Building & Engineering
Civmec lands over $506m in new contracts, extensions
This also includes works from Luerssen Australia.
Amcorp Global halts new projects in SG amidst cost pressure
The profit margins for property development in Singapore remain low.
Nordic Group secures $48.7m worth of contracts
The contracts are for engineering and industrial services across multiple sectors.
GRC Limited unit secures $242.7m building contract
The construction period is 39 months and will start in the second half of 2025.
Lucky Joint Construction wins Gul Drive site for $4.8m
The property has a site area of 4,876.3 square metres.
Soilbuild bags $178.6m worth of new contracts
It includes a contract for a 10-storey multiple-user industrial development at Lok Yang Way.
SG sees strong construction activity despite high costs
Average construction costs stand at $3,974.05 per square metre.
Ever Glory completes $31.5m acquisition of Guthrie Engineering
The payment for the acquisition will be made in two tranches.
Civmec completes acquisition of Luerssen Australia
The acquisition was funded from Civmec’s existing cash reserves.
Civmec acquires shipbuilder Luerssen Australia in $16.7m deal
The deal is expected to be completed by 1 July 2025.
Changi Airport taps MHI for APM system renewal
Construction is scheduled to be completed in 2030.
ST Engineering divests US-based unit for $371m
The net proceeds of $316m (US$246m) will be used for debt payment.
Singapore construction prices to rise up to 2% in 2025: report
Overall cost growth in the sector is likely to remain slower than in 2024 due to macroeconomic uncertainty.
COTD: Civil, institutional projects to drive construction growth in 2025
The Institutional & Others segment is set to hit $17b in 2025, up 45.3% YoY.
BBR Holdings bags $220m new contracts
The projects will commence in June 2025.
Boustead Singapore reviews assets for possible REIT listing on SGX
There is no guarantee that any transaction will materialise.
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