Surface ID Studio artfully harmonises tradition with cutting-edge technology - THE EDGE SINGAPORE

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Surface ID Studio artfully harmonises tradition with cutting-edge technology

Founded in 2015 as a furniture manufacturer, Surface ID has since evolved into a full-fledged design house
Funan to reopen on June 28 after undergoing three-year redevelopment


Funan to reopen on June 28 after undergoing three-year redevelopment

SINGAPORE (June 3): The manager of CapitaLand Mall Trust (CMT), an indirect wholly-owned subsidiary of CapitaLand, says Funan is slated to open its doors on June 28 this year – two months ahead of its original scheduled date.


CityDev's 1Q earnings more than double to $200 mil on higher margins & Manulife Centre divestment gain

SINGAPORE (May 15): City Developments (CDL) has announced earnings of $199.6 million for the 1Q ended March, rising 133.8% from restated 1Q18 earnings of $85.3 million on strong profit margins and the realisation of a pre-tax divestment gain.


Sysma unit wins $20 mil contract to build Nassim Road bungalow

SINGAPORE (Mar 25): Sysma Holdings says its construction unit, Sysma Construction, has secured a $20 million contract to erect a bungalow at 54 Nassim Road for “an established private owner”.

Broker's Calls

OCBC wary of residential sector's near-term outlook in spite of encouraging data

SINGAPORE (Mar 18): OCBC Investment Research is maintaining “neutral” on Singapore’s residential sector despite the recent recovery in Singapore developers’ stock prices and the announcement of a new Cross Island MRT line, which helped to boost Fe

Broker's Calls

Why DBS remains cautious on Chip Eng Seng despite Kampong Java site win

SINGAPORE (Jan 17): DBS Group Research is forecasting property transaction volumes to fall 20% y-o-y to 7,500-8,500 units in 2019, and says it is possible for the property price index (PPI) to decline by up to 3% this year, and even further, should macro

Sector Focus

This is the year for office REITs to shine: OCBC

SINGAPORE (Jan 8): OCBC Bank is expecting Singapore office REITs to strengthen further in the near-term this year – and possibly, in the process, demand higher rents to bring about positive rental reversion.

Broker's Calls

Active presence in China, improving O&M segment keep this stock's outlook bright

SINGAPORE (Jan 4): OCBC Investment Research is maintaining its “buy” call on Keppel Corporation with a fair value estimate of $7.25 on expectations of a continued recovery in the offshore and marine (O&M) segment, as well as the group’s recent devel

Broker's Calls

Few bright spots in sight for local residential sector in near term, says OCBC

SINGAPORE (Jan 3): OCBC Investment Research is maintaining “neutral” on the local residential sector after Singapore home prices posted their first decline in six quarters, according to recent Urban Redevelopment Authority (URA) flash estimates.


HLH Group scraps $16 mil sale of D'Seaview Hotel on payment issues

SINGAPORE (Dec 12): Hong Lai Huat Group (HLH Group) is terminating its $15.7 million sale of D’Seaview Hotel, a component of the group’s mixed-use development project in Cambodia.