News
Lawsuit vs PropNex withdrawn, company says
Lawsuit vs PropNex withdrawn, company says
Its financial position and performance for FY2025 are unaffected by the suit
Keppel REIT acquires additional one-third stake in Marina Bay Tower 3
HSBC Singapore ends existing shareholders’ agreement, new deal follows.
SUTL to acquire Marina at Keppel Bay for $40m
The deal adds 166 berths, raising total berths to 436.
ST Engineering expects positive net profit in H2 2025
This is after it recorded $14b in contract wins and a $3.26b order book during 9M2025.
Frasers Property invests $37.7m in BetterBe marketplace
The investment targets Thailand, Indonesia home-improvement marketplace.
Manulife US REIT dissolves Sacramento subsidiary
The company said the divestment won’t have a significant impact on REIT finances.
Singapore economy expands 5.7% in Q4 2025, full-year growth at 4.8%
Manufacturing-led rebound lifted quarterly growth, whilst services expanded steadily.
Prestige landed homes sales reports 20% growth in H2 2025
The high-end landed home market grew despite cautious leasing.
Sembcorp secures investment license for 490-hectare industrial park
The VSIP Ninh Xuan is positioned near deep-sea ports, major expressways, and airports.
Sembcorp buys ReNew Sun Bright to tap into India solar
ReNew operates a 300-MW solar power project located in Rajasthan, India.
Seatrium, Maersk affiliate settle vessel dispute
The affiliate will pay the remaining balance $463.65m (US$360m) for the wind turbine installation vessel.
LTA grants Geolah, Trans-Cab three-year ride-hailing licences
The two operators met the authority’s standards on safety and service.
Keppel DC REIT secures 10-year lease extension for $350m
The weighted average land lease expiry extends to 25 years.
Singapore PMI inches up to 50.3 in December
This was driven by growth in new orders and factory output.
Human resources functions to evolve in 2026 with wider AI adoption
35% of Singapore companies plan to improve payroll transparency over the next two to three years.
SG ranks 9th in APAC flexible workspace demand growth in 2025
Enterprise demand supports flex uptake in a competitive office market.
Private home prices projected to rise 3% in 2026
Lower interest rates cuts mortgage costs and supports buyer demand.
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