Property
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Stamford Land H2 profit falls 14.2% to S$17.6 million on lower contributions from property development segment
[SINGAPORE] Property company Stamford Land reported a 14.2 per cent fall in net profit to S$17.6 million for its second half ended March, from S$20.6 million in the year-ago period.…
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Home of Musk’s SpaceX Proposes Changing Town So That Property Owners ‘May Lose the Right’ to Use Their Land: Report
Residents of Starbase, Texas—the newly incorporated company town run by Elon Musk‘s SpaceX—have been warned they could “lose the right” to use their land as they do now under a…
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Shopee’s SPX Express partners Frasers Property Vietnam to build automated sorting centre
Facility includes advanced two-storey automated sorting machines that can sort up to 7 million parcels a day, the highest for SPX Express in Vietnam [SINGAPORE] SPX Express, Shopee’s logistics services,…
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Shopee’s SPX Express partners Frasers Property Vietnam to build automated sorting centre
Facility includes advanced two-storey automated sorting machines that can sort up to 7 million parcels a day, the highest for SPX Express in Vietnam [SINGAPORE] SPX Express, Shopee’s independent third-party…
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Iron ore stays relevant despite China’s faltering property sector as demand drivers evolve
[SINGAPORE] Iron ore, the backbone of China’s steel-fueled boom for more than two decades, is facing a pivotal demand shift. The ferrous metal’s fortunes are now decoupling from the country’s…
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Singapore’s ultra-rich among wealthy Asians snapping up property in Dubai
[SINGAPORE] Property cooling measures may have dampened housing demand here, but Singapore’s ultra-rich are among high net-worth individuals (HNWI) around the world that are flooding into Dubai. In the first…
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Singapore’s ultra-rich snapping up property in Dubai
[SINGAPORE] Property cooling measures may have dampened housing demand here, but Singapore’s ultra-rich are among high net-worth individuals (HNWI) around the world that are flooding into Dubai. In the first…
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CDL posts S$1.9 billion in Q1 sales revenue in Singapore property development
[SINGAPORE] Property developer City Developments (CDL) posted sales revenue of S$1.9 billion for its property development segment in the Singapore market in the first quarter of 2025, driven by the…
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Directors in property and maritime companies raise interests
OVER the four trading sessions from May 9 to 15, institutions were net sellers of Singapore stocks, with net institutional outflow of S$55 million, partially reversing the net inflow of…
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EC World Reit’s Q1 net property income more than halves to S$10.8 million as it looks to sell more assets to repay debt
[SINGAPORE] EC World Real Estate Investment Trust’s (Reit) net property income for the first quarter of 2025 more than halved to S$10.8 million, from S$23.3 million in the same period…
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Citing worsening macro conditions, Frasers Property renews bid to take Frasers Hospitality Trust private
[SINGAPORE] Frasers Property is proposing to privatise Frasers Hospitality Trust (FHT) at S$0.71 per stapled security, due to FHT’s inability to improve the distribution and growth of the trust in…
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Stocks to watch: ThaiBev, Seatrium, SIA Engineering, StarHub, Sinarmas Land, Frasers Property, FHT, Cordlife
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (May 13). Thai Beverage: The Chang beer maker announced on Friday that its profit…
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Manulife US Reit to divest Atlanta property for US$133.8 million to repay 2026 debts
[SINGAPORE] The manager of Manulife US real estate investment trust (Reit) announced on Sunday (May 11) that it has agreed to sell Peachtree, a 28-storey Class A office building in…
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Manulife US Reit divesting Atlanta property for US$133.8 million to repay loans due 2026
[SINGAPORE] The manager of Manulife US real estate investment trust (Reit) announced on Sunday (May 11) that it has agreed to sell Peachtree, a 28-storey Class A office building in…
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Frasers Property H1 profit rises 147.6% to S$142.2 million on tax reversal
[SINGAPORE] Frasers Property posted a 147.6 per cent jump in net profit to S$142.2 million for the first half ended Mar 31, 2025, from S$57.4 million in the year-ago period.…
