Staff Reporter
Upward trend of COE prices seen due to rising earnings and ‘zero vehicle’
Upward trend of COE prices seen due to rising earnings and ‘zero vehicle’
In April, COE prices for Category A cars went up by $7,503.
Net take-up for CBD Grade A office space down 471,000 sq ft in Q1
Its vacancy also increased 7.4% amidst rising economic challenges.
CBD Grade A office spaces vacancy rises to 7.4% in Q1
This is the second consecutive quarter that the vacancy rate increased.
DBS imposed with $1.6b additional capital requirements for service disruptions
Total additional regulatory capital has now reached about S$1.6b (US$1.2b).
Landmark receives payment license in Singapore
It began its operations after acquiring the license.
This startup’s clinic software is the first to be fully compatible with HealthierSG
Galen Health is one of the vendors that joined HealthierSG’s SmartCMS Programme.
Hyflux former chief Olivia Lum faces three more charges
Hyflux’s unaudited financial statements in 2017-2018 failed to disclose millions in bank deposits.
Higher ABSD rate hits foreign demand in ‘The Continuum’ sale
PropNex said the increased rate hit investment demand.
Daily Markets Briefing: STI down 0.14%; CapitaLand Investment Limited is leading
Yangzijiang Shipbuilding is the most active stock.
Singapore highest globally for total stamp duty on foreigners
The market recently put a 100% increase in the ABSD rate for foreigners.
Singapore has the priciest office fit-out costs in SEA
The Lion City’s fit-out cost for a basic hybrid is $113 (US$86 psf).
OUE Commercial REIT’s NPI up 18% YoY in Q1
Its revenue also grew due to Hilton Singapore Orchard's contributions.
AA REIT posts 5.1% YoY growth for DPU in FY 2023
The distribution per unit (DPU) grew to 9.944 cents.
Singapore and Hong Kong’s talent war intensifies: CBRE
Both markets have put up schemes to woo foreign talent.
Daily Markets Briefing: STI up 0.15%; Frasers L&C is most active stock
Frasers L&C is at the top.
Chart of the Day: SG vs HK on R&D spending
Singapore spends 1.9% of its GDP on research and development.
HDB resale volume down 4.3% MoM in April
There were 2,188 HDB resale flats sold in April 2023.
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