Singapore
Hillhaven sells 33% of its units during launch
Hillhaven sells 33% of its units during launch
The average selling price of the units sold was $1,903 psf.
Ang Mo Kio Ave 2 site to yield around 700 homes
URA has proposed to use the site for high-density residential projects.
JTC rejects sole bid for Gambas Way (Plot 3) site
The tender for the industrial site closed on 26 December.
Non-oil domestic exports may stabilise in 2024
In 2023, NODX contracted 13%.
Daily Markets Briefing: STI up 0.3%; Top stock is DBS
DBS is the top stock with a 0.439% increase.
Analysts weigh in on the underwhelming bidding at Marina Gardens Crescent
A white site in Marina South fetched a lower bid land rate than a plot in one-north.
Sustained growth seen for SGX-listed F&B operators, says expert
Coffee chain Kimly is RHB’s top pick.
Investment sales fall to $5.4b in Q4
The public sector accounted for 54.4% of the total sales in the quarter.
Demand for affordability is keeping HDB rental prices in check
Rents may have edged up in December but will still likely stabilised, analysts said.
Temasek, partners launch first-stop resource platform
The initiative aims to empower Singapore's groundup movement.
Condo rental price decline to continue until end of H1
Landlords competing for tenants will sustain the decline in January.
How did Singapore fare in the IPO scene in 2023?
Singapore saw five Catalist IPOs in the first 10.5 months of last year.
F1 contracts not disadvantageous to the government: MTI
The government said preparations for the Grand Prix are “on track.”
SGX reprimands Tee International and former Group CEO for breaching listing rules
The company breached three listing rules.
Marina Gardens Crescent site attracts one bid; Media Circle receives 3
A GuocoLand-led consortium was the sole bidder for Marina Gardens Crescent.
Transport Minister Iswaran resigns amidst corruption charges
Chee Hong Tat will replace the embattled transport minister.
Real estate investment volume drops 30.6% YoY to $20.8b in 2023
Excluding GLS deals, residential, office, and industrial sectors supported investment volume.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia