SINGAPORE – The number of new private homes sold in August jumped by 165 per cent from a year ago, according to Urban Redevelopment Authority (URA) data released on Friday (Sept 15). Developers sold 1,241 units last month, 773 units or 165 per cent more than the 468 new private homes moved in August last […]
Read MoreSINGAPORE’S overall unemployment rate held steady at 2.2 per cent in the second quarter, according to latest figures from the Ministry of Manpower (MOM). Quarter on quarter, the seasonally adjusted unemployment rate declined for residents from 3.2 per cent in March 2017 to 3.1 per cent in June 2017, and for citizens from 3.5 per […]
Read MoreSINGAPORE – Retail sales in Singapore continued to modestly improve with a slightly stronger-than-expected 1.8 per cent rise in July from a year ago, as the majority of categories enjoyed growth. Analysts polled by Bloomberg had tipped sales to rise by 1.7 per cent. July’s performance was slightly below the revised 2 per cent rise […]
Read MoreSINGAPORE – The resale market for condominiums shows signs of heating up, going by flash estimates from SRX Property on Tuesday (Sept 12) Resale prices of non-landed private homes in August rose 0.7 per cent month-on-month and 3.2 per cent from a year ago. They are now off just 4.3 per cent from their last […]
Read MoreBUSINESS sentiment for the fourth quarter of 2017 has moderated somewhat although it remains optimistic, according to the the latest survey by the Singapore Commercial Credit Bureau (SCCB). Its Business Optimism Index dropped from +3.58 percentage points in Q3 2017 to +2.60 percentage points in Q4 2017. Expectations for net profits have come down compared […]
Read MorePRIVATE-SECTOR economists have maintained their growth forecast for Singapore’s economy for 2017, said a quarterly survey released by the Monetary Authority of Singapore (MAS) on Wednesday. Those polled said that they expect the economy to grow 2.5 per cent this year, unchanged from their forecast in June. They also predicted that gross domestic product (GDP) […]
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