Singapore
Industrial investment sales rose over three-fold in Q3
The investment sales increased to $673.4m.
Business parks’ submarkets rental gaps widens
City Fringe rents increased whilst the rest of the island remained flat.
Residential investment sales up for the 2nd consecutive quarter in Q3
It is the top performing sector during the period with $3.58b in sales.
SIA Engineering Company to provide aircraft services for new Malaysian budget airline
This includes engine spares on-site consignment and repair support services.
Office take-up rate in 2022 to double year-on-year
The take-up rate reached 0.56 million square feet as of the end of Q3.
SG joins ICAO’s capacity-building programme on sustainable aviation fuel
Under the programme, SG will provide and receive training on SAF.
IMDA taps D·CAMP to be its landing pad partner in Korea
D-CAMP is Korea’s largest startup accelerator with a portfolio of more than 260 startups.
HDB rents rise 3.2% MoM in September
By room type, 5 Room saw the highest rent increase.
Condo rents climb 3.3% MoM in September
Across sub-markets, RCR saw the highest rent increase.
SIAEC inks deal to provide maintenance services to Hawaiian Airline until 2027
The mainboard-listed company will conduct maintenance checks for the airlines’ A330-300 fleet.
Retail rents continue to recover amidst improve shopper traffic and retail sales
Prime retail rents increased for the first time in four years.
Saving costs no longer enough for companies to be sustainable, says KPMG Partner
This is amidst the manufacturing sector’s huge contribution to greenhouse gas emissions.
How data is ensuring safer road travels for Grab’s fleet
By analysing driving behaviour, Grab can identify if their vehicles need maintenance work.
More than half of Singaporeans plan to switch to an e-vehicle
Currently, only 15% have made the switch.
Why condo resale prices surged in September
New launches and strong demand for suburban homes uplifted prices.
Chart of the day: Physical, mental and financial wellbeing are interconnected: study
The study observed that when one aspect of wellbeing improves the othe improves as well.
Market update: STI down 0.08%; Keppel DC Reit led the index
Keppel DC Reit recorded the highest gains.
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