News
Holiday activities, rising interest rates to blame for low condo resale volume
Condo resale volumes declined 14.5% month-on-month in August 2022.
Chart of the day: Service satisfaction rises with more use of real estate tech
9 out of 10 consumers prefer agents who use three or more property tech in their service.
Market update: STI up 0.47%, CapitaLandInvest at the top
CapitaLandInvest was top gainer.
Singapore’s digital bank Trust reaches 100,000 customers
Users were aged 18 to over 90 years old, Trust Bank said.
DBS unveils targets for decarbonisation, data coverage under net zero goal
It plans to reduce emissions from O&G sector by 28% in 2030.
Around 3 in 5 adults oppose online gambling: report
It is the fourth market most opposed to online gambling.
SingPost appoints Li Yu as CEO for International Business
He took on the role on 12 September.
SGX securities turnover value climbs 35% MoM to $24.3b in August
The pickup was on the back of the corporate earnings season.
SGX RegCo pushes for a 9-year limit for independent directors
The regulator said the cap will help the bourse achieve its diversity outcomes.
MOM unveils safeguards for issuance of ONE Pass
The agency said it will carefully vet applications for the work pass.
FCT to acquire 10% additional stake at Waterway Point for $73.6m
Post-acquisition, FCT will own 50% of the retail mall.
Land parcel at Telok Kurau launched for sale via public tender
It has an indicative guide price of $30m.
Singapore’s wealthtech venture funding surge sevenfold in four years
More rich people, digital tools are behind the rise
Condo resale volumes down 14.5% MoM in August
Over 1,000 units were resold in August from 1,327 units in July.
Gov’t declares pay adjustments for the administrative service, judicial and statutory appointment holders
The adjustments of salaries are between 5% and 12% starting in October.
Authorities may tweak additional cooling measures due to possible price increase
RHB sees property prices to possibly rise 5% in the second half of 2022.
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