Daily Debrief: What Happened Today (Feb 11)

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Published Tue, Feb 11, 2025 · 06:30 PM

OrangeTee analysts expect HDB resale prices to rise 4 to 6 per cent and average around 1 to 1.5 per cent growth per quarter. PHOTO: BT FILE

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Temasek-backed Cuscaden to privatise Paragon Reit at S$0.98 per unit

TIMES Properties, a wholly-owned subsidiary of Cuscaden Peak Investments, is looking to take Paragon Real Estate Investment Trust private by way of a trust scheme of arrangement, for S$0.98 per unit.

HDB resale prices set to continue growth streak in 2025: report

RESALE prices of Housing and Development Board flats may continue rising in 2025, due to a limited supply of flats reaching their minimum occupation period.

HSBC buys stake in Singapore EV charging operator SP Mobility

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THE asset management arm of HSBC has acquired a stake in Singapore electric vehicle charging point operator SP Mobility.

Analysts raise target prices, dividend estimates on DBS, predicting higher valuation ahead

ANALYSTS have raised their target prices for DBS after the lender on Monday (Feb 10) posted full-year net profit that reached a record high.

Investors cautious ahead of Powell’s address, US inflation data; STI down 0.4%

SINGAPORE shares retreated from previous day’s rally to close lower on Tuesday, as investors stayed cautious ahead of market-moving messages from Federal Reserve chair Jerome Powell’s testimony and US inflation data.

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