sign Up
Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections