Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No Its purpose-built student accommodation and aged care businesses remained stable. Local media and property group Singapore Press Holdings (SPH) has revealed that its print advertisement revenue fell 36% YoY whilst its digital advertisement revenue dropped 8.1% YoY, cushioned by the group’s 45.6% YoY growth in digital circulation revenue. The statistics were announced in the group’s Q1 FY2021 business update. read more

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No This is due to an increase in community cases of COVID-19. Amidst a rise in COVID-19 community cases in Singapore, the Ministry of Trade and Industry (MTI) and the Ministry of Home Affairs (MHA) have paused the reopening of nightclubs and karaoke outlets as these have been classified as high-risk settings. “We have seen an increase in the number of community cases in Singapore recently, of which some cases are currently unlinked and under investigation,” the ministries said in a joint statement. read more

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No There have been 38% committed occupancy to date. CapitaLand’s CapitaSpring has now topped out, with about 75% of the construction completed, and is set to receive a temporary occupation permit by H2 this year, the company announced. The 51-storey integrated development, located in the heart of Raffles Place central business district, has committed 38% of its net lettable area. It is set to achieve over 60% commitments upon completion, including the 22% advanced lease negotiations. read more