News

Sim Lian tops Woodlands Drive 17 EC tender at $794 psf ppr record

Sim Lian tops Woodlands Drive 17 EC tender at $794 psf ppr record

Parcel could yield about 560 units and sits near Woodlands South MRT and the planned RTS link, agents say.

3 freehold Geylang plots list with $31.0m guide

Six addresses form an L-shaped parcel with dual road frontage; private treaty sale offers vacant possession on completion.

Cost cuts hit 51% of firms as rental, manpower pressures mount

IWG says 54% intend to rely more on co-working networks in 2026 as expenses stay elevated.

Daily Markets Briefing: STI up 0.72%; Top stock is Keppel

Keppel is the top stock with a 3.14% increase.

AI set to take 41% of Singapore service work by 2027

Service staff using AI report spending 20% less time on routine cases, freeing about 4 hours weekly.

Coliwoo transitions to leaseback model following subsidiary sale

The company moves to long-term lease to maintain site management and amenities.

Alpha Integrated REIT appoints IFA for Mindarie cash offer

Unitholders will receive the official recommendation within fourteen days of the offer.

Tong Kooi Ong replaces Ng Ser Miang as Thomson chair

The leadership change takes effect 1 February following Ng Ser Miang’s resignation.

Deloitte urges Budget 2026 support as growth slows to 1%–3%

MTI forecasts Singapore’s growth at 1%–3% for 2026, down from last year’s pace.

MAS fines surge 579% amidst heightened scrutiny: report

Fenergo links the increase to KYC, AML, and sanctions breaches flagged after tighter supervision.

Tras Street shophouse seeks $15m in CBD sale

Based on the guide price, the asset is priced at about $3,326 per sq ft on floor area.

Daily Markets Briefing: STI up 0.54%; Top stock is HongkongLand USD

HongkongLand USD is the top stock with a 2.98% increase.

UOB lifts gold outlook toward US$5,000 as USD/SGD heads to 1.25

SGD, gold, and yen top UOB’s safe-haven asset list.

MUFG Bank sets up structured trade solutions subsidiary in Singapore

It is wholly owned by the Japanese megabank’s consolidated subsidiary.

Prime non-landed value jumps 54.5% YoY to $2.2b

New luxury hits $4,692 psf versus $2,130 psf resale.

32% of car buyers plan ICE purchases as EV intent drops, report says

EV purchase intent fell to 58% in EY’s latest survey.