Singapore Real Estate
Singapore condo resale prices down slightly in November: SRX
Resale prices for non-landed private residential properties in Singapore dipped slightly in November after two straight months of increase. Sales volumes also declined, according to flash figures from real estate portal SRX Property on Tuesday. Condominium resale prices fell 0.1 per cent in November from the previous month, compared with a 0.8 per cent rise in October. Volumes, meanwhile, fell 7.2 per cent…
https://www.businesstimes.com.sg/real-estate/singapore-condo-resale-prices-down-slightly-in-november-srx
https://www.straitstimes.com/business/property/condo-resale-prices-dip-in-november
Chase for yields sends S-Reits on a bull ride this year
It has been such a good year for Singapore real estate investment trusts (S-Reits) that some are wondering if their upside will last much longer. Several brokerages have shifted from their “buy” calls earlier this year. CGS-CIMB downgraded the sector to “neutral” in its Nov 19 report, citing diminishing prospects after the US Federal Reserve signalled a potential end to further rate cuts; UBS in its 2020 outlook described S-Reits…
https://www.businesstimes.com.sg/companies-markets/chase-for-yields-sends-s-reits-on-a-bull-ride-this-year
Companies’ Brief
Managers of 3 Mapletree trusts reshuffle boards
The managers of Mapletree Commercial Trust (MCT), Mapletree North Asia Commercial Trust (MNACT) and Mapletree Industrial Trust (MIT) have separately announced on Tuesday night changes to their boards of directors with new appointments and resignations to take effect from Dec 15. MCT and MNACT have each appointed two new board members, while a non-executive director has resigned. MIT has appointed…
https://www.businesstimes.com.sg/companies-markets/managers-of-3-mapletree-trusts-reshuffle-boards
Keppel DC Reit to pay up to S$56.6m for data centre’s additional core M&E costs
Keppel DC Reit will pay up to S$56.6 million to fund installation costs of additional core mechanical and electrical systems (M&E) for levels two and three of its DC1 data centre located at 18 Riverside Road. This was after it entered into a supplemental deed with master lessee 1-Net Singapore through subsidiary Datacentre One, Keppel DC Reit’s manager said on Tuesday in a regulatory update.
https://www.businesstimes.com.sg/companies-markets/keppel-dc-reit-to-pay-up-to-s566m-for-data-centres-additional-core-me-costs
https://www.straitstimes.com/business/companies-markets/singapore-stock-watch-keppel-dc-reit-to-spend-566m-more-on-work-for
Global Economy & Global Real Estate
Top hotels sued for ‘industry-wide failures’ to prevent US sex trafficking
https://www.businesstimes.com.sg/real-estate/top-hotels-sued-for-industry-wide-failures-to-prevent-us-sex-trafficking
WeWork’s Adam Neumann eyes potential sale of Gramercy penthouse
https://www.businesstimes.com.sg/real-estate/wework%E2%80%99s-adam-neumann-eyes-potential-sale-of-gramercy-penthouse
ADB cuts growth forecasts for China, developing Asia as trade war bites
https://www.straitstimes.com/business/economy/adb-cuts-growth-forecasts-for-china-developing-asia-as-trade-war-bites
China’s consumer inflation hits eight-year high
https://www.businesstimes.com.sg/government-economy/chinas-consumer-inflation-hits-eight-year-high
https://www.straitstimes.com/business/economy/china-inflation-fastest-since-2012-on-surging-pork-prices
Macau’s bad year isn’t just a blip as big Chinese gamblers flee
https://www.businesstimes.com.sg/real-estate/macau%E2%80%99s-bad-year-isn%E2%80%99t-just-a-blip-as-big-chinese-gamblers-flee
https://www.straitstimes.com/business/companies-markets/macau-casinos-under-threat-as-s-e-asia-lures-high-rollers
Living the dream: the commoners who bought a French castle
https://www.businesstimes.com.sg/real-estate/living-the-dream-the-commoners-who-bought-a-french-castle
Berlin builders to hit the streets in backlash over rent freeze
https://www.businesstimes.com.sg/real-estate/berlin-builders-to-hit-the-streets-in-backlash-over-rent-freeze
Additional Articles of Interests – Local & Overseas Real Estate
Local & Overseas Real Estate – Full Article
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http://www.btinvest.com.sg/property
http://www.stproperty.sg/articles-property/singapore-property-news/c/11