Daily Briefing: Sluggish retail brings no cheer for landlords; Defects in new HDB flats now covered by warranty

And here are four insurance trends in Singapore.

The slumping retail growth has brought retail space vacancy to 8.4%. And that's with e-commerce accounting for just 2 percent of total sales. Considering that 20 percent of China's retail is already online, industry forecasts of 7 percent e-commerce penetration in Singapore by 2025 may be a "gross underestimation," says Raghav Kapoor, CEO of Smartkarma, a research website. Get to know the full story here.

The Ministry of National Development said the rectification of defects in new HDB flats are now covered by a warranty under the one-year Defects Liability Period (DLP). Aside from this, owners are now offered extended warranty coverage for three major defect types, namely five years for external seepage and ceiling leakages, as well as 10 years for spalling concrete. Click here to know more about the issue.

Singapore insurance business dip 1% in Q3. With the latest figures, there are four observable trends, including the decline in premiums from investment linked policies. More so, forfeiture rates are also declining. Get to know the two other trends by clicking here.