oversupply

REITs

Covid-19 fallout hits hospitality trusts, retail

While Eagle Hospitality Trust is the worst performer year-to-date, it is interesting that in the US, it is increasingly apparent that the supply of select-service hotels is rising while demand has not kept pace with supply.

Singapore economy

Property and banking sectors stable amid economic slowdown, but concerns remain, says MAS

SINGAPORE (Dec 2): The Financial Stability Review (FSR) released by the Monetary Authority of Singapore on Nov 28 highlights the risk of an economic slowdown, but this has not caused systemic problems and unemployment remains in check. Still, given slowin

Crude Oil

4 ways the O&G sector continues to face protracted soft conditions: Phillip

SINGAPORE (Apr 16): Phillip Capital is of the view that Singapore’s oil and gas (O&G) sector is facing an extended period of soft conditions.

Property

Singapore property bulls ignore central bank warning

SINGAPORE (Dec 6): Singapore developers may extend their share rally into 2018 on a reviving home market, according to money managers and analysts, who say the central bank’s warning on a potential oversupply may not play out for years.

Property

Brisbane faces potential oversupply amid Aussie student housing boom

SINGAPORE (Dec 30): As Australia continues to rapidly expand its purpose built student accommodation (PBSA) offering with new supply of commercially-operated student beds, signs of potential oversupply are beginning to surface, particularly in Brisbane.

Broker's Calls

OPEC’s production cut isn’t enough to save the O&M industry

SINGAPORE (Dec 22): Maybank Kim Eng has maintained its “negative” rating on the Singapore offshore and marine sector, even as the Organization of the Petroleum Exporting Countries announced a production cut to stem falling oil prices.

Broker's Calls

Why benefits of lower oil price may take a year to trickle down

SINGAPORE (Nov 1): The plunge in oil prices has reversed the fortunes of many players in the offshore and marine industry, ranging from rig builders and shipyards to services and support providers. But with oil prices beginning to recover, KGI analyst Joe

Beware headwinds in property sector but also seize the day

SINGAPORE (Sept 21): Despite the resale market remaining vibrant in August, with 750 caveats lodged, OCBC Research is maintaining its “neutral” call on the property sector, citing physical oversupply for 2016 to 2017.
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