Chart of the Day
Singapore's share of DDoS attacks in APAC climbs to 11%
It holds the fourth-highest share of DDoS attacks in APAC.
Singapore's share of DDoS attacks in APAC climbs to 11%
It holds the fourth-highest share of DDoS attacks in APAC.
Deal activity in Singapore drops 15% YoY in the first 4 months of 2024
Deal activity also dropped across APAC.
Cyber attacks on Singapore production data among highest in SEA
Three in 10 companies hit by cyber attacks reported that their production data was targeted.
Deepfake fears grip 8 in 10 consumers
Only 7% of Singaporeans, however, have encountered deepfake.
Warehouse occupancy and rents to fall amid increased supply
In 1Q24, rents rose 2.0% QoQ, whilst occupancy fell to 91.1%.
Softer demand to slow rental and price growth for factories
In 1Q24, rental indices saw single-digit increases.
Business park rents grow 2.1% in 1Q24
Rents, however, may soften amidst elevated vacancies.
Singaporeans opt for gifts and outings on Mother's Day
Four in 10 picked gift-giving as an ideal way to mark the special day.
Million-dollar resale flat transactions rise 11% MoM in April
The priciest HDB resale was a 5-room in Lorong 1A Toa Payoh.
Singapore leads APAC in attracting cross-border capital
Overseas investments made up 45.6% of Singapore's capital in 1Q24.
GCB market stagnates with only 5 sales in 1Q24
The value of transacted GCBs also fell 10.6% QoQ.
Mortgagee listings fall 29% QoQ to 22 in 1Q24
The residential sector accounted for the majority of the listings
Auction listings drop 9.1% QoQ in 1Q24
There were 90 listings in the first quarter of 2024.
Industrial space rentals climb 1.7% QoQ in 1Q24
Year-on-year, it rose 7.8%.
Expert forecasts continued rise in prime office rents
In 1Q24, Singapore recorded a 3.4% YoY uptick in occupancy cost.
Incoming PM Wong garners broad confidence across all age groups
Gen Zs (41%) and Baby Boomers (43%) hold high expectations for Wong.
2 in 3 Gen Z firms on remote work requirement
The sentiment extends across all age groups.