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Daily Debrief: What Happened Today

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Pearlbank Apartments.jpg
Pearlbank Apartments is an iconic horsehoe-shaped building located in Outram.

En bloc sales: Pearlbank aims for S$728m, Parkway Mansion targets S$138m
CONDOMINIUM projects Pearlbank Apartments and Parkway Mansion will launch separate tenders for collective sale on Nov 16, marketing agent Colliers International announced on Wednesday.

Developers kept up sales pace in October with 969 homes sold, up 7% from September
DEVELOPERS maintained their rate of sales in October with some 969 new private residential homes and executive condominiums (ECs) taken up, an increase of 7 per cent from September.


Private condo rents down 0.7% in Oct, HDB rents up 0.3%: SRX
PRIVATE non-landed home rents fell by a steeper 0.7 per cent in October from a month ago, compared to a 0.1 per cent dip in September, flash estimates from SRX Property on Wednesday showed.

Market voices on:

Great Eastern regional bancassurance head leaves for Manulife
MANULIFE Singapore will be getting a new chief, two months after the Canadian insurer announced leadership changes.

Noble enters talks with stakeholders to address capital structure, liquidity position
AMID widespread expectation that it will soon embark on debt restructuring, Noble Group said on Wednesday morning that it has started discussions with various stakeholders regarding potential options to address its capital structure and liquidity position.

Hong Kong's Xin Hua Securities joins SGX's derivatives market as trading member
HONG KONG-based Xin Hua Securities has joined as a trading member of Singapore Exchange's (SGX) derivatives market.

SMRT train hits stationary train at Joo Koon MRT station; 28 injured
Two commuters sustained injuries that were categorised as “major emergencies” - and another 26 people were injured - when a stalled SMRT train was hit from behind by another one at Joo Koon MRT.

Corporate Earnings

The STI Today

Singapore shares close 0.9% lower
SHARES in the local bourse closed lower with the benchmark Straits Times Index losing 30.4 points or 0.9 per cent to finish at 3,368.70 on Wednesday.