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Daily Debrief: What Happened Today

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BP_Vista Park.jpg
Owners of Vista Park condominium project launched a collective sale tender on Thursday with an asking price of S$350 million, joining a spate of en bloc launches this week.

Vista Park en bloc sale launched with S$350m asking price; Spanish Village owners eyeing above S$810m
Based on the asking price, each unit owner could pocket between S$1.16 million and S$3.5 million - a premium of over 60 per cent to what the owners could otherwise get by selling the units individually in the open market.

CapitaLand buys Ho Chi Minh City site for US$38.9m to develop US$177m residences
THE 1.45 hectare site in District 4 will be developed into an 870-unit residentail development with a retail component, with views of the Saigon river and city Skyline, CapitaLand said. 

Singapore to release final Q3 GDP data on Nov 23
THE report will give the final growth figures for the economy for the July to September quarter, including detailed information on sectoral performance, sources of growth, inflation, employment and productivity.

IMDA, MAS to push career development of fintech professionals
THE Infocomm Media Development Authority (IMDA) and the Monetary Authority of Singapore (MAS) on Nov 16 signed a Memorandum of Intent (MOI) under the TechSkills Accelerator (TeSA) FinTech Collective to develop a talent pool skilled in infocomm technology (ICT) with a focus on financial technology (fintech).

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Trendlines ties up with National Healthcare Group to develop solutions for clinical needs
TRENDLINES Group is tying up with National Healthcare Group (NHG) to identify unmet clinical needs and develop technological solutions for these, with the eventual possibility of setting up startups to commercialise these solutions.

The STI Today

Singapore shares close 0.8% lower
SHARES in the local bourse closed lower for the fifth consecutive day with the key Straits Times Index losing 27.4 points or 0.8 per cent to finish at 3,341.3 on Thursday.