Artikel Honda Shines as Indonesia Car Sales Surge 184% pertama kali tampil pada todayinasian.com.
]]>Among the standout performers, Honda emerged as a clear winner, registering a staggering 129% increase in sales from the previous month. The brand successfully sold 15,081 units in May, climbing to second place behind Toyota. In comparison, Honda had only sold 6,590 vehicles in April 2025. This performance reflects strong consumer interest, especially in models like the Honda Brio, WR-V, and BR-V.
An executive from Honda Prospect Motor (HPM) stated, “We are grateful for the positive response from the market. Our strategy to boost production and improve delivery has shown results,” citing both the acceleration in logistics and supply chain as key drivers behind their success. Toyota maintained its top position in the market with 29,665 units sold. Mitsubishi followed Honda in third place with 8,945 units, while Suzuki and Daihatsu secured fourth and fifth positions, selling 7,957 and 7,443 units respectively.
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In contrast, Chinese electric vehicle giant BYD suffered a dramatic decline. After recording 559 unit sales in April, BYD managed to sell only 30 vehicles in May—a 94.6% drop. The steep fall raises questions about market readiness for electric vehicles in Indonesia, despite earlier momentum.
Chery, another Chinese carmaker, also experienced a dip, selling only 235 units compared to 323 in the previous month. Conversely, Wuling managed to slightly increase its numbers to 1,207 units in May from 1,139 in April. Gaikindo attributes this sharp overall growth to a combination of improved production flows, recovering purchasing power, and easing global supply constraints. Moreover, the Eid al-Fitr holiday in April reportedly disrupted car purchases, causing pent-up demand to shift into May.
With the automotive sector rebounding robustly, manufacturers are now optimistic about meeting or surpassing their sales targets in 2025—an outlook that could further boost the national economy and investor confidence in the auto industry.
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]]>Artikel Gold Demand in Singapore Soars Amid Global Uncertainty pertama kali tampil pada todayinasian.com.
]]>This trend aligns with a global pattern where investors are turning to gold to safeguard their wealth. In 2024, gold investment in Singapore increased by 22% year-on-year, reflecting a growing preference for the precious metal as a store of value. The Monetary Authority of Singapore also adjusted its gold reserves, selling 10 trillion of gold while maintaining significant holdings, indicating a strategic response to record gold prices and evolving economic conditions.
The surge in gold demand is not limited to Singapore. Globally, gold prices have reached historic highs, with spot gold hitting $3,424.24 per troy ounce, up more than 30% since the start of 2025. This increase is attributed to investor anxiety over unpredictable trade policies, including sweeping tariffs affecting both allies and adversaries, and threats toward Federal Reserve Chair Jerome Powell. Such developments have rattled markets, worsened global economic outlooks, and raised fears of inflation, prompting a flight to traditionally safer investments like gold.
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In Singapore, gold’s appeal is further bolstered by its role as a hedge against currency fluctuations and current account vulnerabilities, especially pertinent for investors looking to participate in ASEAN’s growth potential. Gold’s performance during periods of capital reversals, such as the taper tantrum in 2013, highlights its resilience compared to domestic bonds and currencies.
While investment demand for gold has surged, gold jewellery consumption in Singapore declined by 5% year-on-year to 6.8 trillion, as rising gold prices made purchases less affordable. This mirrors global trends where high prices have dampened consumer spending on gold jewellery.
Looking ahead, Singapore’s gold demand is expected to remain strong in 2025, particularly in investment, as economic and geopolitical uncertainties persist. Analysts predict that gold will continue to serve as a reliable safe-haven asset, offering protection against market volatility and inflationary pressures.
Source: CNA
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]]>Artikel Private Home Sales Surge in Singapore pertama kali tampil pada todayinasian.com.
]]>Of the 718 units sold, 47 were located in the Core Central Region (CCR), 66 in the Rest of Central Region (RCR), and 605 in the Outside Central Region (OCR). This distribution highlights the growing demand across different regions of Singapore.
Christine Sun, Senior Vice President of Research and Analytics at OrangeTee & Tie, attributes the surge in sales to pent-up demand following the Chinese New Year period in February, which saw few new launches. In March, developers launched four private residential projects, including Ardor Residence and Koon Seng House. This increased the total number of units launched to 877, a sharp rise from the 45 units launched in February, making it the highest number of launches since November 2023, which saw 970 units.
Lentor Mansion, in particular, stood out as the best-selling project, with 409 of its 533 units sold. The project accounted for 57% of developers’ sales in March 2024. It has proven to be especially popular with first-time buyers and HDB upgraders, with nearly 75% of units sold priced below S$2 million. The median price of units in Lentor Mansion was S$2,269 per square foot.
Lentoria, another project in the Lentor area, also performed well, selling 60 out of 267 units at a median price of S$2,129 per square foot. The success of both projects reflects strong demand for new launches in the Lentor Hills estate, which offers a variety of properties to meet different buyer preferences.
Mohan Sandrasegeran, Head of Research and Data Analytics at Singapore Realtors Inc. (SRI), noted that Lentor Mansion was the first project launched under new guidelines that harmonize strata and gross floor areas. The positive reception to this new approach suggests that buyers are embracing changes in how units are priced and sold based on livable space. Early sales figures indicate that Lentor Mansion is the best-selling launch of the year so far.
ERA Singapore’s Key Executive Officer, Eugene Lim, emphasized that buyers today are considering more than just location and price. They are also scrutinizing the functionality of project designs and layouts to ensure they align with their lifestyles and long-term plans.
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The market has seen a rise in local buyers, with Singaporeans accounting for nearly 92% of new home buyers in March, up from 83% in February. According to PropNex’s Head of Research and Content, Wong Siew Ying, the increase in OCR launches has likely attracted local buyers looking for more affordable options.
Looking ahead, three new projects were launched in April: The Hill @ One-North (142 units), The Hillshore (59 units), and 32 Gilstead (14 units). Despite fewer units being available compared to March, Wong predicts that April’s sales may not match March’s volume. However, SRI’s Sandrasegeran believes that there is still strong demand for quality new launches, and the success of Lentor Mansion is a positive indicator for developers.
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