Singapore
HDB so far launched 16,700 flats amidst moderate resale market price growth
The government housing body is still on track to reach 23,000 flats in 2023.
HDB so far launched 16,700 flats amidst moderate resale market price growth
The government housing body is still on track to reach 23,000 flats in 2023.
Digital Core REIT’s property net income down 3.7% YoY in 9M23
Its AUM was at US$1.59b.
CapitaLand India Trust’s net property income jumps 3% YoY to $85.6m in 1H23
Despite the increase in NPI, the trust recorded a lower DPU of $0.0336.
Wilmar Q3’23 net profit dips, dragging YTD performance
It was partially offset by robust performance in our sugar milling and merchandising businesses.
Healthway Medical to delist from SGX
The company’s exit offer closed on 26 October.
Singapore bags 'Best Startup Business Environment in Asia' title
Globally, Singapore ranked 4th.
Retrenchments rise to 4,100 in 3Q
Despite the increase, unemployment rates remained low at 2.0%.
Industrial prices and rentals continue to rise amidst drop in occupancy
In 3Q23, prices rose 6.2% YoY, whilst rentals increased by 9.3% YoY.
MPACT's net property income rises 2.2% QoQ to $183.2m in 2QFY23/24
The REIT likewise reported gains in its gross revenue and DPU.
Net profit of Sheng Siong jumps 5.7% YoY to $34.8m in 3Q23
The higher profit pushed the company's earnings per share up by 5.9% YoY.
Retail recovery drives 1.2% YoY increase in CLCT's net property income in 9M23
In 9M23, the REIT recorded a net property income of RMB316.4m ($59.8m).
Daily Markets Briefing: STI declines 0.24%; Genting Singapore is most active stock
Genting Singapore closed trading at 2.34%.
Resale condo prices rise as sellers hold firm to asking prices
In September, prices rose 0.8% MoM despite a drop in transactions.
How many hours do Singapore consumers spend on shopping apps?
Globally, time spent on shopping apps on Android phones alone is projected to rise 42% in 2023 from 2020.
Potential influx of expats from Hong Kong to spark demand for homes in prime districts
A Savills expert said Hong Kong expats are likely to purchase homes in District 9, 10, and 11.
Manufacturing output grows 10.7% MoM in September
Excluding the biomedical manufacturing segment, output would’ve grown by 17.9% MoM.
High Street Centre up for sale via public tender for $748m
The tender closes on 25 January 2024.
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