Daily Debrief: What Happened Today (Dec 27)

Paul Nah SC

Published Wed, Dec 27, 2023 · 06:30 PM
    • Industry watchers say rentals for private condominiums are expected to remain soft for the rest of the year, before potentially picking up in Q1 2024.
    • Industry watchers say rentals for private condominiums are expected to remain soft for the rest of the year, before potentially picking up in Q1 2024. PHOTO: BT FILE

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    Private leasing market slides further in November, HDB rents rebound: SRX, 99.co

    BASED on flash data from SRX and 99.co released on Wednesday (Dec 27), condo rental prices dropped 1.4 per cent from the previous month, led by a fall in rents in both the Core Central Region (CCR) and Rest of Central Region (RCR).


    Major carriers adopt different approaches to sailing through the Red Sea

    CMA CGM said a few of its vessels had recently made the transit through the Red Sea after the shipping line’s in-depth evaluation of the security landscape and crew’s safety.


    Industrial GLS for H1 2024 launched with 5 confirmed sites, 4 on reserve

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    MTI said the government will continue to release sufficient land through the Industrial Government Land Sales (IGLS) programme to ensure an adequate supply of industrial space in Singapore.


    Malaysian proptech startup LiveIn raises US$8.3 million for regional expansion

    THE funds will go towards expanding LiveIn’s operations in Thailand, as well as two new markets – Vietnam and Indonesia. 


    GLP Capital Partners sets up 3 billion yuan China income fund

    THE latest onshore income strategy increases the total domestic capital raised by the alternative asset manager in 2023 to over 16 billion yuan, the company said on Wednesday (Dec 27).

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