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Real Estate Daily News

26 Nov 2019 (Tue)
2019

Singapore Real Estate

Singapore boosts training for 'smart estates' of the future
SkillsFuture Singapore (SSG) and the Infocomm Media Development Authority (IMDA) will partner CapitaLand, CPG Corporation and EM Services to redesign jobs and skills to support Singapore's "smart estates" ecosystem.  Smart estates refer to estates that leverage smart technologies to enrich the lives of the community. These could include artificial intelligence, augmented and virtual reality (AR/VR) and even…
https://www.businesstimes.com.sg/government-economy/singapore-boosts-training-for-smart-estates-of-the-future
https://www.straitstimes.com/business/economy/new-scheme-to-offer-training-on-smart-estates

Victory Point at Balestier up for sale at S$14.7m guide price
Victory Point, comprising a two-storey conservation shophouse with an attic and a six-storey rear apartment block, has been launched for sale at an indicative price of S$14.7 million.  The indicative price for the mixed-use development, held under a single title, translates to about S$1,390 per square foot (psf) based on the estimated gross floor area (GFA) of 10,609 square feet (sq ft), marketing agent JLL said on…
https://www.businesstimes.com.sg/real-estate/victory-point-at-balestier-up-for-sale-at-s147m-guide-price
https://www.straitstimes.com/business/property/balestier-shophouse-apartment-block-on-sale

 

Singapore Economy

Core inflation eases to 3-year low of 0.6%
Core inflation last month cooled to 0.6 per cent, the lowest in more than three years, according to data released yesterday.  The last time it fell to the same level was in March 2016.
https://www.straitstimes.com/business/core-inflation-eases-to-3-year-low-of-06
https://www.businesstimes.com.sg/infographics/headline-core-inflation-ease-in-oct
https://www.channelnewsasia.com/news/singapore/singapore-headline-inflation-eases-to-0-4-in-october-12123112

Can Singapore become a second home for Chinese tech?
The arrival of Chinese tech firms in Singapore is more of a trickle than a flood, based on industry professionals' observations of the scene.  But Singapore will retain an allure for these Chinese companies, given its location and other qualities, industry watchers told The Business Times.
https://www.businesstimes.com.sg/government-economy/can-singapore-become-a-second-home-for-chinese-tech

 

Global Economy & Global Real Estate

Retail mall foot traffic picks up ahead of Thanksgiving
https://www.businesstimes.com.sg/real-estate/retail-mall-foot-traffic-picks-up-ahead-of-thanksgiving

As US malls struggle, thriving ones spend millions to reinvent themselves
https://www.businesstimes.com.sg/real-estate/as-us-malls-struggle-thriving-ones-spend-millions-to-reinvent-themselves

The US suburban office park, an aging relic, seeks a comeback
https://www.businesstimes.com.sg/real-estate/the-us-suburban-office-park-an-aging-relic-seeks-a-comeback

China's house price growth to hit five-year low in 2020
https://www.businesstimes.com.sg/real-estate/chinas-house-price-growth-to-hit-five-year-low-in-2020

IMF cuts Japan's 2019 GDP forecast again to 0.8%
https://www.businesstimes.com.sg/government-economy/imf-cuts-japans-2019-gdp-forecast-again-to-08

Expo 2020 unlikely to stop Dubai real estate market's downward trajectory
https://www.businesstimes.com.sg/real-estate/expo-2020-unlikely-to-stop-dubai-real-estate-markets-downward-trajectory

Germany on track for Q4 growth as business morale edges up: Ifo
https://www.businesstimes.com.sg/government-economy/germany-on-track-for-q4-growth-as-business-morale-edges-up-ifo

 

Additional Articles of Interests - Local & Overseas Real Estate

Local & Overseas Real Estate - Full Article
http://www.asiaone.com/business
http://www.btinvest.com.sg/property
http://www.stproperty.sg/articles-property/singapore-property-news/c/11

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