Singapore Real Estate / Built Environment
URA launches three sale sites at Media Circle, Bayshore Road
The Urban Redevelopment Authority (URA) on Tuesday (Nov 26) released three residential land parcels under the second half of the 2024 Government Land Sales (GLS) programme.
https://www.businesstimes.com.sg/property/ura-launches-three-sale-sites-media-circle-bayshore-road
Singapore real estate players markedly more upbeat in Q3: NUS poll
Property sentiment among real estate honchos finally turned the corner in the third quarter of 2024, thanks to easing interest rates and a brighter economic outlook.
https://www.businesstimes.com.sg/property/singapore-real-estate-players-markedly-more-upbeat-q3-nus-poll
https://www.businesstimes.com.sg/property/rental-rates-remain-key-factor-influencing-industrial-space-location-choices-nus
More than 8,800 BTO flats completed in Tengah; residents move into homes in Garden district
More than 8,800 Housing Board flats in Tengah have been completed, comprising nearly 40 per cent of the 23,000 flats offered so far in the new town, the Housing Board said on Nov 26.
https://www.straitstimes.com/singapore/housing/more-than-8800-bto-flats-completed-in-tengah
https://www.zaobao.com.sg/realtime/singapore/story20241126-5403833
Singapore Economy
Singapore’s factory output growth down to 1.2% in October, misses expectations
Singapore’s factory output rose 1.2 per cent year on year (yoy) in October, a far more modest increase than in the previous month’s surprise jump, data from the Economic Development Board (EDB) showed on Tuesday (Nov 26).
https://www.businesstimes.com.sg/singapore/singapores-factory-output-growth-down-1-2-october-misses-expectations
https://www.straitstimes.com/business/economy/singapore-factory-output-rises-at-slower-pace-of-1-2-in-october
https://www.zaobao.com.sg/realtime/singapore/story20241126-5401403
Trump’s threatened tariffs pose a win-lose conundrum for Singapore
If Donald Trump’s intended tariffs dampen world trade, Singapore could be indirectly hurt – but the Republic also stands to gain from resulting supply chain shifts, said economists.
https://www.businesstimes.com.sg/singapore/trumps-threatened-tariffs-pose-win-lose-conundrum-singapore
Global Economy & Real Estate
US Fed minutes show officials prefer future rate cuts to be gradual
https://www.businesstimes.com.sg/international/us-fed-minutes-show-officials-prefer-future-rate-cuts-be-gradual
https://www.straitstimes.com/business/economy/us-fed-sees-interest-rates-coming-down-gradually-minutes-show
US consumer confidence rises to highest in more than a year
https://www.businesstimes.com.sg/international/us-consumer-confidence-rises-highest-more-year
US lawmakers warn Hong Kong becoming financial crime hub
https://www.businesstimes.com.sg/international/us-lawmakers-warn-hong-kong-becoming-financial-crime-hub
Why real estate stocks took a hit as developers cheered Trump
https://www.businesstimes.com.sg/property/why-real-estate-stocks-took-hit-developers-cheered-trump
US new home sales tumble to two-year low in October
https://www.businesstimes.com.sg/property/us-new-home-sales-tumble-two-year-low-october
US monthly house prices rise strongly in September
https://www.businesstimes.com.sg/property/us-monthly-house-prices-rise-strongly-september
Australia’s monthly CPI holds at 2.1% in October
https://www.businesstimes.com.sg/international/australias-monthly-cpi-holds-2-1-october
‘No one will win a trade war,’ China says after Trump tariff threat
https://www.businesstimes.com.sg/international/no-one-will-win-trade-war-china-says-after-trump-tariff-threat
Trump’s tariffs to push Hong Kong manufacturers to leave mainland China: experts
https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3288186/trumps-china-tariff-rise-push-hong-kong-manufacturers-leave-mainland-experts
Hong Kong to harness mainland counterparts’ expertise on ‘zoned’ projects: No 2 official
https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3288248/hong-kong-harness-mainland-counterparts-expertise-zoned-projects-no-2-official
Hong Kong buys 35% stake in Zhuhai airport for 4.3 billion yuan
https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3288233/hong-kong-buys-35-stake-zhuhai-airport-43-billion-yuan
Japan PM Ishiba calls on businesses to offer big wage rises next year
https://www.businesstimes.com.sg/international/japan-pm-ishiba-calls-businesses-offer-big-wage-rises-next-year
https://www.channelnewsasia.com/business/japan-pm-ishiba-calls-businesses-big-wage-rises-next-year-4770841
New Zealand GDP grew faster in March year, data revisions show
https://www.businesstimes.com.sg/international/new-zealand-gdp-grew-faster-march-year-data-revisions-show
South Korea eyes 14.3 trillion won in support for chipmakers in 2025
https://www.businesstimes.com.sg/international/south-korea-eyes-14-3-trillion-won-support-chipmakers-2025
Thailand’s exports beat forecast in October, to exceed 2024 target
https://www.businesstimes.com.sg/international/asean/thailands-exports-beat-forecast-october-exceed-2024-target
UK shop prices fall less sharply in November: survey
https://www.businesstimes.com.sg/international/uk-shop-prices-fall-less-sharply-november-survey
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