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The Leading Professional and Representative Body for the Real Estate Industry

DAILY NEWS

 

Daily News 28 March 2025 (Fri)

Singapore News / GE 2025

 

MAS seeks feedback on proposals giving retail investors access to private market assets

Retail investors in Singapore may soon be able to channel funds into private market assets, which have largely been the domain of richer individuals and the likes of pension and endowment funds.

https://www.businesstimes.com.sg/companies-markets/mas-seeks-feedback-proposals-giving-retail-investors-access-private-market-assets

https://www.straitstimes.com/business/banking/retail-investors-may-be-able-to-tap-private-market-assets-under-proposed-framework

https://www.channelnewsasia.com/singapore/mas-private-market-investment-fund-retail-investors-5027121

https://www.zaobao.com.sg/finance/singapore/story20250327-6080183

 

Singapore fund inflows surge 167% to S$7.6 billion for 2024: Morningstar

Total net inflows into Singapore-registered funds hit S$7.6 billion for 2024, a surge of 167 per cent from S$2.85 billion in 2023, according to a report by financial-services firm Morningstar on Thursday (Mar 27).

https://www.businesstimes.com.sg/companies-markets/singapore-fund-inflows-surge-167-s7-6-billion-2024-morningstar

https://www.straitstimes.com/business/singapore-fund-inflows-surge-167-to-7-6-billion-for-2024-morningstar

 

GE2025: Maximum spending in election campaign raised to S$5 per voter to account for inflation

Candidates in the upcoming general election can spend a maximum of S$5 for each registered voter, up from S$4 previously. This change is to account for inflation, the Elections Department (ELD) said on Thursday (Mar 27). The last time the limit was revised was in 2015.

https://www.businesstimes.com.sg/singapore/ge2025-maximum-spending-election-campaign-raised-s5-voter-account-inflation

https://www.straitstimes.com/singapore/politics/ge2025-maximum-spending-limit-in-election-campaign-raised-to-5-per-voter

https://www.channelnewsasia.com/singapore/ge2025-election-expenses-limit-increased-5027201

https://www.zaobao.com.sg/news/singapore/story20250327-6080371

 

GE2025: S’poreans can check names from March 28 in voter rolls based on new electoral boundaries

From March 28, Singaporeans who are eligible to vote in the upcoming general election can check their names in the voter rolls, which have been updated based on the new electoral boundaries. They can access the Registers of Electors either through the Elections Department (ELD) website by clicking on the “Voter Services” section, or logging in through Singpass and going to “My Profile”.

https://www.straitstimes.com/singapore/politics/ge2025-sporeans-can-check-names-from-march-28-in-voter-rolls-based-on-new-electoral-boundaries

https://www.channelnewsasia.com/singapore/ge2025-election-expenses-limit-increased-5027201

 

GE2025: Why Singapore’s high-flying bureaucrats are recruited into politics

In recent weeks, top ministry officials have resigned, fuelling speculation they could be fielded as potential candidates for the ruling People’s Action Party in the 2025 General Election.

https://www.channelnewsasia.com/singapore/ge2025-civil-servants-public-service-politics-candidates-pap-5015676

 

 

Business News

 

Keppel eyes better market valuation as it sheds ‘conglomerate discount’

From AI to ESG: Keppel CEO Loh Chin Hua’s take on the big trends

Global asset manager Keppel is eyeing a better valuation from the market, as the company sheds the “conglomerate discount” with its ongoing transformation, said chief executive Loh Chin Hua. “Keppel is no longer ascribed a conglomerate discount by most analysts covering us.

https://www.businesstimes.com.sg/companies-markets/keppel-eyes-better-market-valuation-it-sheds-conglomerate-discount

https://www.businesstimes.com.sg/companies-markets/ai-esg-keppel-ceo-loh-chin-huas-take-big-trends

 

KIT trustee-manager director to step down on Apr 15

The manager of Keppel Infrastructure Trust (KIT) announced that non-executive, independent director Mark Yeo will step down from his position immediately after its upcoming annual general meeting (AGM) on Apr 15.

https://www.businesstimes.com.sg/companies-markets/kit-trustee-manager-director-step-down-apr-15

 

Paragon Reit unitholders to vote on proposed privatisation on Apr 22

Unitholders will vote on the proposed privatisation of Paragon Reit in an extraordinary general meeting (EGM) and scheme meeting on Apr 22, the board said in a bourse filing on Thursday (Mar 27). If approved, unitholders will receive S$0.98 per unit from the offeror Times Properties.

