Singapore
En-bloc market to collapse following ABSD rate hike: analyst
En-bloc market to collapse following ABSD rate hike: analyst
Singapore increased the ABSD for all residential statuses by 3% to 30%.
Mapletree Industrial Trust’s net property income rises 9.7% YoY to $518m in FY22/23
Despite the increase, the REIT posted a lower DPU of $0.1357.
Oki Electric acquires aviation equipment business of Yokogawa Electric, subsidiaries
The acquisition would not lead to a substantial lessening of competition in the market.
Travel recovery boosts Frasers Hospitality Trust’s NPI to $45.2m in 1H23
The REIT’s net property income rose by 42.9%.
SGX RegCo issues compliance notice to Asti Holding over failure to convene AGM
The company has yet to convene its FY2021 and FY2022 meeting.
Industrial occupancy drops to 88.8% in 1Q23
The occupancy rate is lower than the 4Q22 record by 0.6 percentage points.
Private house prices rise 3.3% in 1Q23
The Q1 figure is an increase from the 4Q22 growth of 0.4%.
Far East Hospitality Trust revenue soars 20.1% to $25.19m YoY
Its hotel segment contributed the largest with its $18.47m revenue.
MPACT’s NPI up 82.2% YoY to $177.4m in Q4 FY22/23
The real estate firm said all markets documented positive rental uplifts.
CDL Hospitality Trust’s net property income grew 35% YoY in Q1
The highest net property income (NPI) increase comes from Singapore.
Acquisitions boost CICT’s earnings YoY in Q1
The net property income (NPI) grew to $276.3m.
Ohmyhome eyes sector and market expansion post-Nasdaq debut
CEO Rhonda Wong brings properties vision ‘to be there for everyone’ from SG to the world.
Become an asset in the workplace through SUSS’ post-grad business programmes
Busy working individuals can expand their knowledge base whilst working on the flexible course structure.
Analyst finds substantial risk in Singapore’s technical recession
The decline will be largely driven by the weakness in manufacturing.
Daily Markets Briefing: STI down 0.34%; Singtel is the most active stock
Singtel is the most active stock.
ABSD rate hike: The winners and the losers
Singapore increased the ABSD for all residential statuses by 3% to 30%.
HDB shophouse in Marine Parade up for sale
The property is on sale via an Expression of Interest exercise.
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