News
OUE REIT’s net property income up 15.9% to $119.7m in H2 2023
Hilton Singapore Orchard’s full reopening helped drive OUE REIT’s profits in 2023.
OUE REIT’s net property income up 15.9% to $119.7m in H2 2023
Hilton Singapore Orchard’s full reopening helped drive OUE REIT’s profits in 2023.
STI declines 2.5% in the first four weeks of 2024
Singapore stock market booked $125.8m of net institutional inflow.
The STI declined 2.5% for the first four weeks of 2023 with the iEdge SG Advance Manufacturing Index declining 5.1%, SGX reported.
EMA awards 600 MW hydrogen-ready CCGT development to YTL PowerSeraya
The new unit is expected to be commissioned by end-2027.
HSA seizes over 1.12 million units of illegal health products in 2023
The authority also took down 12,474 online listings of illegal health products.
CLINT NPI grows 8% YoY to $179.6m in 2023
Its growth was boosted by the acquisition of quality assets.
Private houses’ prices index drops 1.4% MoM in December 2023
Property price is expected to fall by 5% - 10% in 2024.
Keppel REIT posts net property income rises 3.7% YoY in FY23
It saw a positive rental reversion of 9.9%.
Mapletree Logistics to divest 4-storey cargo lift warehouse for $16.8m
The divestment is set to be completed in FY23/24.
CLCT records 5.3% YoY net property income growth in FY23
This is thanks to the stronger performance of its retail portfolio.
Auction listings drop 2.9% QoQ in 4Q23
There were 99 listings in the last quarter of 2023.
Daily Markets Briefing: STI down 0.64%; Top stock is UMS
UMS is the top stock despite a 3.704% decline.
S&P expects Singapore REITs to stay resilient this year
Office vacancies in CICT and OUE REIT are below market average.
Private home sales to fall below 20,000 in 2024: real estate analysts
There could be as little as just 15,000 to as much as 19,000 private homes sold in 2024.
Exit offer for Boustead Projects closes
It received valid acceptances amounting to 74,998,330 shares.
7 retail units in Sim Lim Square for sale
The expression of interest closes on 8 March 2024 at 12 pm.
TE Capital, LaSalle JV acquires VisionCrest Commercial
Major transformation will be conducted to improve the asset.
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