Singapore
CEVA Logistics renews lease for Greenwich Drive property
The company extended its occupancy of 74.2% of the property.
CEVA Logistics renews lease for Greenwich Drive property
The company extended its occupancy of 74.2% of the property.
Prime logistics rent rises 3.7% QoQ in Q1
It recorded the strongest rental growth for the quarter.
HDB shophouse with a living quarter in Hougang Ave 1 up for sale
It is being sold for $5.40m.
GuocoLand-led JV clinches $486.8m Lentor Gardens site
The site spans 235,371 sq ft.
9 in 10 consumers will reward brands that protect their data: survey
One way that consumers reward brands is through positive app store reviews.
Real estate investment volume surges 73% QoQ to $6.07b
The residential sector saw the highest investment growth.
AI Singapore, Temus join hands to accelerate AI adoption amongst local firms
The partnership between the two companies will realise Singapore's vision to be a Smart Nation.
Economic growth slows in Q123
The economy grew 0.1% YoY.
No policy tightening as core inflation expects to ease by end-2023
The central bank evaluated that the current policy band is sufficiently tight.
Daily Markets Briefing: STI up 0.14%; Mapletree PanAsia Commercial Trust is most active stock
REITs are leading the index.
Chart of the Day: Business parks’ vacancy rate in city fringe stayed up
For the first time in two years, it grew to 5.3% from 3.5% in the final quarter of 2022.
Price-sensitive homebuyers become cautious due to inflation
Increasing borrowing costs and economic uncertainties contribute to this.
Luxury homes prices lagged in city-fringe and suburban counterparts
Prices for luxury non-landed homes are at $5.50 psf pm.
Islandwide office vacancies grow up 0.1 to 5.1% QoQ
But vacancies for Core CBD's 'Grade A' offices dip to 3.9% from 4.2%
New F&B container park to open on Cosford Road
The container park spans 38,000-square feet.
How many years do Singaporeans need to work to become a millionaire?
The average wage of Singaporeans is $6,612 (US$4,930).
StanChart’s VC arm invests in fintech platform BetterTradeOff
The platform will use the investment to boost its digital wealth advisory capabilities.