Singapore
Sabana Industrial REIT’s portfolio occupancy climbs to a new high in Q123
The REIT recorded a 92.6% occupancy.
Sabana Industrial REIT’s portfolio occupancy climbs to a new high in Q123
The REIT recorded a 92.6% occupancy.
Keppel DC Reit’s DPU up 3% in Q1 23 due to data centres investment
New acquisitions of Guangdong data centres contributed to the increase.
Property investment volume falls 63.3% YoY to $4b
It is the lowest quarterly investment volume registered since Q4 2020.
ARA US acquires Hilton Colorado Springs South's Home2 Suites for $38.7m
The acquisition reflected the Managers' ongoing portfolio optimisation.
MAS chief Ravi Menon set to step down in 2023: report
Chia Der Jiun is tipped to be the next managing director of Singapore’s central bank.
Capital goods sector to lead Q1 23 results: analyst
The rest of the sectors may feel muted growth.
3 factors weighing down Singapore’s economic growth
Analysts expect full-year GDP growth to clock in at 1.4%, lower than the 2022 record.
Chart of the Day: Top considerations in investing in green buildings
The top driver is sustainability and ESG.
Daily Markets Briefing: STI down 0.39%; DFI Retail Group is leading
DFI Retail Group is top gainer.
New PDD to push sustainability, business opportunities
The new district would be crucial for Singapore and its commercial and business park sectors.
SG Prime residential properties grow 2% to 61,939 in Q1
JLL expected the completed supply would peak within the year.
OCBC and SG police force prevent scam losses worth S$12.6m
About 700 victims were safeguarded from potential loss.
UOB sets new tech and innovation hub in Punggol Digital District
This is the first Singapore local bank to establish a presence in the district.
Office rents dip 1.0% in Q1
Gross effective rents now stand at $11.30 psf pm NLA.
Bridging Loans: An Alternative Financing Option for Clients Affected by TDSR
As property prices in Singapore continue to rise, more and more clients are finding themselves affected by the Total Debt Servicing Ratio (TDSR) framework. This framework, introduced in 2013, sets a limit on the amount of debt a borrower can take on based on their income and other financial commitments. While the TDSR framework is designed to promote financial prudence, it has also made it harder for some clients to secure financing for their property purchases.
New home sales rise 13.6% MoM in March
However, it is 24.8% less than 654 units year-over-year.
Competing construction firms unite to meet industry’s towering demand
Construction industry expected to grow by 2.1% to $36b in 2023.
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