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MYP sells Cecil Street property for $247m
MYP Plaza has 14-storeys of office units and 3 basement car park levels.
MYP sells Cecil Street property for $247m
MYP Plaza has 14-storeys of office units and 3 basement car park levels.
GrabCycle stops offering oBike bicycles in marketplace
oBike stopped its Singapore operations yesterday after struggling with licence requirements.
Singapore jumps to 4th spot in costliest cities for expats
For instance, coffee in Singapore is at US$5, which is significantly cheaper than coffee in Seoul (US$10) and Hong Kong (US$7).
ST Engineering and SP Group to launch Singapore's first pay-per-use IoT platform
The platform includes smart city applications, a cloud network, and a multi-access computing infrastructure.
Daily Briefing: GrabCycle pauses sign-ups after oBike closes; Wilmar cuts ties with suppliers accused of deforestation
And a Singapore-based digital lender bags funding from SIG Asia Investments.
Chart of the Day: Fewer launches in January to May dent new-home sales
There were 124 new units sold for every unit launched.
Daily Markets Briefing: STI down 0.81%
The sharp retreat on Wall Street fueled by trade tensions could mute gains today.
Climbing oil prices to hurt Singaporeans' purchasing power
The MAS reiterated its warning that imported inflation is likely to rise.
PropNex launches Mainboard IPO at 65 cents per share
It aims to raise $38m and boost market cap to $240.5m.
STI falls 10% from peak over trade tension woes
Analysts also see more headwinds for Singapore due to interest rates.
Singapore's inflation rate rose to 0.4% in May
This was due to a faster pace of price increases across all the major categories.
Dalvey Court in District 10 up for en bloc sale at $160m
It can be redeveloped into a medium-rise project next to White House Park good class bungalow areas.
Starhub to drop Discovery channels over price disagreement
The cable company will introduce a lineup of seven new channels by 3 July instead.
Singapore's overseas real estate investment jumped 35% to US$19.9b
Most of the capital was directed to the US, Australia, and the UK.
Changi Airport passenger traffic jumped 5.8% to 5.29 million in May
China led the gains at 12% with 550,000 passenger movements.
ARA Asset Management takes over $1.4b Cache Logistics Trust
The REIT will tap into ARA’s Asia Pacific network.
JLL and Lendlease launch proptech accelerator
Qualified startups stand to receive $20,000 grant.
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