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Singapore private property new sales volume up 17%
Singapore private property new sales volume up 17%
PropNex estimates an overall 5–8% growth for private residential properties, while different types of properties will see varying growth rates.
Home prices up 17.6% in 2010
Prices of non-landed properties increased by 14.0% for year of 2010 as a whole.
CapitaLand acquired Marine Point for $100.68mln
Total acquisition cost works out to $1.056 per square foot per plot ratio.
Bank of Moscow placed $150mln worth of Singapore bond
The 2-year bond had a yield of 4.25%, said OCBC.
Singapore ranked 4th in Asian hotel investments
Japan led the market activity with $600 million worth of transactions.
Singapore dominated hotel markets in Southeast Asia
The two new integrated resorts in Singapore have provided a significant boost to the market.
Ascott enters JV to develop 203-unit Citadines Galleria Bangalore
Ascott to expand presence in India by adding 1,600 apartment units across seven properties in Bangalore, Ahmedabad, Chennai and Hyderabad.
Singapore Exchange lists Malaysia Smelting Corporation
The listing served as an endorsement of MSC’s strong business fundamentals and industry prospects.
Sluggish manufacturing figure for December poised to drag 2010 GDP down
Industrial production’s “disappointing” +9.0% yoy (-11.8% mom sa) reflects the ongoing volatility in the pharmaceuticals industry, according to OCBC.
Talent shortages fuel attrition threat
71 % of employers say their staff are being poached for more money.
Manufacturing growth to slow down in 2011
After the strong rebound in 2010, global restocking tails off and growth in the electronics sector is expected to slow down.
Singapore employees likely to receive 8% salary increase in 2011
10.8 per cent of Singaporean respondents said they will give a salary increase of 8 per cent or more in 2011.
Singapore Exchange lists XMH Holdings on Mainboard
The distributor of marine and industrial diesel engines has estimated market capitalisation of S$108mn.
Mass-market home prices to ease 2% in 2011
The outlook for the private residential market is cautiously optimistic in 2011.
Industrial production up 14.8% in 2010
The data is likely to show a decrease of 6.7% m-o-m sa, said OCBC.
Industrial production to register 20.3% in December 2010
A softer production growth from the electronics segment could be the key factor for the moderation.
Food price inflation threatens Singapore
10 per cent of the headline CPI in 2010 was contributed by food prices and it is one of the main drivers of the high CPI inflation.
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