News
Chart of the day: 114 shophouses sold for $938.8m in H1 2022
Chart of the day: 114 shophouses sold for $938.8m in H1 2022
Sales activity may have dipped however the market shows no sign of slowing.
Market update: STI up 0.52%
Yangzijiang Shipbuilding was at the top.
Park View Mansions acquired enbloc for $260m
The property will be turned into a residential development.
Keppel Infrastructure Trust distributable income drops by 13%
The firm blames the drag to higher trust expenses.
Sanjuro’s offer to Hwa Hong declared unconditional
The offer will close on 1 August.
MAS to cut down carbon footprint in equities portfolio by 50% by 2030
This is part of the regulatory body's promise to build a climate-resilient portfolio.
SIA Engineering achieves positive core profitability in Q1 FY23
Excluding government support, its core profitability reached $4.2m.
CICT net property income jumps 6.2% YoY to $501.6m in H1
This was driven by the completion of acquisitions and higher rental income.
Suntec REIT DPU rises 15.8% YoY in H1
Its distributable income from operations increased by 7.1% You to $126.6m.
Orchard Bel Air on collective sale for $587.5m
The 36-storey site is on sale through public tender until 6 September.
Keppel Pacific Oak US REIT H1 DPU down 4.4%
Distributable income rosed by 5.4%.
Shophouse along Craig Road on sale for $12m: Savills
It will be sold via expression of interest until 31 August.
Private home sales in mid-tier market jumps 44.4% QoQ in Q2
Both new sales and resale volume increased during the quarter.
Chart of the day: Transport engineering output shoots up 32% in June
Output in the marine & offshore engineering segment increased by 44%.
Market update: STI up 0.41%
Yangzijiang Shipbuilding is the highest gainer.
Keppel REIT’s net property income up 6% YoY in H1 2022
Its portfolio committed occupancy stood at 95.5%.
Clarke Quay to become a day-and-night destination
This is thanks to a S$62m asset enhancement initiative.
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