Browsing: Singapore

Singapore construction contracts to reach at least $26b in 2018: BCA

Demand for public sector construction is expected to grow from $16b to $19b. The Building and Construction Authority (BCA) projects the total value of construction contracts to be awarded this year to range between $26b to


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Singapore to launch 17,000 new Buy To Own flats in 2018

1,000 flats in Sembawang, Sengkang, and Yishun will be launched in H2. The Housing and Development Board (HDB) will launch 17,000 new build-to-order (BTO) flats next year, slightly lower than the supply of 17,584 in 2017,


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Extra $700m in projects to boost Singapore construction sector

Govt bringing forward more contracts over next two years, including upgrading works More estates will get a makeover and new walkways will be built across Singapore, as the Government seeks to give a fillip to the


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Singapore tables bill supporting HSR links with Kuala Lumpur

SINGAPORE: A bill to support the building and running of two future rail links between Singapore and Malaysia was introduced in Parliament, The Straits Times reported. The report said the Cross-Border Railways Bill would provide for


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Lian Beng bags $162m contract for Martin Modern development

Lian Beng wins a bid for a contract from Martin Modern Pte Ltd for the proposed condominium housing development comprising two blocks of 30-storey condominiums, with a total of 450 units. According to KGI, the contract


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Outlook for Singapore’s construction sector turns south

The Singapore Commercial Credit Bureau (SCCB) released a lower but still positive overall business sentiment score of +2.6 ppt for Q4 this year. However, indicators for the construction sector deteriorated after only two out of six


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HDB inks $10.7m deal with NTU and SUTD

The Housing and Development Board (HDB) sealed two deals worth $10.7m with Nanyang Technological University, Singapore (NTU Singapore) and the Singapore University of Technology and Design (SUTD) to fulfill housing needs. HDB signed a $4.7m collaboration


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Singapore’s GIC eyes acquiring 31.7% stake in Philippines’ EDC

MANILA (Reuters) – Philippine renewable power producer Energy Development Corp said on Thursday a consortium of investors including a unit of Singaporean sovereign wealth fund GIC had offered to buy about a third of the company.


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Singapore-Johor Bahru MRT link to commence operations by 2024

A cross-border MRT link that will connect Singapore and Johor Baru in Malaysia is slated to begin passenger service by the end of 2024, ministers from the two countries announced today. It was also announced that


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Will Seletar Mall be divested by SPH?

Singapore Press Holdings recently announced that its consortium with JV partner Kajima Development has been awarded for $1.13b the HDB tender for a 99-year leasehold site at Upper Serangoon Rd. According to OCBC, this mixed site


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