Daily Debrief: What Happened Today

Published Thu, Oct 5, 2023 · 06:30 PM
    • Prime homes in emerging markets have seen net yields of up to 8 per cent, data from Cushman & Wakefield shows.
    • Prime homes in emerging markets have seen net yields of up to 8 per cent, data from Cushman & Wakefield shows. PHOTO: BT FILE

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    Singapore investors eyeing Asia-Pacific real estate for greater yields

    MORE Singapore investors are turning their eyes to residential real estate markets in the Asia-Pacific region as yields moderate in the city-state. In some other markets, it is the opposite – this is especially the case in emerging economies such as Indonesia and Thailand, where yields have risen up to 8 per cent. 


    Singapore retail sales growth rises to higher-than-expected 4% in August

    SINGAPORE’S retail sales rose 4 per cent on year in August, climbing from the revised 1.3 per cent growth recorded in July, Department of Statistics (Singstat) data showed on Thursday (Oct 5).


    HDB resale prices dip in September, breaking 6-month streak: SRX, 99.co

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    HOUSING and Development Board (HDB) flat resale prices booked a monthly decline for the first time since February.


    Tender for five vegetable farming sites launched to boost Singapore’s food resilience

    THE Singapore Food Agency (SFA) has launched for sale via public tender, five land plots in Lim Chu Kang and Sungei Tengah for vegetable farming.


    Mermaid Maritime units win projects worth US$485 million

    MERMAID Maritime’s subsidiaries in Thailand, the Middle East, the western sub-Sahara, and the United Kingdom have been awarded multiple projects valued at US$485 million in total.


    Singapore stocks rise with Wall Street rally; STI up 0.2%

    SINGAPORE shares rose on Thursday (Oct 5), reflecting US stock rallies as US Treasury yields fell.

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