Office rents in Singapore’s central region rose 2.1 per cent in the third quarter of 2022 over the preceding quarter, after increasing 2.4 per cent quarter-on-quarter in Q2 2022. Urban Redevelopment Authority’s (URA) data released on Friday (Oct 28) also showed that the price index for office space in the central region fell 2.7 per […]
Read MoreRESALE prices of public housing flats climbed for the tenth consecutive quarter in the third quarter of 2022, up 2.6 per cent from the previous quarter, but slightly slower than Q2’s 2.8 per cent rise. The slower growth seen in Q3 shows the public housing market is starting to feel the effects of rising interest […]
Read MorePRIVATE home prices in Singapore grew by 3.8 per cent in Q3 2022, accelerating from 3.5 per cent in Q2 and higher than the 3.4 per cent flash estimate by the Urban Redevelopment Authority (URA) earlier this month. Between January and September, prices of private homes expanded by 8.2 per cent, highlighted Leonard Tay, head of […]
Read MoreSINGAPORE: Asia may be heading for a reordering of sorts in cryptocurrency markets, with Hong Kong moving to legalize retail trading of digital tokens just as Singapore looks to impose fresh restrictions on consumers. Speaking in an interview with Bloomberg Television, Singapore’s central bank chief Ravi Menon had a clear message for other financial centers looking to […]
Read MoreSINGAPORE’S core inflation is expected to be driven more by domestic inflation than external pressures in 2023, with inflation slowing but staying high over the course of the year, according to the Monetary Authority of Singapore’s (MAS) latest macroeconomic review on Thursday (Oct 27). Domestic inflation is likely to persist at elevated rates for some […]
Read MoreSINGAPORE’S economic growth is expected to slow to a pace that is “below trend” next year, weighed down by key external-facing sectors such as manufacturing and financial services, the Monetary Authority of Singapore (MAS) said in its half-yearly macroeconomic review on Thursday (Oct 27). Meanwhile, the global economy is in a “precarious” state with growth […]
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