News
Prime US REIT’s distributable income drops 48% YoY in H2 2024
Prime US REIT’s distributable income drops 48% YoY in H2 2024
The REIT credited the drop to divestments and lower property contributions.
January HDB rental volume rises amidst price dip
2,636 HDB flats were rented in January 2025.
Over half of Singapore’s ultra-rich consider moving abroad
3 in 5 also plan to send their children abroad for education.
Monthly condo rental volumes up as prices dropped in January
6,306 units were rented in January 2025.
Beng Kuang Marine’s net profit soars 168% in FY 2024
The company’s proposed dividend per ordinary share stood at $0.006.
UOB Group launches $3b Capital Distribution Package for shareholders
The group also introduced a $2b share buyback programme.
Gold Peak invests US$150m under JS-SEZ Green Lane initiative
The investment will build a manufacturing and R&D facility in Johor.
SingPost operating profit falls 23.8% to $21.1m
Operating expenses outpaced its revenue growth.
United Hampshire US REIT's NPI slips 1.6% YoY in H2 2024
NPI for the period was $32.7m (US$24.4m).
Trip.com reveals top travel trends for Singaporeans in 2025
Cruising and space tourism is gaining traction among Singaporean travellers.
CSE Global order intake sinks 21.6% in Q4 2024
The order intake for the electrification business segment was 31.1% lower YoY.
LTA imposes 3-year lock-in period for business-owned chauffeured private hire cars
This aims to achieve a more stable supply of vehicles that can be used to provide ride-hailing services.
Grab revenue climbs 19% for full-year 2024
This was attributed to a 16% increase in total sales from rides and deliveries.
Seatrium and International Maritime Industries ink jack-up rig deal
The LeTourneau Super 116E Class design was selected.
Two District 1 properties along Hongkong Street up for sale
The properties are located at 7 and 36 Hongkong Streets.
Manulife US REIT divests New Jersey property for US$40m
Divestment proceeds will repay 19% of 2026 debt.
Manulife US REIT’s FY2024 NPI drops 30.3% YoY
DPU also dropped 43.9%.
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