News
MAS bans 4 former insurance advisers for unlawful sub-agency activities
MAS bans 4 former insurance advisers for unlawful sub-agency activities
The ban includes one other individual, barring the five insurers for 3 to 5 years.
SG ranks 6th in list of best cities for tech workers
Tech workers in the city have an average salary of $129,940.
Ascott’s The Crest Collection debuts in Asia at 3 destination cities
The Crest Collection has over 1,500 units that are operating and in the pipeline.
Senoko Energy opens first-ever solar energy trading platform SolarShare 2.0
The launch will accelerate Singapore’s green energy transition to net zero by 2050.
Sabana Industrial REIT reports lower portfolio occupancy of 91.8% in 3Q23
In 2Q23, the REIT’s portfolio occupancy was 93.9%.
Gov’t to raise monthly school fees for permanent residents and international students
The education ministry will implement the increase from 2024 to 2026.
Keppel Pacific Oak US REIT’s distributable income drops 10.7% YoY to US$13.1m in 3Q23
The REIT attributed the decline to higher financing costs.
Parkway Life REIT acquires two nursing homes in Osaka for $16.4m
The REIT will acquire the property at approximately 11.9% below valuation.
Daily Markets Briefing: STI declines 1.11%; Wilmar International is most active stock
Wilmar International is top stock, increasing 0.28%.
Electronics cycle shows tentative signs of bottoming – expert
In September, electronics NODX saw a narrower contraction of 11.6 YoY.
Fewer HDB upgraders bought condos for at least $5m in 3Q23
Only 12 units were transacted for at least $5m.
Singapore targets $160b manufacturing sector boost by 2030: DPM Heng
Heng Swee Keat put emphasis on three key priorities that the industry must continue to innovate on.
URA puts up Orchard Boulevard site for sale under GLS programme
The site is residential with a 1st storey commercial and has a 99-year lease period.
Savills cuts 2023 property investment sales value forecast to $19b-$21b
This is on the back of the geopolitical situation globally.
Property investment value doubles QoQ to $7.13b in Q3
Investments in the residential sector also doubled to $3.43b.
Mixed-use property at River Valley Road for sale via tender
Mixed-use property at River Valley Road for sale via tender
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