In 2025, total new private home sales (excluding ECs) reached 10,821 units, up 67.3% year-on-year from 6,469 units in 2024 — the highest level since 2021.At the same time, residential prices continued to edge higher. For the full year, prices rose by approximately 3.4% — not an aggressive surge, but clearly maintaining an upward trend.New home transactions surged, but the more tradable opportunity could be in REITs.For investors: the opportunity is trading REITs?Strong home sales do not mean investors need to buy physical property.For stock market participants, S-REITs offer a more liquid and flexible way to express a view on property fundamentals while trading interest-rate expectations and cash-flow re-rating.The key takeaway from the housing rebound is not price momentum, but: demand re
Under normal circumstances, the trend of stock market determines the direction of the individual stock. To be more specific, 3 of the 4 stocks follow the direction of the market. In addition, the trend of the broad index is also consistent. For example, if small-cap stocks rise, the Nasdaq and larger-cap stocks also rise.With this in mind, the U.S. stock market in 2023 is very special, with serious differentiation. Most major stock indexes are still up year-to-date, but 60% of stocks are trading below their 200-day moving average. $iShares Russell 2000 ETF(IWM)$ fell 0.5%, while the $SPDR S&P 500 ETF Trust(SPY)$ rose 8% over the same period, while the tech-heavy $In
Under SEC regulations, fund managers with assets under management exceeding $100 million are required to file a document known as "Form 13F" within 45 days of each quarter's end, disclosing their holdings in stocks and bonds.Recently, major institutions have released their position data. Based on the 13F holdings data, do you know which stocks the institutions purchased in Q1?The following chart presents the top 20 holdings of institutional investors:Ticker# Shareholding institutions#Institutions QoQ (%)Market value of institutional holdings ($M) $Microsoft(MSFT)$ 3,8000.81,009,842.09 $Apple(AAPL)$ 3,7190.46978,148.19 $Amazon.com(AMZN)$ 3,328-0.3424,312.75
As a melting pot of cultures and influences, it is natural to wonder about Singaporeans' preferences when it comes to alcohol.When it comes to the most popular types of alcohol in Singapore, beer tends to top the list. The local beer market offers a wide range of options, including international brands as well as local brews.International brands like Tiger Beer, Heineken, and Guinness have a strong presence and are commonly enjoyed by locals.Singapore also boasts its own homegrown alcohol brands, such as Tiger Beer and Singapore Sling, which hold a special place in the hearts of Singaporeans.While beer holds a prominent position, Singaporeans also have an affinity for other types of alcohol, such as wine and spirits. As for spirits, popular choices include whiskey, gin, and vodka.&nbs