Singapore
Total property investment volume up 2.8% YoY to $29.1b in 2022
The investment market may remain in “price discovery mode” in the first half of 2023.
Total property investment volume up 2.8% YoY to $29.1b in 2022
The investment market may remain in “price discovery mode” in the first half of 2023.
Hoe Chiang Road and Lim Teck Kim commercial site for collective sale for $216m
The 999-year leasehold has a total land area of 1,722.5 sqm.
Prime retail rent to grow between 3-5% in 2023: report
This recovery will be led by the shopping belt on Orchard Road.
Raffles Medical Group to get higher margins amidst China reopening
Elective surgery revival will benefit the hospital group.
SG, Uzbekistan ink transport cooperation agreement
Civil aviation is amongst the areas of cooperation.
How Singapore's prime rental rates compare to APAC markets
In Q4, the Lion City saw a 5.5% YoY increase in rental rates.
Savills brokers sale of $32.68m office units in Southpoint
The sale translates to $3,000 per square foot.
Tourism activity poised to return to pre-pandemic levels by 2024
In 2022, Singapore welcomed 6.3 million tourists.
RHB: Resale volume continue to grapple with rising interest rates
The new home sales fell short of the broker’s expectations at 7,384.
Meyer Park relaunched for sale at a lower reserve price
The reserve price for the property is $390m.
Employers demand cross-functional green skills from engineers, technicians
Engineers must learn clean technologies and manage environmental sustainability.
Food zone production site at 6 Tuas Bay Walk up for sale
The sale will be via a private treaty.
CHART OF THE DAY: 9 in 10 Singaporeans want gov't to do more to address cost of living
Two in five said the issue was handled "poorly" by the government.
Cooling measures hit China homebuyers’ sentiment
It will take two years before China’s homebuying sentiment returns to normal.
Three strategies for securing talents in the semiconductor industry amidst global chip shortage
The industry’s integrated circuit design and R&D space need more talent, SSIA said.
Daily Markets Briefing: STI down 0.17%, REITs are top stocks
Commercial Reits are at the top.
Demand for flexible workspace rises 37% YoY in 2022
The rising demand pushed average rates up by 4%.
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