pstrongAcross submarkets, OCR posted the highest year-on-year price increase./strong/p pCondo resale prices picked up in March, rising 5.0% YoY and 0.4% MoM, data from 99. co and SRX showed./p pAcross submarkets, the Outside Central Region (OCR) posted the highest year-on-year increase in prices at 7.
Condo resale prices picked up in March, rising 5.0% YoY and 0.4% MoM, data from 99. co and SRX showed.
Across submarkets, the Outside Central Region posted the highest year-on-year increase in prices at 7.1% YoY, followed by the Rest of Central Region and Core Central Region .Meanwhile, the highest transacted price in the RCR is a unit at Corals at Keppel Bay resold for $8.7m.Since you're here... ...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.Suntec REIT's distributable income dips 1.
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Lower private transport costs ease inflation to 2.7% YoY in MarchpstrongIn February, headline inflation was at 3.4 YoY./strong/p pThe rate of price increase slightly slowed to 2.7% YoY in March, data from the Department of Statistics (SingStat) showed./p pa href="https://sbr.com.sg/economy/in-focus/inflation-rises-34-yoy-in-february"In February, inflation was at 3.4%/a.
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Non-oil domestic exports fall 20.7% YoY in MarchpstrongThe decline in non-electronic NODX contributed largely to the drop. /strong/p pNon-oil domestic exports (NODX) contracted by 20.7% YoY and 8.4% MoM in March, extending thea href="https://sbr.com.sg/economy/news/non-oil-domestic-exports-slip-01-yoy-in-february" decline in February.
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Export decline not tied to global demand, says expertpstrongNon-oil domestic exports a href=" https://sbr.com.sg/economy/news/non-oil-domestic-exports-fall-207-yoy-in-march"fell 20.7% YoY in March.
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Condo rents see modest rise in March, up 0.3% MoMpstrongRents, however, fell 3.4% YoY./strong/p pCondo rents increased by 0.3% MoM, but dipped 3.4% YoY in March, data from 99.co and SRX showed./p pRents rose in the Core Central Region (CCR) and Rest of Central Region (RCR) by 0.3% MoM and 0.9% MoM, respectively.
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Suntec REIT's distributable income dips 1.1% YoY in 1Q24pstrongWith lower income, the REIT also reported a 1.8% dip in DPU./strong/p pSuntec REIT posted a 1.1% YoY lower distributable income to unitholders of $44m in 1Q24./p pThe REIT also recorded a 1.8% YoY drop in its distribution per unit (DPU) from operations to $0.01511.
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CapitaLand India Trust's net property income surges 18% YoY in 1Q24pstrongThe REIT attributed the increase to higher property income./strong/p pIncreased property income propelled CapitaLand India Trust's (CLINT) net property income (NPI) up 18% YoY in SGD terms and 19% YoY in Indian Rupee terms in 1Q24./p pBased on its latest financial statement, CLINT recorded an NPI of $49.4m (₹3.1b).
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