Chart of the Day
Marketing and media industry lead GenAI use in Singapore: report
Hospitality lags at 24%.
Non-landed homes leasing volume climbs 24.4% QoQ in Q3
Attractive rents and new supply supported the overall lease volume growth.
Singapore shophouse sales fall 46.1% YoY in 9M2024
There were only 62 shophouses sold during the period.
DBS, OCBC, and UOB post $8.49b NII for Q3
This marks the eighth consecutive quarter the NII surpassed $8b.
Retail sales drop in Q3, overseas spending to amplify decline: Savills
High prices in Singapore and strong SGD may prompt consumers to spend overseas.
F&B sales up 1.6% YoY in September
Total sales value reached $978m.
Singapore leads APAC in life sciences investments
Amongst notable deals in 9M24 is the US$206m acquisition of Ho Bee Land’s Elementum.
COTD: Auction listings drop 25.2% QoQ in Q3
Mortgagee and owner sale listings were nearly equal.
COTD: Non-landed homes drive residential mortgagee listings in Q3
All 19 listings were non-landed homes.
COTD: Shophouse market hits record leasing value of $10.7m in Q3
The Q3 leasing value boosted the 9M total to $30.6m.
COTD: Shophouse transactions fall 20% QoQ and 56% YoY in Q3
Transaction value fell alongside volume.
COTD: Office vacancy rate up 11.0% QoQ in Q3
Office space occupancy declined by 3,000 sq m (nett) in Q3.
COTD: S-REITs end Q3 with 17.3% total returns
Institutional investors drove the gains.
COTD: Over 90% of Singapore REITs invest overseas
Singapore also has the largest exposure in the Pan-Asian market
COTD: Industrial sales volume in Q3 rises after Fed rate cut
The rising manufacturing activity may also drive industrial property sales.
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