Daily Debrief: What Happened Today
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Private home prices up 0.4% in Q4; 2022 notches up increase of 8.6%: URA
PRIVATE home prices in Singapore inched up by 0.4 per cent in the fourth quarter of 2022, higher than the 0.2 per cent flash estimate by the Urban Redevelopment Authority (URA) earlier this month, and after increasing by 3.8 per cent in the previous quarter.
Singapore central region office rents rise 5.1% in Q4, taking full-year increase to 11.7%
RENTALS of office space in Singapore’s central region rose 5.1 per cent in the fourth quarter of last year over the previous quarter. This is a bigger gain than the 2.1 per cent quarter-on-quarter (qoq) rise in Q3 2022.
Latest Singapore Savings Bond undersubscribed; 10-year average return at 2.97%
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THE latest Singapore Savings Bond (SSBs) allotted on Friday (Jan 27) attracted fewer applications than the amount offered, as the fiscal product’s 10-year average return fell below 3 per cent.
HDB resale price growth slows to 10.4% for 2022 as prices flatten, sales fall in Q4
THE red-hot housing market may finally be showing signs of cooling, say analysts, with resale prices of public housing flats flattening out and sales volume falling in the fourth quarter of 2022.
Tech layoffs’ missing humanity
WHEN tycoon Elon Musk completed his US$44 billion takeover of US-based social media giant Twitter in October, Paul knew that a mass layoff at the Singapore office was on the horizon. But the message that arrived in his personal e-mail on Nov 4 still came as a shock.
The STI today
Reits lead Singapore stocks higher on Friday; STI notches 4-day winning streak
SINGAPORE stocks rose for the fourth consecutive day on Friday (Jan 27), ending the week higher amid a broader rally across the region.
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