News
Here's what Keppel O&M needs to come back to black
Here's what Keppel O&M needs to come back to black
Higher demand for gas vessels in two to three years could drive contract wins to $4b-$5b.
Holland Road prime residential site for sale
The lone owner set a $110m asking price.
7 in 10 O&G professionals brace themselves for further cost cuts
This is despite growing confidence in the market.
Parkway Life REIT's net property income inched up 0.2% in 2017
This is mainly due to a 6% decrease in property expenses.
Funan Mall's redevelopment to be completed before 4Q2019
This shows a potential boost for CMT’s 2018 profit.
Manufacturing output shrank 3.9% in December
The biomedical manufacturing cluster's output slumped by 34.7%.
Total employment shrinks for the first time in 14 years
The foreign workforce shed 32,000 due to less Work Permit Holders in construction and marine.
Developers sold 10,566 homes in 2017
The number surged 33% from 7,972 units sold in 2016.
Noble denies debt restructuring plan is finalised
The company said that they are still in talks with potential investors.
Home prices inched up by 1.1% in 2017
Rentals declined by 1.9%, albeit softer than last year's 4% drop.
22,077 HDB flats were resold in 2017
The flats' price index value dipped 1.5%.
CDL Hospitality Trusts' property income up 7.8% to $40.62m
Thanks to improved performance from The Lowry Hotel and Pullman Hotel Munich.
FLT's net property income jumped 8.9% to $35.15m in Q1
It completed its Beaulieu and Stanley Black & Decker facilities in late 2017.
Ascott REIT's profit rose 5% to $31.77m in 4Q2017
It was boosted by a higher revenue, which increased by 6% YoY to $134.48 in the last quarter.
Retail space prices slipped 8.8% in 2017
As a result, the island-wide vacancy rate of retail space dropped to 7.4%.
Price of office space dipped 2.4% in 2017
Total supply dipped from 607,000 sqm to 597,000 sqm in Q4.
Industrial property prices fell 5.7% in Q4
Developers are holding back launches and preferring to lease out instead.
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