Browsing: Singapore

Public residential land tenders passed over by developers in Q3

Government residential land sales were snubbed by policy-battered property developers in Q3. According to Colliers, the average number of developers who participated in public residential land tenders plummeted to 4.7 in 3Q 2014 from 8.6 and


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Risks grow for Keppel Land

Risks increase for Keppel Land as ASEAN exposure grows Keppel Land’s increasing exposure to developing ASEAN nations poses growing risks for its business profile. According to Barclays, Keppel Land’s RNAV is 75% skewed towards new developments,


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Singapore construction sector dissapoints

The government’s push to boost productivity while reducing reliance on foreign workers has led to a tight labour market and wage pressures that have helped push up core inflation. Analysts say such restructuring efforts have weighed


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Keppel Land to develop 42-storey office tower in Manila

Keppel Land Limited (Keppel Land) will strengthen its commercial portfolio in the Philippines by expanding the SM-KL project, its mixed-use development with Phase Two comprising a 42-storey office building and an extension of The Podium, an


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workplace injuries in Singapore’s construction sector jump in 2014

Workplace fatalities in the Singapore construction industry increased to 30 in the first half of 2014, This is more than 5 compared to the same period last year, which The Ministry of National Development revealed in


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Singapore Downtown Line 2 to open ahead of schedule in 2016

ComfortDelGro to open The DTL2 MRT  in 1Q16, two months ahead of schedule. The downtown section of Line 2 was originally forecast to open by the end of 2015, however the opening of the line was


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Singapore ranked world’s No1 market for infrastructure investment

Singapore has been ranked the No1 market in the world for investment in infrastructure, according to a recent study by Arcadis a global natural and built asset design and consultancy firm. The study examined a multitude


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Construction projects worth $8.25b to be underwritten by Singapore Insurers

Majority of the projects will be in emerging markets. According to AIG, more than 60% of global construction is going to take place in emerging markets by 2025, and construction in these emerging markets is now


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JTC and Temasek in talks to explore susbidiary megamerger

JTC and Temasek in talks to explore susbidiary megamerger for sustainable urban development. JTC Corporation (‘JTC’) and Singapore investment company Temasek will begin exclusive talks to explore merging four of their operating subsidiaries, Ascendas Pte Ltd


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