Property III

SI Research: Re-look At The Property Sector

Flash estimates released by the Urban Redevelopment Authority (URA) revealed that the price index for private residential property rose 0.5 percent in 3Q17, reversing four years of decline since 2013. New private home sales by developers for the first eight months of this year hit 8,391 units, exceeding the 7,972 units sold for the whole of last year.

Markets Stoked To Life With Record Peaks

Nonfarm payrolls report last Friday announced that US lost 33,000 jobs in September impacted by Hurricanes Harvey and Irma, but hourly wages rose 2.9 percent from a year earlier. Meanwhile, Fed minutes from its...
mlcoffee ST_15.06.2015_1516660213 / Alphonsus Chern //A coffee shop in Bukit Batok Street 11 has reportedly been sold for $31 million - a record price for a Housing Board coffee shop. The previous record was held by a coffee shop in Hougang Ave 4 that was sold for $23.88 million in 2013. Chinese evening daily Lianhe Wanbao reported that the Bukit Batok transaction was finalised last month. Photographed 15 June 2015. ##########Nil##########ALPHONSUS CHERN

SI Research: Kimly’s Lacklustre Performance Post-IPO

Kimly’s initial public offer (IPO) back in March 2017 was well-received by investors with total valid applications amounting to 1.4 billion new shares for 173.8 million shares offered (comprising 170 million placement shares and 3.8 million offer shares) and the offer was approximately 8.3 times over-subscribed.

SI Research: 3 Stocks With Insiders Buying

It is common belief that when key appointment holders or majority shareholders start to accumulate shares of their own companies, it is usually a strong indication that the company is doing well and its share p...

Optimism Returns Ending Losing Streak

Pursuant to the FOMC meetings held last week, Federal Reserve announced that it would start to unwind its balance sheet by $10 billion a month commencing in October. The central bank also kept interest rates un...

DJIA Sets New Record Despite Looming Uncertainties

North Korea’s nuclear test last week triggered a responsive global sell-off which saw the Dow Jones Industrial Average (DJIA) pulling back 1.1 percent within a single day on 5 September. Nevertheless, the US be...