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Real Estate Daily News

21 Sep 2022 (Wed)
2022

Singapore Real Estate

Property prices near new MRT stations on Cross Island Line expected to rise, higher en bloc potential: Analysts
Singapore: The completion of six more MRT stations on the Cross Island Line (CRL) will likely boost property prices in the areas and older condominiums may now have higher en bloc potential, say property analysts.
https://www.channelnewsasia.com/singapore/property-prices-near-mrt-stations-cross-island-line-phase-2-rise-en-bloc-potential-analysts-2951916 

Condo parking spaces, 2 industrial units to make way for Cross Island Line phase 2
Singapore - Eighteen carpark spaces at freehold condominium Casa Esperanza in Bukit Timah Road will be relocated, as the underground space below the carpark will be acquired for the construction of the Cross Island Line (CRL).
https://www.straitstimes.com/singapore/condo-parking-spaces-2-industrial-units-to-make-way-for-construction-of-cross-island-line-phase-two

'Flexibility is key': Why MNCs, government offices are turning to co-working spaces
Singapore: Ms Mildred Ang, who works at Klook Singapore, will sometimes head to a “hideout” at the co-working space where her company is based, for some alone time to think about “abstract stuff”.
https://www.channelnewsasia.com/singapore/co-working-space-wework-justco-iwg-office-space-2944271

 

 

Singapore Economy

Singapore, India to cooperate in new areas, including food and energy security: Lawrence Wong
Singapore: Singapore and India have agreed to cooperate in several new areas, ranging from food and energy security, green technology to digital connectivity, Deputy Prime Minister Lawrence Wong said on Tuesday (Sep 20).
https://www.channelnewsasia.com/singapore/singapore-india-cooperate-new-areas-food-energy-security-lawrence-wong-2952341

Gan Kim Yong to attend G20 ministerial meetings in Bali
Minister for Trade and Industry Gan Kim Yong will be in Bali from Sep 21 to 23 to attend ministerial meetings under the 2022 G20 Summit, the Ministry of Trade and Industry (MTI) announced on Tuesday (Sep 20).
https://www.businesstimes.com.sg/government-economy/gan-kim-yong-to-attend-g20-ministerial-meetings-in-bali

 

 

Global Economy & Global Real Estate

World leaders call for urgent action on food security
https://www.businesstimes.com.sg/government-economy/world-leaders-call-for-urgent-action-on-food-security

What comes next in the Fed’s fight against inflation?
https://www.businesstimes.com.sg/government-economy/what-comes-next-in-the-feds-fight-against-inflation

Federal Reserve opens policy meeting with steep rate hike on the table
https://www.businesstimes.com.sg/government-economy/federal-reserve-opens-policy-meeting-with-steep-rate-hike-on-the-table

Inflation still too high, Bank of Canada says amid softer data
https://www.businesstimes.com.sg/government-economy/inflation-still-too-high-bank-of-canada-says-amid-softer-data

ECB determined to stop inflation becoming ‘embedded’: Lagarde
https://www.businesstimes.com.sg/government-economy/ecb-determined-to-stop-inflation-becoming-embedded-lagarde

ADB cuts ‘developing Asia’ growth forecast as China lockdowns bite
https://www.businesstimes.com.sg/asean-business/adb-cuts-developing-asia-growth-forecast-as-china-lockdowns-bite
https://www.straitstimes.com/business/economy/adb-cuts-singapore-asia-growth-forecasts-as-china-lockdowns-bite

China mortgage boycotts grow as home buyers regroup online
https://www.businesstimes.com.sg/real-estate/china-mortgage-boycotts-grow-as-home-buyers-regroup-online

Covid-hit Shanghai unveils 1.8 trillion yuan in projects in infrastructure push
https://www.businesstimes.com.sg/government-economy/covid-hit-shanghai-unveils-18-trillion-yuan-in-projects-in-infrastructure-push

Japan’s inflation hits 31-year high, creating headaches for BOJ
https://www.businesstimes.com.sg/government-economy/japans-inflation-hits-31-year-high-creating-headaches-for-boj
https://www.straitstimes.com/business/economy/japans-inflation-hits-31-year-high-creating-headaches-for-boj

Japan's average land prices up for the first time since pre-pandemic
https://www.businesstimes.com.sg/real-estate/japans-average-land-prices-up-for-the-first-time-since-pre-pandemic

 

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