Singapore
CPF and HDB loan changes give buyers more flexibility
Potential buyers can now qualify for a wider choice of developments.
ARA US Hospitality Trust debuts on SGX at $1.19 apiece
Its IPO raised $679.2m in gross proceeds.
Daily Markets Briefing: STI down 0.43%
Don’t expect gains today.
Daily briefing: Singapore unveils Centre for Healthcare Innovation; Airbnb-style short-term accommodation still illegal
And here’s where ride-hailing app TADA is setting its sights next.
Chart of the day: Which non-mature estates saw the highest resale transactions in Q1?
The towns with the most transactions are Woodlands, Jurong West and Yishun.
Here are the most in-demand jobs in 2019
The accounting sector could generate 2,000 jobs in 2020.
New business premiums in life insurance up 1% to $937.2m in Q1
The uptake in annual premium buys offset the decrease in single premium product purchases.
Pearl Bank Apartments to be digitally archived ahead of redevelopment
Drone and 3D scans of the site will be used for future urban development research.
Keppel arm sells 100% stake in HPJ Limited Liability Enterprise for $1.36m
It sold its interests to Sabir Aliyev, a citizen and resident of the Republic of Azerbaijan.
HDB resale prices fell 0.4% in April
This could be attributed to price weaknesses amongst older flats in mature estates.
Best World takes short-seller Bonitas to court for defamation
Bonitas stated in a report that Best World limited the scope of its independent review by PwC Singapore to divert attention from fabricated sales.
Best World's profits climbed 79% to $10.33m in Q1
Earnings were bolstered by strong demand for its DR’ Secret skincare line in China.
Which are the go-to e-commerce sites for Singaporeans?
It’s a battle between Lazada and Qoo10 with Shopee on the side, a study found. Alibaba Group’s Lazada is the most preferred e-commerce site for Singaporeans in terms of monthly active users (MAU), a study by Malaysia-based shopping aggregator iPrice revealed. Lazada also leads in MAU in the Philippines, Malaysia, and Thailand, whilst it was ranked second and fourth in Vietnam and Indonesia, respectively.
URA holds firm on short-term stay status quo
The minimum stay duration for private residential properties will stay at three months.
Singapore ranked as fourth costliest Asian city to build in
The construction sector shrank by 3.4% in 2018 due to a slowdown in public sector construction activities.
Daily Markets Briefing: STI down 0.87%
Don’t expect gains today.
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