Singapore
SG ranks 6th in list of best cities for tech workers
Tech workers in the city have an average salary of $129,940.
SG ranks 6th in list of best cities for tech workers
Tech workers in the city have an average salary of $129,940.
Ascott’s The Crest Collection debuts in Asia at 3 destination cities
The Crest Collection has over 1,500 units that are operating and in the pipeline.
Senoko Energy opens first-ever solar energy trading platform SolarShare 2.0
The launch will accelerate Singapore’s green energy transition to net zero by 2050.
Sabana Industrial REIT reports lower portfolio occupancy of 91.8% in 3Q23
In 2Q23, the REIT’s portfolio occupancy was 93.9%.
Gov’t to raise monthly school fees for permanent residents and international students
The education ministry will implement the increase from 2024 to 2026.
Keppel Pacific Oak US REIT’s distributable income drops 10.7% YoY to US$13.1m in 3Q23
The REIT attributed the decline to higher financing costs.
Parkway Life REIT acquires two nursing homes in Osaka for $16.4m
The REIT will acquire the property at approximately 11.9% below valuation.
Daily Markets Briefing: STI declines 1.11%; Wilmar International is most active stock
Wilmar International is top stock, increasing 0.28%.
Electronics cycle shows tentative signs of bottoming – expert
In September, electronics NODX saw a narrower contraction of 11.6 YoY.
4 key investment themes for 4Q23 unveiled
Experts are cautious about their near-term outlook for Singapore equities.
Fewer HDB upgraders bought condos for at least $5m in 3Q23
Only 12 units were transacted for at least $5m.
URA puts up Orchard Boulevard site for sale under GLS programme
The site is residential with a 1st storey commercial and has a 99-year lease period.
Savills cuts 2023 property investment sales value forecast to $19b-$21b
This is on the back of the geopolitical situation globally.
Property investment value doubles QoQ to $7.13b in Q3
Investments in the residential sector also doubled to $3.43b.
Mixed-use property at River Valley Road for sale via tender
Mixed-use property at River Valley Road for sale via tender
Experts anticipate limited bidding enthusiasm for Orchard Boulevard GLS site
The site may attract one to five bidders, said experts.
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