Singapore Real Estate / Built Environment
Supply crunch seen for Singapore Core CBD Grade A office market
Despite a seven-year high in islandwide new office completions in 2024 amid tempered leasing demand, the Singapore office market may be heading for a severe supply crunch in the Core Central Business District (CBD) Grade A segment.
https://www.businesstimes.com.sg/property/supply-crunch-seen-singapore-core-cbd-grade-office-market
Older buyers, smaller households among factors driving demand for smaller flats in Singapore
Singapore – When Mr Lim put his three-room HDB flat in Tampines on the market in September 2023 after it reached its minimum occupation period (MOP), he was not expecting the overwhelming interest it received.
Singapore Economy
Keeping Singapore economically relevant an important task for 4G leaders: Shanmugam
Singapore – Finding ways to keep Singapore economically relevant will be an important task for the country’s fourth-generation (4G) leaders in the coming years, Law and Home Affairs Minister K. Shanmugam said on Dec 29.
MAS chief Chia Der Jiun on crypto, AI and battling inflation
As the central bank of a leading global financial powerhouse, the Monetary Authority of Singapore’s (MAS) policy decisions can have a wide-ranging impact on the global economy and financial sector.
Singapore’s ‘election Budget’ expected to tackle cost of living with generous handouts
As the last Budget before Singapore’s next general election (GE), Budget 2025 could tip towards addressing immediate challenges such as the cost of living, said political watchers.
https://www.straitstimes.com/singapore/8-things-to-look-out-for-in-2025
Views, Reviews, Forum and Others
New Year countdowns: 800 officers, drones and AI will be deployed at Marina Bay, Sports Hub
The new year countdowns at Marina Bay and Singapore Sports Hub will see police deploy drones and tap artificial intelligence (AI) to manage the crowd, which is expected to swell to about 500,000 revellers.
https://www.zaobao.com.sg/realtime/singapore/story20241228-5656700
Singaporean buyers in legal dispute with Malaysian developer over ownership of Johor condo purchases
Singaporean Sebastian Tan bought a three-bedder condominium unit in Johor for about S$275,000 (US$184,000) several years ago, a price that some consider a bargain. But during a recent chat with a lawyer friend, he realised that he is not the legal owner of his purchased property.
Global Economy & Real Estate
US economy surprised again in 2024 despite Fed, election drama
Flood-soaked US homeowners face a costly choice: raise or raze
New US jobless claims slip, but people are remaining unemployed for longer
Goodman Group shines among Australian property firms on data-centre push
China says new housing metrics behind upward revision to 2023 GDP
China industrial profits set for steepest annual drop since 2000
Hong Kong banks may cut rate to record low 5% in 2025, benefiting property and economy
Bankers say Hong Kong’s new tax concessions to boost city’s status as family office hub
Leasing momentum, lower interest rates unlikely to rescue Hong Kong’s distressed office landlords
Hong Kong urban renewal body to test scheme in bid to boost tender process
Hong Kong home prices flat in November
https://www.businesstimes.com.sg/property/hong-kong-home-prices-flat-november
Japan government approves record Budget for ageing population, defence
Inflation in Japan’s capital accelerates, keeps rate hike prospects intact
Japan’s factory activity shrinks at slower pace: PMI
https://www.businesstimes.com.sg/international/japans-factory-activity-shrinks-slower-pace-pmi
Philippine central bank extends 2% to 4% inflation target through 2028
Thailand to implement global minimum corporate tax rate from Jan 1
Thai government suffers setback in bid to influence central bank
Elite UK Reit expands into the ‘living sector’, but still plays it safe
Vietnam PM seeks steps for double-digit GDP growth next year
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