Daily Briefing: Slight fall in prices for HDB resale flats; Factory rent falls further in Q1

And here are overseas vacation spots for Singaporean families.

HDB resale prices in Singapore remained flat last month, according to flash figures released by SRX Property yesterday. HDB resale prices fell by just 0.1% in March 2016. 3-room and 4-room flats faced a drop of 0.8% and 0.2% respectively, while there was a 1.6% drop in resale prices for executive flats. However, resale prices of 5-room flats increased by 0.7%. Read more here.

Factory and warehouse rents in Singapore declined further during the first quarter as demand waned further, with manufacturing output (NODX) falling for the 13th consecutive month in February, according to a CBRE report. “Leasing volume for factory and warehouse extended its downward trend in Q1 2016. Occupiers held off expansion plans while relocations dwindled as obtaining budget approvals for capital expenditure remained one of the major stumbling blocks. Given the subdued manufacturing environment, industrialists’ focus has largely been on optimising operations and cost reduction,” said the consultancy. Find out more here.

If an exciting vacation spot sounds to you like somewhere you can bungee jump, smoke weed legally or watch transexuals pole dance, you probably don’t have kids yet. When you’re a parent to screaming tots or sullen teenagers, the biggest challenge is to find a holiday destination with enough activities and sights to keep them occupied and out of your hair, but that is still vibrant enough to make it worth the parents’ while. Read more here.