Chart of the Day
Support for bans on plastic items strong across various age groups
Most (53%) support banning drinking straws,
Support for bans on plastic items strong across various age groups
Most (53%) support banning drinking straws,
Singapore’s 1Q24 deals plummet 21.1% YoY
In the whole of APAC, deal volume declined by 12.2% YoY.
Private home sales struggle, down 5.3% in first quarter
Year-on-year. Sales dropped 3.1%.
Property prospects mixed amidst rising supply
The office market will see a higher supply with a pipeline of 4.76 million square feet.
Stagnant growth plagues Singapore's workspace market
Demand only grew 1% since 2019.
Residential sector dominates 1Q24 investment with $1.79B
The sector's investment sales, however, dropped 48.5% QoQ.
Remote, hybrid work strains manager ties
One in four workers has a poor relationship with their managers.
F&B silver lining in dampened retail leasing market
Leasing sentiment as of 1Q24 is hovering above 40%
Which sector received the most investments in Q124?
Shophouses mainly appealed to high-net-worth investors.
Colliers forecasts slight compression in Singapore's cap rates
Over the past three years, cap rates have remained relatively stable.
Singapore dominates SEA property investments in 2023
The country accounted for 77% of SEA's investment volume.
Contactless, mobile pay dethrone cash in Singapore
Five in 10 say cash is their least preferred payment method.
6 in 10 Singaporeans spend over $500 on first crypto buy
Monthly, crypto investors spend $500+ towards their portfolio.
Which industry has the most job vacancies?
Those that went into new job functions accounted for 24.4% of new positions.
COTD: SGD 2nd strongest recovering currency in the world
The strength of the SGD can be attributed to its sound economic health and prudent monetary policies.
Data breaches surge in Singapore over last two years
Singapore has a total record of 33,747,180 data breaches since 2004.
TikTok dominates SG market for cross-border shopping
A quarter of consumers prefer shopping on the platform.
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