News

CapitaLand buys 16 US properties for $1.14b

CapitaLand buys 16 US properties for $1.14b

The 3,787 apartment units have an average occupancy rate of over 90%.

Laguna Park up for en bloc sale at $1.48b

It can be redeveloped to about 2,487 units.

Mortgage growth for DBS could stay healthy despite property curbs

And its net interest margin could get a boost by a hike in the US federal funds rate.

Changi Airport Terminal 4 trials bot technologies

They eye to make Terminal 5 the world’s largest and most automated terminal.

Equity capital market activity hits two-year high at US$3.8b YTD

Follow-on offerings outpaced IPOs and convertibles in proceeds.

Developers' home sales crashed 63% to 616 units in August

The ghost month festival and the property curbs were a double whammy.

Nine precincts join business improvement district programme

They include historic, civic, and mixed-used districts.

Singapore rolls out unified payment QR code

It is the first-of-its-kind to combine multiple payment QR codes.

Grange Heights to go en bloc at $820m

It has a building height control of up to 36 storeys and a proposed GFA of 39,108.9 sq m.

NODX eases down growth to 5% in August

The growth in non-electronic NODX outweighed the declines in electronics.

UK acquisition could uplift SPH amidst media business declines

Earnings from the media segment dropped by $10m to $12m from 2016 to 2017.

Singapore and Sichuan firms team up for business deals

Amongst the deals is the establishment of the Singapore Innovation Centre for SMEs in Sichuan.

Highest bid for Anchorvale Crescent EC site hit $318.89m

It defeated the next highest bid by just $899.

ST Engineering's $868m buy could boost aerospace capabilities

The MRA Systems is also synergistic with STE’s composite manufacturing capabilities.