News
Wilmar International’s net profit rises 55.1% YoY to $1.6b in H1 2022
Wilmar International’s net profit rises 55.1% YoY to $1.6b in H1 2022
Its key business segments improved their performance during the period.
LREIT makes it to Singapore Governance and Transparency Index Top 10
It ranked 10th with a score of 94.8.
Open for business: TikTok Shop launches in Singapore
The in-app feature is in support of local businesses.
Ascendas REIT to acquire Philips APAC Center for $104.8m
More than two-thirds of the property’s gross floor area will be leased to Philipps.
DBS denies interest in India’s IDBI Bank: report
This follows after reports said that DBS is mulling purchase of a stake in the bank.
Singapore priced $2.4b inaugural sovereign green bond at 3.04%
The remaining $50m of the bond will be offered to investors.
Price, demand for HDB rental assets decline for the first time in 3 years: PropertyGuru
Asking prices for HDB rental properties was at 0.95%.
Rental prices for private properties see sharp spike in Q2 as expatriates return
Prices rose by around 8% to 15% in Q2.
Hong Leong Finance sees profits rise to S$45.1m in H1
It has also announced an interim dividend of S$0.0375 in its latest bourse filing.
Selling prices for private properties grow by around 3%-5% in Q2
The strong takeup in new condo launches boosted prices during the quarter.
No recovery yet for HDB resale demand since cooling measures: analyst
HDB sales are 11.3% lower and below the 12-month average.
Chart of the day: Strata retail gears up for a comeback
Reopening of the retail sector spurred interest in strata retail spaces.
Market update: STI up 0.52%
City Developments Limited was at the top.
2 in 3 Singaporean financial services professionals mulling leaving jobs
Demand for financial services professionals shoots up by 76% in the country.
Prime Freehold Corner F&B unit up for sale: CBRE
The unit is located at 2 Greenwood Avenue.
Manulife US REIT’s net income rises 2.8% YoY to US$57.6m in H122
The REIT said higher car park income was amongst the factors that drove the increase.
Ascott acquires first lyf-branded co-living property in Tokyo
The property will be acquired through the Ascott Serviced Residence Global Fund.
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