The Leading Professional and Representative Body for the Real Estate Industry

The Leading Professional and Representative Body for the Real Estate Industry



Daily News – 23 June 2022 (Thu)

Singapore Real Estate 

Nine strata office units at The Central for sale at S$28m guide price
Nine contiguous strata office units on Level 17 of The Central at Clarke Quay have been put up for sale by expression of interest (EOI) at a guide price of S$28 million, the sole marketing agent JLL announced on Wednesday (Jun 22).

Buzz returns to Singapore’s central business district
Here are some figures reflecting the recent pick-up in activity in CBD precincts such as Tanjong Pagar, Raffles Place, City Hall, Cecil and Marina Bay.

Singapore Economy

MAS issues 3 crypto licence in-principle approvals, including to
Singapore has awarded 3 more in-principle approvals for its much-coveted digital payment token (DPT) licence, which allows companies to offer crypto services. The applicants were not named by the Monetary Authority of Singapore (MAS), though prominent crypto exchange later said in a statement that it was one of the awardees.

Ong Chong Tee to succeed Tan Ching Yee as Acra chairman starting Jul 1
With effect from Jul 1, deputy chairman Ong Chong Tee will become the Accounting and Corporate Regulatory Authority (Acra) board’s new chairman, succeeding outgoing chairman Tan Ching Yee, said the Ministry of Finance on Wednesday (Jun 22).

Views, Reviews, Forum and Others

A generation gap in ESG investing in Singapore
The proportion of Generation Z (Gen Z) investors holding sustainability investments is double that of investors from the Gen X and baby-boomers age group, a survey by asset management company Amundi and The Business Times (BT) has found.

Update on COVID-19 (Coronavirus Disease 2019) situation

With new Omicron wave on the way, Singapore must continue to keep its guard up
These days, daily life in Singapore certainly has the look and feel of the pre-pandemic era. While the donning of face masks is still mandatory indoors, almost every other restriction has been lifted.

Covid-19 spike in S’pore: Will the rules change? Are the Omicron subvariants dominant here?
Singapore is experiencing a spike in Covid-19 community infections that are largely driven by newer Omicron subvariants. ST answers some questions on what you need to know to be prepared.

Moderna says its updated vaccine protects against Omicron BA.4 or BA.5 subvariants
Singapore – Moderna released new results on Wednesday evening (June 22) showing that its updated Covid-19 booster vaccine targeting the Omicron variant protects well against the latest subvariants BA.4 and BA.5

People turn up for Covid-19 shots to guard against next wave
Singapore – While Covid-19 vaccination centres were not crowded on Wednesday (June 22), people who did turn up for their shots said that they did so in anticipation of the next wave of infections which could be around the corner.

*For more information, please visit the Ministry of Health (MOH) website at and refer to for updates on the COVID-19 (Coronavirus Disease 2019) situation


Global Economy & Global Real Estate

The world’s bubbliest housing markets are flashing warning signs

Citigroup economists see chance of global recession nearing 50%

Why the Fed is risking a recession

Powell says soft landing ‘very challenging’; US recession possible

Fed ‘strongly committed’ to bring down inflation ‘expeditiously,’ Powell says

JPMorgan lays off hundreds in mortgage business after rate surge

English home rental prices surge 9% in a year to hit record high

London homebuilder Berkeley Group plans to slow new land deals

UK eyes cuts to food tariffs in trade talks with Gulf nations

UK inflation hits new 40-year high of 9.1% in May, highest in G-7

Full Brexit yet to play out on British finance, lawmakers say

Australia’s economy seen growing slower as interest rates rise

China’s June home sales likely to rise sharply: private forecaster

China’s Sunac seeks second extension on onshore bond payment

Malaysia unveils Singapore-style aid to help poor beat inflation


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