News
Condo resale volume drops 14% in December: report
Condo resale volume drops 14% in December: report
A total of 661units were resold during the month, down from over 760.
Auction listings down 19.5% QoQ in Q4 22: Knight Frank
Almost 100 listings were recorded in the past quarter.
Competition commission clears SATS’ proposed Promontoria acquisition
The proposed transaction does not infringe section 54 of the Competition Act 2004.
CDL Hospitality Trusts NPI up 43.7% YoY to $123.7m in 2022
It was mainly driven by the Singapore market and UK Hotels.
Ascott Limited to debut hotels with heritage stories in SG, China, Vietnam
The portfolio is titled The Crest Collection.
SGX grants approval in-principle on proposed combination on Keppel, Sembcorp Marine
Sembcorp Marine said they received the approval in-principle from the bourse.
CapitaLand Ascott Trust’s DPS up by 47% in H2 22 due to ‘strong portfolio’
Its gross profit also went up 80% during that year.
Private home prices softening due to weak outlook: property analysts
URA showed prices rose at a marginal pace.
Manufacturing output drops 3.1% YoY in December 2022
Excluding biomedical manufacturing, output would have grown by 0.3% YoY.
FCT's retail portfolio committed occupancy rises to 98.4% in Q123
The REIT attributed the increase to healthy leasing demand.
MapleTree Industrial Trust's NPI drops 1.2% QoQ to $128.8m in Q322/23
On a year-on-year comparison, however, NPI rose by 4.9%.
Frasers Property, FCT acquire 50.0% stake in NEX for $652.5m
NEX is the largest suburban retail mall in Northeast Singapore.
Real estate investment volumes in APAC to fall 5%-10% in 2023
In 2022, volume declined by 25%.
HDB resale prices ‘soften’ after September cooling measures
Price increases slowed to 2.3% in the fourth quarter.
HDB resale price increase slows to 2.3% in Q4
This is also the slowest increase in the past year.
Accommodation, transport prices to stay high in H1 23: analyst
This despite the softening inflation.
Non-registered SMS to be labelled ‘likely-scam:’ IMDA
Starting 31 January, the IMDA mandated the registry to SSIR.
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