News
Chart of the Day: Shophouse sales volume down 46% YoY in Q1
It went down to 28 deals in the first few months of the year.
More than half of SGX firms polled are vulnerable to email fraud: report
Only 8% actively block suspicious emails.
Yangzijiang Shipbuilding secures $1.58b year-to-date order-wins
The company now has 147 vessels worth $14.68b.
Keppel Data Centres, Woodside to explore supplying liquid hydrogen to Singapore
Keppel could buy around 1,000 tonnes of liquid hydrogen a day.
IREIT Global portfolio occupancy dips to 87.0% QoQ
But its rental rate grew to 3.4%
Greenwashing? Nearly 70% of top-level executives admit overstating sustainability goals
But 92% believe greenwashing is “accidental.”
Suntec REIT’s distributable income drops 26.8% YoY to $50.3m in 1Q23
Given the drop, it recorded a 27.4% YoY lower DPU to unitholders.
FCT’s net property income rises 5.7% YoY to $137.96m in 1H23
Despite the increase, it recorded a 0.1% YoY lower DPU of $0.06130.
ESR-LOGOS REIT net property income soars 78.2% to $70.4m in 1Q 2023
The contributions from ARA LOGOS Logistics Trust after its merger drove the growth.
Core inflation to fall below 5.0% in remaining quarters
RHB expects core inflation to fall at around 2.5% at year-end.
New fare formula to balance affordable rates and public transport’s financial stability
The government considered inflation and ridership patterns in the adjustment.
CapitaLand Ascott Trust’s gross profit grew nearly 60% YoY in Q1
New properties’ operating performance led to growth.
HDB rents rise 0.7% MoM in March
By room type, 3 Room recorded the highest rent increase.
Condo rents drop 0.3% MoM in March
Rents across sub-markets dropped in March, except for CCR.
Condo resale prices up 1.4% in March amidst widening price gap with new homes
Analysts said more buyers are turning to secondary market.
Daily Markets Briefing: STI down 0.84%; CapitaLand Invest is most active stock
Two CapitaLand firms are at the top.
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