News
Office unit at Suntec City Tower 1 sold for $11.5m
Suntec City end-users and family offices were sought by investors from China, Hong Kong and India.
Office unit at Suntec City Tower 1 sold for $11.5m
Suntec City end-users and family offices were sought by investors from China, Hong Kong and India.
Mortgagee listings keep dropping amidst a lack of buyer interest
There are 22 mortgagee listings in Q2 2023.
Amazon, EnterpriseSG and SBF roll out cross-border brand launchpad
The programme over 100 local MSMEs to grow in the US.
Auction listings up 9.3% QoQ in Q2
The success rate was 4.9%, with four properties knocked down.
Incumbent banks unlikely to take hit by neobanks' deposit cap raise: Fitch
Digital banks could face challenges beyond funding.
Property investments drop 5.7% QoQ to $3.8b in 2Q23
Colliers attributed the decline to high borrowing costs.
Keppel, HSBC join hands to create decarbonisation solutions
The parties will also explore cooperation on other energy transition opportunities.
Singapore outperforms omnichannel spending in Southeast Asia
The market’s omnichannel spending accounted for 57.6% of retail spend in 2022.
SG-based VC firm invests in remote respiratory monitoring healthcare startup
The funding will be used to expand Aevice solution to patients in Southeast Asia.
SG, Dubai, and Bangkok are expected to lead H2 prime residential capital growth
The Lion City’s capital value for the first half is at 0.1% hit by construction costs.
Inflation eases to 4.5% in June
MTI attributed the moderation to lower food and services inflation.
Daily Markets Briefing: STI declines 0.4%; Mapletree Industrial Trust is most active stock
Mapletree Industrial Trust stopped trading at 1.33% up, at 5:24 p.m.
SGX RegCo unveil alleged internal control lapses in Kitchen Culture Holdings
Special auditor Deloitte found what could be a possible breach in the Employment of Foreign Manpower Act.
545 Orchard Road up for sale: CBRE
The site has a guide price of $928m.
Cromwell European REIT’s portfolio valuations slip in H1
It experienced a slight decline of 1.6% or €36.1m (S$54.4m) versus 31 December 2022.
Seatrium announces the resignation of Tan Yah Sze
Kem Huey Lee Sharon will take on her role.
Flexspaces crucial to Singapore’s thriving hybrid work culture
IWG Singapore Country Manager Darren Rogers said workplace strategy is critical for businesses to overcome rising rental costs and retain talent.
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