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- Singapore luxury home sales grow 44.6%
Singapore luxury home sales grow 44.6%
Also, Singapore hedge fund benefits from geopolitical volatility
Anand Srinivasan
June 04, 2025
“Don’t worry about failure; you only have to be right once.”: Drew Houston, Co-Founder and CEO of Dropbox
Today’s Top Stories:
Singapore luxury home sales grow 44.6% in Q1
Singapore hedge fund benefits from geopolitical volatility
FairPrice introduces ‘Store of Tomorrow’ in Singapore
Singapore luxury home sales rebound 44.6% QoQ in Q1
143 private homes priced above $5 million sold in Q1, 2025
88 are non-landed homes, and 55 are landed
119 units were resale, 23 are new-sale, and 1 is a sub-sale
17 units are super-luxury priced $10m or more
Singapore hedge fund benefits from geopolitical volatility
Arrowpoint grew assets by 3% in May “by exploiting market dislocations”
By comparison, multi-strategy hedge funds were on average flat in April
Arrowpoint is a US$1.1 billion fund and backed by Blackstone, CPP Investments, and Temasek’s Seviora
FairPrice introduces ‘Store of Tomorrow’ in Singapore
Expected to rollout at Punggol Digital District in Q3, 2025
Smart Cart - built-in displays for navigation, real-time promotions, product recommendations, and self-checkout
Vision AI - uses CCTV and video analytics to identify empty shelves, long queues, or spills
Grocer Genie - AI-powered staff portal
20 such innovations including biometric payment, link palm scans to their mobile numbers, etc.
Chart of the day
Source: LSEG
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