Singapore Real Estate / Built Environment
New private home prices may rise as developers seek to avoid risks of en bloc sales: Analysts
Many residents at The Tanamera condominium are weary of en blocs after three failed attempts without any breakthrough. A consensus has been tough to reach, given the various needs of unit owners there.
New Mandai mangrove and mudflat nature park, enhanced Bukit Batok nature corridor await from 2028
Nature lovers will have a new place to spot migratory shorebirds and get to explore enhanced trails at a refreshed nature corridor from 2028. The Mandai Mangrove and Mudflat Nature Park – a 72.8ha nature park located about 3km to the east of Sungei Buloh Wetland Reserve – will feature coastal trails and bird hides that allow visitors to observe migratory birds, such as common greenshanks and Pacific golden plovers, without disturbing them.
https://www.zaobao.com.sg/news/singapore/story20250122-5769169
https://www.zaobao.com.sg/news/singapore/story20250122-5768893
Property agent numbers in Singapore hit record high of over 36,000
The number of property agents in Singapore has reached an all-time high, continuing a steady growth streak since 2017. As of Jan 1, there were 36,058 registered agents, up from 35,251 a year earlier, according to the latest figures from the Council for Estate Agencies (CEA).
https://www.channelnewsasia.com/singapore/property-agent-number-singapore-36000-record-high-4889126
Singapore News
New SkillsFuture portal for jobseekers to identify top skills, potential career transitions
Jobseekers can find out about the top skills needed for various job roles – and potential career transition pathways – in a new one-stop online portal by SkillsFuture Singapore (SSG).
SBF launches road map to help trade associations and chambers boost capabilities
Trade associations and chambers (TACs) must transform themselves in order to better serve Singapore’s small and medium-sized enterprises (SMEs) amid a changing business landscape, said the Singapore Business Federation (SBF) on Wednesday (Jan 22).
Passenger traffic at Changi Airport in 2024 nears pre-pandemic level; China reclaims top market status
About 67.7 million passenger movements were recorded at Changi Airport in 2024, less than 1 per cent below the pre-pandemic level of 68.3 million, even as mainland China reclaimed its top market status.
Business News
Ascott bags 16 new signings under Oakwood portfolio to tap growing ‘bleisure’ market
Ascott, the wholly owned lodging business unit of CapitaLand Investment : 9CI 0%, has secured 16 new signings under the Oakwood brand in 2024, up 30 per cent from the previous year.
Frasers Centrepoint Trust posts 99.5% retail portfolio occupancy for Q1
Frasers Centrepoint Trust (FCT) : J69U -1.86% posted a committed occupancy of 99.5 per cent for its retail portfolio for the first quarter of its financial year ending Sep 30, 2025.
Mapletree Industrial Trust posts 1.5% rise in Q3 DPU to S$0.0341
The distribution per unit (DPU) for Mapletree Industrial Trust rose 1.5 per cent to S$0.0341 for its third quarter ended Dec 31, 2024, from S$0.0336 in the prior year.
Global Economy & Real Estate
Trump eyes 10% punitive duty on China from Feb 1, vows to hit EU with tariffs
Trump’s tariff threats are ‘leverage,’ says informal economic advisor
Amazon exits Quebec operations, to cut about 1,700 jobs; Ottawa unhappy
China vows to defend ‘interests’ against Trump tariff threats
China’s luxury sales see biggest drop in a decade amid economic slowdown
ECB policymakers line up behind further interest rate cuts
Trump tariffs would be bad news for Hong Kong’s biggest exports to US: experts
More Hong Kong home buyers may forfeit their purchase deposits amid high rates, agents say
Hong Kong’s ombudsman urges more legal action over public housing abuse
Li Ka-Shing’s port firm ‘committed’ to Panama amid Trump threats
Hong Kong urged to crack down on unlicensed tour guides from mainland China
Indonesian resources exporters want adjustments on new foreign exchange retention rule
Indonesia’s Prabowo to spend US$3 billion on new capital city through 2029
Japan exports rise 2.8% in Dec, beat forecasts
https://www.channelnewsasia.com/business/japan-exports-rise-28-dec-beat-forecasts-4890806
https://www.businesstimes.com.sg/international/japan-exports-rise-2-8-december-beat-forecasts
https://www.straitstimes.com/business/economy/japans-exports-rise-as-world-awaits-trump-tariffs
Luxury, hotel stocks are all the rage as tourists flock to Japan
No home, no insurance: The double hit from Los Angeles fires
https://www.businesstimes.com.sg/property/no-home-no-insurance-double-hit-los-angeles-fires
New Zealand inflation unexpectedly held at 2.2% last quarter
New Zealand will relax rules to woo foreign investment, PM says
South Korea’s economy barely grows in Q4 amid political chaos
Thailand’s region-topping household debt ‘a financial illness’, cure will be painful: Analysts
Thailand’s visa waiver for Chinese tourists under fire after string of crimes
UK budget deficit soars on debt costs in setback for Reeves
https://www.businesstimes.com.sg/international/uk-budget-deficit-soars-debt-costs-setback-reeves
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