Singapore
Condo rents rise 0.9% MoM but fall 5% YoY in July
Condo rents rise 0.9% MoM but fall 5% YoY in July
The Rest of the Central Region reported the highest sequential rent increase.
National Day Rally: New homes planned for Singapore’s 120km Southern coastline
PM Wong said 10,000 new homes could be built in Marina South and East.
SG banks, insurers customer experience quality unimproved in 2024
It's become difficult to distinguish leaders from laggards as the gap has narrowed.
Gov't revises LTV limit and grants to cool HDB market
The LVT limit for HDB housing was reduced to 75%.
Over 1 in 4 youths are financially unprepared: UOB study
There are 26% of Gen Zs who don’t follow MAS’ rule of thumb.
Japfa Limited offers to buy back 9% of shares in an off-market deal
It plans to repurchase the shares for $0.355 each.
Soilbuild Construction secures $69.6M in new contracts
The new contracts will boost the group’s order book to $1.25b.
Hatten Land files supplemental affidavit for interim judicial management application
The hearing for its application has also been set for 21 August.
CNMC Goldmine to expand Kelantan plant capacity by 60% with new investment
The investment will increase the plant’s processing capacity to 800 tonnes of ore per day.
NUS and A*STAR develop non-invasive wearable sensor to detect skin biomarkers
The sensor can detect biomarkers such as cholesterol and lactate.
MAS imposes 9-year prohibition order on ex-OCBC rep for cheating
The prohibition order took effect on 19 August.
Daily Markets Briefing: STI up 0.14%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 3.17% increase.
Economists remain upbeat about NODX growth despite July’s likely one-off surge
NODX grew 15.7% YoY in July.
5 challenges threaten Singapore workers’ willingness to engage in business travel
Seven in 10 workers consider business travel essential for career advancement.
2-storey industrial building at 455 Jalan Ahmad Ibrahim on sale for $30m
The property will be sold via a private treaty.
EQT Private Capital Asia to acquire PropertyGuru for US$1.1b
The transaction is expected to close in Q4 2024 or Q1 2025.
National Day Rally: Gov’t to update GEP, launch new funding scheme for post-secondary education
Students will receive a $10,000 top-up if they obtain a diploma.