Daily Briefing: District 21 GCB put up for auction at $23m; Personalised skincare startup Yours scores $4.83m seed funding

10 Oct 2019 - Singapore Business Review
And Golden Gate Ventures leads the pre-Series A round of an Indonesian workforce startup. From PropertyGuru: A good class bungalow (GCB) in District 21 will once again be put up for public auction by its owner on 16 October at Amara Hotel, Level 3, with the guide price unchanged at $23m, reported Knight ...

Chart of the Day: Check out the price range of condos sold in OCR in Q2

2 Oct 2019 - Singapore Business Review
Units priced between $1m to $1.5m comprised the bulk of sales. This chart from OrangeTee & Tie shows that majority of homes bought in the Outer Central Region (OCR) were priced at $1m and above. In the second quarter, 60% of condos were sold at $1m and above, whilst 3.7% were above $2m. About 0.3% of ...

Chart of the Day: Average selling price of OCR homes hit $1,433 psf in Q2

30 Sep 2019 - Singapore Business Review
Treasure at Tampines sold 168 units. This chart from OrangeTee & Tie shows that the average selling price of new homes in OCR increased to $1,433 psf from $1,399 in the previous quarter. For resale homes, the average selling price held steady at $1,055 psf in Q2. The best-selling new projects in the ...

MCT to acquire Mapletree Business City Phase II for $1.55b

27 Sep 2019 - Singapore Business Review
It will increase MCT’s DPU by 4%. Mapletree Commercial Trust (MCT) has proposed to acquire Mapletree Business City Phase 2 (MBC II) at Pasir Panjang Road from Heliconia Realty, a subsidiary of Mapletree Investments, for $1.55b, an announcement revealed. Also read: Mapletree Commercial Trust joins the ...
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Mapletree Commercial Trust joins the Straits Times Index

25 Sep 2019 - Singapore Business Review
There are now four REITs in the STI. Mapletree Commercial Trust (MCT) has officially joined the Straits Times Index (STI) with a weighting of 1.5%, announced Singapore Exchange (SGX). This brings the number of REITs in STI to four, along with Ascendas REIT, CapitaLand Mall Trust and CapitaLand Commercial ...
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Daily Briefing: Carro invests $41.32m in Malaysian car bidding platform; Government mulls setting fixed price for GSW public housing

20 Sep 2019 - Singapore Business Review
And Grand Prix organisers are stocking up on face masks against haze. From e27: Carro, a wholesale automotive marketplace headquartered in Singapore, has invested $41.32m (US$30m) in Malaysia-based car bidding platform myTukar, according to an announcement With this investment, Carro’s technology will ...

Daily Briefing: Bali-style GCB to tender at $23m; Chemical separation tech firm SEPPURE secures $2.6m seed fund

17 Sep 2019 - Singapore Business Review
And here’s how firms could tap into a fast-growing esports and gaming culture. From iCompareLoan: A Bali-resort-styled good class bungalow (GCB) in Kilburn Estate is up for auction at $23m, according to Knight Frank Singapore. Located at 18A Yarwood Avenue, the 999-year leasehold two-storey GCB has a ...

Daily Briefing: HDB rolls out AI system for construction worker safety; Jervois Road GCB for sale at $38.8m

16 Sep 2019 - Singapore Business Review
And MAS opens applications for bicentennial $20 notes. From Channel News Asia: The Housing and Development Board (HDB) has rolled out the use of artificial intelligence (AI) to enhance worker safety at its construction sites. This AI system will focus on two scenarios which are common causes of worksite ...

Malaysia In View projects positive outlook; sees innovation and collaboration as key

11 Sep 2019 - ACN Newswire
The Asia Video Industry Association (AVIA) welcomed over 150 delegates to its conference, Malaysia in View, on 3 September in Kuala Lumpur, for a full day of sessions with the best of both local and international players in Malaysia to discuss the state of the video industry here as it moves into the ...

Aptorum Group Announces the Development of Microbiome Drug Candidate Targeting Obesity and Repurposed Drug Candidates Targeting Neuroblastoma

10 Sep 2019 - ACN Newswire
Aptorum Group Limited (Nasdaq: APM) ("Aptorum Group"), a biopharmaceutical company focused on the development of novel therapeutics to address global unmet medical needs, announces the development of two preclinical drug candidates which target obesity and neuroblastoma, respectively.About CLS-1: Treatment ...