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Daily Debrief: What Happened Today
Rentals for private condos and apartments in Singapore fell 0.2 per cent, while HDB rents fell 0.8 per cent in June from the previous month, with volumes continuing to decline as well, according to flash estimates released by real estate portal SRX Property on Wednesday.
Owners at the freehold, 12-unit development at Mt Sophia could receive between S$2.69 million and S$3.4 million.
Oxley Holdings executive director and deputy CEO Eric Low See Ching has purchased a total of 2.5 million company shares on the open market for a total of S$872,803, according to company announcements on Tuesday and Wednesday.
Singapore has moved up two spots to place fifth in this year's Global Innovation Index, while remaining top of the list among countries in South-east Asia, East Asia and Oceania.
The Land Transport Authority (LTA), which announced this on Wednesday, said that the buses will also include a passenger information display system, which will provide information such as upcoming stops.
The STI today
Singapore shares closed lower on Wednesday, with the Straits Times Index down 0.8 per cent or 25.75 points to 3,249.08 as Asian markets were rattled following the Trump administration's announcement of plans to impose 10 per cent tariffs on a new list of Chinese imports worth US$200 billion.