
Daily Briefing: Industrial, office and hotel sectors to bottom out in 2018; 6 questions to ask when investing
And here's what you need to know about Scooter-sharing in Singapore.
From Yahoo! Finance: Singapore’s industrial, office and hotel property sectors are likely to approach a cyclical bottom in 2018, says a report by DBS Group Research. It came to the conclusion based on sentiment that new supply for these sectors is expected to taper off next year.According to DBS Group Research, new industrial supply is likely to decrease by nearly 50% in 2018, as warehouse and business park space completions are projected to peak this year. Business parks are poised to see a rise in demand from firms in the telecommunications, media and technology sector. However, REITs with interest in industrial and business parks will continue to expect downside risks for the sector for the rest of this year.
From The Motley Fool Singapore: Over the past 10 years, I have probably read about a hundred books or so on investing. However, I have found it hard to retain much of the content in most of the books. That’s because after I had gone through 10 books on investing, I realised that most investing books seem to be repeating the same concepts and ideas. However, there is one book that is embedded in my mind like how a sticky chewing gum gets stuck to the sole of a shoe. This book is one of the first I ever read and the best investment I’ve made so far. It is Common Stocks and Uncommon Profits by Philip A. Fisher.
From Tech in Asia: Singapore hasn’t been spared from the onslaught of bike-sharing startups, as the colorful multitudes of Obike, Mobike, Ofo, and who knows who else at this point, can attest to. Local startup Neuron Mobility has a slightly different plan: what if dockless bikes but also, docked electric scooters? The startup provides both bicycles that work similarly to other companies’ but its killer feature is a scooter that’s parked at a dedicated grounded dock. Users book both of them through the same mobile app. Neuron co-founder Zachary Wang is a National University of Singapore alum. An automotive engineer, he specialized in electric vehicles and tried his hand at startups before – he co-founded residential solar power provider Rezeca Renewables.