News

Katong Shopping Centre for sale for $638m

Submission of offers ends on 14 August at 3 pm.

Average private rentals for 3-bedroom down 3.2% MoM in May

But year-on-year, rents for this category grew 17.8%.

EC World REIT extends long stop date for divestment of 2 assets in China

As of date, only RMB333m out of RMB1.4b equity consideration has been prepaid to EC World REIT.

ComfortDelgro unit to distribute China-made EVs in SG

The EVs are manufactured by ChangAn KuaYue.

Keppel bags US$70m worth of EaaS contracts in Vietnam

The company inked contacts with Republic Holiday Inn amongst others.

SIAEC, Eaton form maintenance, repair and overhaul JV in Malaysia

Forty-nine per cent of the JV’s shares will be held by SIAEC.

Almost half of Singaporeans work 10 unpaid hours a week: report

Singapore has the second-highest number of unpaid hours worked in Asia-Pacific.

OCBC, Ascenda to offer more transfer options for rewards currencies

It is now available to OCBC customers holding Travel$, Voyage Miles and OCBC$ rewards balances.

MPA seeks proposal to design full-electric harbour craft

Proposals can be submitted by 15 September 2023.

DBS sells 77.8% stake in AXS to Tower Capital Asia

AXS became a subsidiary of the bank in 2006.

What to expect from gov’t Supply Chain Management talent initiatives

Singapore will create 700 new career openings in the industry.

Grade A office building in Orchard Road for sale for $470m

Expression of interest submission for VisionCrest Commercial ends on 17 August at 3 pm.

Singapore clean energy workforce to grow 80% by 2032

Workers in the clean energy sector will reach around 2,700.

EMA launches 2nd Energy Storage Systems Grant Call

Submission of proposals will close on 14 September. 

The Myst sells 27% of its units during launch

The average selling price of the units sold was $2,057 psf.

Lentor Hills Residences sells half of its units during weekend launch

It achieved an average selling price of slightly above $2,000 psf.