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


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


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 n

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 decl

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

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 o

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


How Singapore property could turn on an election: Andy Mukherjee

SINGAPORE (Nov 30): Singapore is getting ready for polls.

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