Daily Industry News Update (4 August 2022)

MIDF remains ‘neutral’ on the property sector, on the expectation of further interest rate hikes

MIDF Research has maintained a “neutral” rating on the property sector on the expectation of further interest rate hikes, despite strong loan applications and approvals registered in June.

MRT3 seen to carry 180,300 passengers per day upon completion, up to 1.01m by 2060, says Wee

The Mass Rapid Transit 3 (MRT3), also known as the Circle Line, is expected to carry 180,300 passengers per day when it is completed, said Transport Minister