News
Frasers Property posts $2.7b pre-sold revenue as at December 2022
Frasers Property posts $2.7b pre-sold revenue as at December 2022
In Singapore, the company has an unrecognised revenue of $1.0b.
SG fosters deeper collaboration with Abu Dhabi
The two markets discussed collaboration plans in five key areas.
HDB resale volume rebounds by nearly 15% in January
The resale prices also rose by 1.4%.
China’s shift of policy backed risk appetite for RMB: SGX
It increased demand for Asian foreign exchange.
MOF: Gov’t spending to go up 19%-20% of GDP in 2026 to 2030
It may also exceed 20% of the economy by 2030 fiscal year.
Daily Markets Briefing: STI up 0.23%; Sembcorp Industries is still on top
Sembcorp Industries led the index.
Broker retains outlook for S-Reits stocks as overweight
Amongst notable Reits are MPACT and FLT.
Chart of the Day: Occupancy rate of industrial property down 0.3% in Q4 22
Colliers said there was an uptick in new completions.
Singapore still most liveable location for expatriate workers from East Asia
It has retained its status since 2005.
StarHub may face risks in weaker earnings and execution of transformation programme
Its results were within the analyst’s expectations.
Singapore and UAE deepen collaborations on tech and skills development
The government will help UAE in digital trade documents, fintech, and other innovations.
JCube mall to stop operations on 7 August
Its site will be converted into a 40-storey residential development.
Shophouse market posts 25.6% drop in sales in 2022
An estimated 189 shophouses were sold during the year.
SG pushes for closer collaboration with Vietnam in two areas
One of which is digital economy.
Growth of industrial rents to moderate by 1%-3% in 2023: Colliers
In 2022, the market recorded an annual growth of 6.9%.
Freehold bungalow in Braddell Heights sells for $19m
ABN Holding Pte. Ltd purchased the property via tender.
Boustead Industrial Fund acquires J’Forte Building for almost $100m
The property has 44 years left on the lease.
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