Million-dollar HDB resale flat deals on track for record as supply crunch bites, demand holds steady | Diverging fortunes in Singapore’s F&B scene as diners turn to cheaper options

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Breakfast Brief Friday, June 20, 2025 Million-dollar HDB resale flat deals on track for record as supply crunch bites, demand holds steady [SINGAPORE] Amid tight supply and steady demand for larger units, the proportion of Housing & Development Board (HDB) resale flats fetching at least S$1 million has… Diverging fortunes in Singapore's F&B scene as diners turn to cheaper options [SINGAPORE] Fortunes are diverging in the local dining scene, with restaurant takings on the decline but other food and beverage (F&B) outlets seeing some recovery,… SingPost puts up 10 HDB shophouses for S$50 million in sale-and-leaseback bid [SINGAPORE] National postal service provider Singapore Post (SingPost) has put up 10 Housing & Development Board (HDB) shophouses for sale and leaseback, The Business… DBS expects economic value from its use of AI to exceed S$1 billion in 2025 [SINGAPORE] Banks are ramping up their use of artificial intelligence (AI), and DBS – which has earned S$750 million through its use of the technology – estimates that… Prudential, AIA still offering pre-authorisation at Mount Elizabeth hospitals despite Great Eastern's shock move [SINGAPORE] Insurers in Singapore are not following Great Eastern's footsteps to suspend pre-authorisation certificates for admission into Mount Elizabeth Hospital and… BREAKING 07:06 AM ArcelorMittal drops plans for green steel in Germany due to high energy costs 07:00 AM Are we heading for a multi-currency world? 07:00 AM MOF says SRS withdrawal process 'can be improved'; to work with banks 07:00 AM Million-dollar HDB resale flat deals on track for record as supply crunch bites, demand holds steady 07:00 AM Turning Singapore into a productivity powerhouse with AI agents 06:59 AM Canada will 'adjust' counter tariffs on US metals if no deal in 30 days 06:51 AM Trump to make Iran war decision in 'next two weeks' 06:43 AM Lima's Maido named world's top restaurant by 50 Best 06:32 AM SpaceX Starship explodes on Texas launch pad 06:19 AM Oil prices up nearly 3% as Israel-Iran conflict escalates, US response remains uncertain 06:14 AM Europe: Shares dive as Middle East tensions, US involvement fears weigh 06:00 AM Tudor, Blancpain and Cartier give compact treatment to iconic watches 11:54 PM Trump says he signed executive order extending deadline for TikTok closing 11:17 PM Top Thai billionaires-backed groups win digital bank permits 11:03 PM Flaming yakitori at Firebird by Suetomi MORE BREAKING NEWS From eyelid surgeries to Botox: Aesthetic procedures that are leading the charge A global shift towards facial surgery Flaming yakitori at Firebird by Suetomi BT Short takes Wilmar Group: 11.8 trillion rupiah seized in palm-oil graft case Can budget airlines survive after Jetstar Asia's exit? Jeffrey Siow: Autonomous vehicles are going to be a game changer for us MORE VIDEOS Latest Podcasts BT Money Hacks: Inside Singapore's crypto boom Market Focus Daily: Thursday, June 19, 2025 WealthBT: Navigating a business sale MORE PODCASTS That's it for today's Breakfast Brief. Thank you for reading. You received this newsletter from someone? Sign up here to get daily updates right in your inbox. Other Good Reads Daily Debrief A round-up of all the important things that happened today. Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. ESG Insights An exclusive weekly report on the latest environmental, social and governance issues. MORE NEWSLETTERS If you want to unsubscribe from this mailing list, click here.