News

Fewer foreigners bought homes in Q1

The count of non-landed homes bought by foreigners was down by 47.3%.

Fewer foreigners bought homes in Q1

The count of non-landed homes bought by foreigners was down by 47.3%.

Manufacturing output rises 3.4% YoY in March 

The increase was due to the output growth in four of the six clusters.

Chart of the Day: Private home sales in CCR declined in Q1

There was a 40.8% decline in private homes sold compared to the previous quarter. 

Market Update: STI down 0.26%

Singtel performed the best amongst the firms.

6 in 10 Singaporeans have high trust in banks

Only 5% have low trust in the banking industry.

Survey shows Singaporeans most susceptible to fraud

Fraud costs Singapore consumers an average of $1,648.52 per year.

OUE C-REIT prices $100m 4.20% notes due 2027

The notes are expected to be issued on 5 May 2022.

Brewing soon: Olam subsidiary to acquire Canada’s Club Coffee

The transaction is expected to finish in the second quarter of 2022.

Suntec REIT's net income jumps 24.9% to $74.3m

The increase was due to higher contributions from Suntec Mall, and two other properties.

EMA wants to explore Singapore’s geothermal energy potential

It has issued a Request for Information to facilitate the investigation project.

CapitaLand China Trust net property income up 30.4% in Q1

The increase was attributed to contributions from business and logistics parks.

SIA and UA expand codesharing to 19 new destinations

SIA customers can connect to ten more US cities from Los Angeles.  

Success rate for auction listings hits highest quarterly percentage in a decade

Nine properties were sold in Q122 for a gross value of $21.1m.

Freehold site at 118 Killiney Road on sale for $76m

The building has a restaurant on the first storey and 30 apartment units on the upper floors.