Daily Debrief: What Happened Today
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Singapore office rents bottom out in Q3, upward trajectory likely: Knight Frank, JLL
ACCORDING to Knight Frank's quarterly office market bulletin, prime-grade office rents in the Raffles Place/Marina Bay precinct grew for the first time since Q4 2019, with rents rising by 0.2 per cent quarter on quarter (qoq) to S$9.98 per square foot per month.
Hillview redevelopment site up for collective sale at S$106m indicative price
COMPRISING 14 contiguous terrace factories with a combined land area of 70,302 square feet, the site is zoned "residential" with an allowable gross plot ratio of 1.62.
US$2t in investments needed over next decade to green South-east Asia's infrastructure: report
THESE funds are needed for investments into infrastructure for renewable energy, energy-efficient buildings, greener transportation, the treatment of water and wastewater, rail networks, and the processing of waste.
Oceanus exits SGX watch list after nearly six years
THE seafood supplier said it had demonstrated profitability since the second quarter of 2020 and hit a record turnover and net profit in H1 2021.
Hatten Land agrees to operate 1,000 crypto mining rigs in Malaysia
THE property developer said the rigs, which will be built in phases from Q4 2021, would repurpose Hatten Land's existing retail mall infrastructure in Melaka for digital activities such as crypto mining and e-commerce.
Corporate earnings
The STI today
STI dips 0.11% amid investor jitters in the US
THE Straits Times Index (STI) fell 0.11 per cent or 3.38 points to 3,074.31.
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