https://www.businesstimes.com.sg/companies-markets/paragon-reit-unitholders-vote-proposed-privatisation-apr-22

https://www.straitstimes.com/business/companies-markets/paragon-reit-offer-is-fair-and-reasonable-says-independent-financial-adviser

 

 

Other News

 

Over 50.3 million travellers have used QR codes to clear Woodlands, Tuas checkpoints since March 2024: ICA

More than 50.3 million travellers have used QR code clearance to clear immigration without passports at Singapore’s land checkpoints since the system was rolled out in 2024.

https://www.straitstimes.com/singapore/over-50-3-million-travellers-used-qr-codes-to-clear-woodlands-tuas-checkpoints-since-march-2024-ica

https://www.zaobao.com.sg/news/singapore/story20250327-6080760

 

Travellers to Johor told to expect ‘very heavy’ checkpoint traffic over Hari Raya long weekend

Travellers to Johor over the coming Hari Raya Aidilfitri long weekend can expect “very heavy” traffic at both the Woodlands and Tuas land checkpoints, said the Immigration and Checkpoints Authority (ICA) on March 26.

https://www.straitstimes.com/singapore/travellers-to-johor-told-to-expect-very-heavy-checkpoint-traffic-over-hari-raya-long-weekend

 

 

Global Economy / Real Estate News

 

US economy grew 2.4% last quarter, faster than previous estimate

https://www.businesstimes.com.sg/international/us-economy-grew-2-4-last-quarter-faster-previous-estimate

 

US Fed official warns ‘inevitable’ tariffs boost inflation

https://www.businesstimes.com.sg/international/us-fed-official-warns-inevitable-tariffs-boost-inflation

https://www.straitstimes.com/business/economy/top-fed-official-warns-tariff-driven-inflation-boost-is-inevitable

 

Australian PM calls general election for May 3

https://www.businesstimes.com.sg/international/australian-pm-calls-general-election-may-3

https://www.straitstimes.com/asia/australianz/australia-pm-albanese-calls-national-election-for-may-3

https://www.channelnewsasia.com/world/australia-election-may-3-albanese-5029046

 

BlackRock sells Shanghai tower at 34% discount as it pulls back from China property

https://www.scmp.com/business/article/3304173/blackrock-sells-shanghai-tower-34-discount-it-pulls-back-china-property

 

China pauses new deals with Li Ka-shing family after Panama ports plan

https://www.businesstimes.com.sg/international/global/china-pauses-new-deals-li-ka-shing-family-after-panama-ports-plan

https://www.straitstimes.com/business/companies-markets/china-pauses-new-deals-with-li-ka-shing-family-after-panama-ports-plan

 

China’s industrial profits fall 0.3% in January to February

https://www.businesstimes.com.sg/international/global/chinas-industrial-profits-fall-0-3-january-february

 

Hong Kong February home prices fall for a third month

https://www.businesstimes.com.sg/property/hong-kong-february-home-prices-fall-third-month

https://www.scmp.com/business/article/3304094/hong-kongs-home-prices-fall-towards-decade-low-interest-rate-tariff-headwinds

 

Hong Kong lures investment firms Ardian, Arga seeking expansion

https://www.businesstimes.com.sg/companies-markets/banking-finance/hong-kong-lures-investment-firms-ardian-arga-seeking-expansion

https://www.straitstimes.com/business/hong-kong-lures-investment-firms-ardian-arga-seeking-expansion

 

New World seeks HK$15.6 billion loan pledging prized Hong Kong asset

https://www.businesstimes.com.sg/international/global/new-world-seeks-hk15-6-billion-loan-pledging-prized-hong-kong-asset

 

BOJ debated domestic price pressure, US risks at March meeting, summary shows

https://www.channelnewsasia.com/business/boj-debated-domestic-price-pressure-us-risks-march-meeting-summary-shows-5029426

 

Core inflation in Japan’s capital hits 2.4%, stays above BOJ’s target

https://www.businesstimes.com.sg/international/global/core-inflation-japans-capital-hits-2-4-stays-above-bojs-target

 

UK in ‘intensive’ talks to fend off US tariffs, Reeves says

https://www.businesstimes.com.sg/international/uk-intensive-talks-fend-us-tariffs-reeves-says

 

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Real Estate Developers’ Association of Singapore (REDAS) does not warrant the accuracy, adequacy or completeness of the information and expressly disclaims liability for errors or omissions therein. The content, accuracy, and opinions expressed are not investigated, verified, monitored, nor endorsed by REDAS. Every effort is taken to ensure that all information extracted is correct at the time of dissemination.

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