News

Appealing Australia: Why Singaporeans are drawn to properties in the Land Down Under

Knight Frank said the SG government’s cooling measures were a factor.

Appealing Australia: Why Singaporeans are drawn to properties in the Land Down Under

Knight Frank said the SG government’s cooling measures were a factor.

SIA passenger capacity recovers to 44% of pre-Covid levels

Meanwhile, group passenger load for the year dipped by 0.9 points.

Chart of the day: 39.2% of private home sales in February cost more than $2m

This is the second-highest since the 50.5% recorded in January. 

Market update: STI down 0.02%

DBS was seen with the most growth.

ST Engineering gets nod for acquisition of TransCore

The Committee on Foreign Investment in United States approved the acquisition.

Keppel REIT bondholders exercise put option for redeeming $146.5m in bonds

The bonds represent 73.25% of the overall $200m in bonds. 

Condo resale volume drops 9.5% MoM in February

The decline can be attributed to three factors, according to an expert.

Chuan Park Condominium relaunches for sale through public tender at $1,256 psf ppr

More than 80% of owners have signed a collective agreement pricing the site at $938m.

How the STI experienced the effects of the Russia-Ukraine conflict

The past 12 trading sessions saw fuel and travel dependent airlines perform the least.

No Signboard places Danish Breweries into creditors’ voluntary liquidation

The company said its subsidiary has been having cash flow problems.

SGX launches low carbon index in partnership with OCBC

The index uses a methodology that singles out companies with a heavy reliance on fossil fuels. 

Number of employed individuals up by 41,400 in 2021

This is a rebound from last year’s contraction of 166,600.

Chart of the day: Average annual ABSD collected from S'poreans buying 2nd residential property reach $244m

The yearly average additional buyer’s stamp duty collection was from 2017 to 2021.

Market update: STI down 0.7%

Venture was seen with the most growth.

Dunman Road residential site up for sale by public tender

The site can potentially yield around 1,040 residential units.