News

CLI to receive immediate fee income from Ascott’s acquisition of Oakwood

Oakwood has 81 properties and 15,000 units under management.

Chart of the day: Mental health in North Region most ‘strained’ in Singapore

Almost 2 out of 5 Singaporeans have high mental health risks.

Market update: STI down 0.56%

DBS and Keppel Corporation are the only gainers.

Retail sales jump 17.8% YoY in May

Excluding motor vehicles, total retail sales increased by 22.6% YoY.

Property investment sales jump to $8.2b in Q2 22

Sales were driven by the commercial sector.

Gov’t sees no recession in 2023: Tan

Authorities readied plans to combat high inflation.

Singapore PMI edges lower by 0.1 in June

The electronics industry posted a strong performance last month.

Home affairs ministry eyes amending law on renovation fraud

From 2019-2021, there were 100 cases involving errant renovation contractors.

Rising interest rates: Which SREIT will be the biggest loser?

The DPU of an industrial REIT is expected to drop 15.0% in 2023.

NUS’ new hydrogen research institute starts operation

The Centre for Hydrogen Innovations has received S$25m investment.

Yanlord Land Group’s contracted pre-sales rise to $6.5b in H122

The H122 pre-sales translate to a 9.5% YoY jump.   Yanlord Land Group’s contracted pre-sales from residential and commercial units, and car parks rose by 9.5% YoY to $6.5b (RMB31.394b) in H122, its latest unaudited operating figures revealed.

SG is 2nd most transparent real estate market in Asia

The market improved its data coverage and sustainability commitments.