News

Mandarin Oriental posts ‘stable’ underlying net profit in Q3

The hospitality firm opened a resort in Dubai and China and a hotel in Seoul during the quarter.

Lum Chang Creations secures $63.4m in new public and private contracts

Contracts awarded include the $31.9m ROMM redevelopment and $31.5m church project.

BRC Asia Limited’s net profit reaches $94.1m in FY2025

It recorded a revenue of $155b due to stronger project offtake was cited for growth.

Daily Markets Briefing: STI down 0.95%; Top stock is HongkongLand USD

HongkongLand USD is the top stock with a 0.48% increase.

Office workers raise concerns as flexibility gaps widen

Gaps persist in access to outdoor areas, wellness zones, recharge spaces, and creative collaboration environments.

Bukit Timah freehold hilltop estate launched for sale at $55m

The land parcel was priced at $2,273.57 per square foot.

Singapore Paincare dispute settled

The company returned $450,000 security under agreed terms.

Hongkong Land trims net debt as capital recycling progresses

Divestments and buybacks strengthen balance sheet ahead of year-end

ComfortDelGro announces Deputy CEO’s retirement

White named CFO as Koh prepares retirement

NODX forecast to grow 2.5% as trade slows

Declines in non-electronics exports dragged growth in the third quarter.

IREIT Global reports 89% portfolio occupancy

Its portfolio was valued at $1.30b (€859.8m) as at 30 September.

Coliwoo forms JV to convert REHAU Building

It will be turned into a co-living asset.

Employers plan pay rises as 2026 talent demand stays strong

More than half, or 55%, plan to hire contractors in 2026, mainly for short-term or project-based needs (74%).

Private home prices projected to rise 2.5%- 4.5% in 2026

The resale market is expected to remain steady, with volumes ranging between 14,000 and 15,000 units.

Private residential rents edge up 1.1% in Q3

Year-on-year, three-bedroom rents rose 3.0% whilst five-bedroom rents declined 2.3%.

Investor sentiment improves in Asia Pacific as Singapore draws capital

In Singapore, the office and data centre segments are receiving particular attention.