News
Private home sales in mid-tier market jumps 44.4% QoQ in Q2
Private home sales in mid-tier market jumps 44.4% QoQ in Q2
Both new sales and resale volume increased during the quarter.
Chart of the day: Transport engineering output shoots up 32% in June
Output in the marine & offshore engineering segment increased by 44%.
Market update: STI up 0.41%
Yangzijiang Shipbuilding is the highest gainer.
Keppel REIT’s net property income up 6% YoY in H1 2022
Its portfolio committed occupancy stood at 95.5%.
Clarke Quay to become a day-and-night destination
This is thanks to a S$62m asset enhancement initiative.
Frasers Centrepoint Trust's tenant sales jump 23% YoY
Amongst Frasers' assets, Tampines 1 and Waterway Point had the highest sales growth.
Lendlease Global CREIT bags $100m sustainability-linked term loan facility
Proceeds will be used to refinance a loan due in FY23.
Singtel puts up lifestyle service provider on e-wallet Dash
The lifestyle deals will be offered by over 300 merchants.
HDB rents to rise by 16%-18% by yearend
Rents went up 18% year-on-year.
ESR-Logos Reit reports 6% fall in H1 DPU
Higher utility expenses drag down DPU for the first half of the year.
Manufacturing output growth moderates to 2.2% YoY in June
Excluding biomedical manufacturing, output grew 4.2% YoY.
EDB launches second leg of its corporate venture building programme
A total of $20m of fresh funding will be received by the program beneficiaries.
The Beaumont relaunched for sale for $468m
The property will be sold via public tender.
Average price of new luxury condos dips to $2,782 psf in Q2
This translates to a 1.1% decline from Q1.
Chart of the day: Manufacturing output climbs 2.2% in June
However, output fell by 8.5%.MoM.
Market update: STI up 0.32%
CapitaLand Integrated Commercial Trust was on top of the index.
The Straits Times Index closed at 3,190.49, up 0.32%, on Tuesday, 26 July 2022.
New homes sold in mass market dip 16.6% QoQ in Q2
OrangeTee said the decline was due to the lack of new launches.
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