News
SG only city with increase in deal volume: MSCI
It posted a $10b mark for trade volume.
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.
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