pstrongThe index revealed a robust average annual growth rate of 4.1% across 44 markets./strong/p pSingapore reported a 5% annual increase in prime residential prices in 1Q24, Knight Frank's Prime Global Cities Index revealed./p pThe index revealed a robust average annual growth rate of 4.1% across 44 markets, the highest since 3Q22.
Singapore reported a 5% annual increase in prime residential prices in 1Q24, Knight Frank's Prime Global Cities Index revealed.
Seventy-eight per cent of cities experience annual price growth, with only 19% seeing declines, notably less than a year ago. Manila leads with 26.2% annual growth, followed by Tokyo, Mumbai, and Delhi. Perth ranks fourth with 11.1% growth.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Delfi’s earnings drop 8.5% YoY as sales slump to $150.7m in 1Q24pstrongNet sales fell 5.3% YoY./strong/p pDelfi Limited saw its earnings before interest, taxes, depreciation and amortisation (EBITDA) decline by 8.5% YoY to US$23.3m in 1Q24 amidst lower net sales./p pThe mainboard-listed company’s net sales fell 5.3% YoY to US$150.7m.
Read more »
Business receipts of service industries up 10.5% YoY in 1Q24pstrongRecreation & Personal Services had the highest growth in revenue amongst industries./strong/p pBusiness receipts of the service industries, excluding Wholesale Trade, Retail Trade, Accommodation and Food Services, grew 10.5% YoY a href="https://sbr.com.
Read more »
First Resources sees 86.6% YoY profit jump in 1Q24pstrongSales growth drove the profit increase./strong/p pFirst Resources reported an 86.6% YoY increase in net profit to $48.7m (US$36.1m) in 1Q24./p pIn the same period, the company's EBITDA increased by 26.0% to $87.6m (US$69.4m) /p pThe company attributed its improved net profit and EBITDA to a 6.
Read more »
Golden Agri Resources net profit plunges 60% YoY to US$37m in 1Q24pstrongThe company's gross profit and EBITDA also declined./strong/p pGolden Agri Resources (GAR) recorded a net profit of $50m (US$37m) in 1Q24, a 60% drop from $124m (US$92m) in 1Q23./p pThe company's gross profit and EBITDA also declined in 1Q24, falling by 12% to $577m (US$427m) and 6% to $311.78m (US$231m), respectively.
Read more »
Private residential leases drop 2% YoY in 1Q24pstrongThe OCR bucked this trend and posted a 1.5% YoY increase in leasing contracts./strong/p pThe private residential leasing market contracted by 2% YoY in 1Q24, with only 19,680 leases inked during the period. The leases counted for the period excluding executive condominiums./p pSavills said the 1Q24 record is also 10.
Read more »
Higher revenue drives SBS profit up 7.5% YoY in 1Q24pstrongRevenue for the period was 6.6% YoY higher./strong/p pSBS Transit posted a 7.5% YoY higher profit after tax in 1Q24 of $17m, driven by higher revenue./p pRevenue for the period was $392.09m, 6.6% higher than the 1Q23 record of $367.93m.
Read more »