Singapore Business Review

Singapore industrial rents rise 1.7% in Q1, prices dip for the first time in over three years
Price and rents expected to soften due to slow global growth and high supply.
Daily Markets Briefing: STI down 0.16%; Top stock is DBS
DBS is the top with a 0.204% increase.
Expert forecasts continued rise in prime office rents
In 1Q24, Singapore recorded a 3.4% YoY uptick in occupancy cost.
Nearly all Singaporeans surveyed seek purpose at work: report
Only one in five find meaning in what they do.
Synpaxe, tech giants foster GenAI in healthcare
The parties launched a challenge which saw the participation of over 160 healthcare professionals.
Why Singapore's condo resale prices surge amidst price gap
Renewed project launches and increased suburban launches were attributed as the main drivers of the faster price growth.
Funding Societies, SGeBIZ to offer embedded finance solution for SG businesses
The solution aims to help businesses manage their cash flow.
MOH suspends Peach Gardens after gastroenteritis outbreak
The suspension took effect on 22 April.
8 out of 10 Singaporean Millennials and Gen Zs prefer off-peak travel
67% believe they can accomplish more during these quieter periods.
Digital Core REIT's net property income drops 9.5% in 1Q24
Distributable income also declined, dropping 2.4%.
Surveyors report stable commercial property market amid healthy demand
A net balance of +7 surveyors noted an increase in developments in Singapore.
CapitaLand India Trust's net property income surges 18% YoY in 1Q24
The REIT attributed the increase to higher property income.
Suntec REIT's distributable income dips 1.1% YoY in 1Q24
With lower income, the REIT also reported a 1.8% dip in DPU.
Condo resale prices increase by 5.0 YoY in March
Across submarkets, OCR posted the highest year-on-year price increase.
Condo resale volume jumps 17.4% MoM in March
Over 800 units got resold during the month.

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Singapore industrial rents rise 1.7% in Q1, prices dip for the first time in over three years
Price and rents expected to soften due to slow global growth and high supply.
Daily Markets Briefing: STI down 0.16%; Top stock is DBS
DBS is the top with a 0.204% increase.
Expert forecasts continued rise in prime office rents
In 1Q24, Singapore recorded a 3.4% YoY uptick in occupancy cost.
Nearly all Singaporeans surveyed seek purpose at work: report
Only one in five find meaning in what they do.
Synpaxe, tech giants foster GenAI in healthcare
The parties launched a challenge which saw the participation of over 160 healthcare professionals.
Why Singapore's condo resale prices surge amidst price gap
Renewed project launches and increased suburban launches were attributed as the main drivers of the faster price growth.
Funding Societies, SGeBIZ to offer embedded finance solution for SG businesses
The solution aims to help businesses manage their cash flow.
MOH suspends Peach Gardens after gastroenteritis outbreak
The suspension took effect on 22 April.
8 out of 10 Singaporean Millennials and Gen Zs prefer off-peak travel
67% believe they can accomplish more during these quieter periods.
Digital Core REIT's net property income drops 9.5% in 1Q24
Distributable income also declined, dropping 2.4%.
Surveyors report stable commercial property market amid healthy demand
A net balance of +7 surveyors noted an increase in developments in Singapore.
CapitaLand India Trust's net property income surges 18% YoY in 1Q24
The REIT attributed the increase to higher property income.
Suntec REIT's distributable income dips 1.1% YoY in 1Q24
With lower income, the REIT also reported a 1.8% dip in DPU.
Condo resale prices increase by 5.0 YoY in March
Across submarkets, OCR posted the highest year-on-year price increase.
Condo resale volume jumps 17.4% MoM in March
Over 800 units got resold during the month.

Exclusives

Join the Singapore Business Review community