News
New homes sold in mass market dip 16.6% QoQ in Q2
New homes sold in mass market dip 16.6% QoQ in Q2
OrangeTee said the decline was due to the lack of new launches.
MAS and Google Cloud launch Point Carbon Zero Programme
The programme aims to jumpstart climate fintech solutions in Asia.
CLCT’s net income jumps 15.9% YoY to $139.5m in H122
The increase was due to strong contributions from CLCT’s business parks and logistics assets.
AIMS APAC REIT posts 1.3% DPU growth in Q1 FY23
The increase was due to the 34.3% jump in the REIT’s net income.
OUE C-REIT’s net income dips 14.2% YoY to $93.6m in H1
The decline was due to the deconsolidation of OUE Bayfront’s performance.
STI attracts $97m of net institutional flows in the past week
It recorded a 2.7% gain last week.
Singapore Airlines inks deal to help lift visitor economy in New South Wales
Currently, the airline operates four flights to the state’s capital, Sydney.
Foreign purchases of private homes soar by 102.8% in Q2
Most non-local buyers were from Mainland, China.
Auction listings soar by 47.5% QoQ to 118 in Q2
Almost half of the listings were recorded following the Fed’s interest rate hike in June.
Chart of the day: Residential sector overtakes commercial property in investment sales
Transaction volume of residential property types makes up 45% of the total volumes in Q2.
Market update: STI up 0.02%
CapitaLand Investment posted the most growth.
Inflation picks up to 6.7% in June
It accelerated due to higher private transport, and accommodation inflation.
DBS issues $107m (HKD210m) 3.47% notes due in 2024
The notes will be listed in the bonds market on 26 July.
CICT appoints new members of the board, board committees
The new set of designations will take effect on 25 July.
DBS vs OCBC: Which bank will post a higher net profit in Q2?
According to UOB Kay Hian, both banks' net profits will decrease.
Schroders, Conservation International invest in SG firm to speed up climate solutions
Akaria Natural Capital will deploy capital from 15 to 20 projects.
Why buyers swarmed to secure a unit at AMO Residence?
The project sold over 98% of its units on the first day of its launch.
Outside Central Region’s (OCR) first major new launch, AMO Residence, was swarmed by buyers during its first day.
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