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Green shoots of recovery in luxury homes and offices?

The property market will continue to face challenges this year but there are "green shoots" in the luxury residential and office sectors, said DBS Group Research.

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More construction firms taking on projects below cost

More construction companies in Singapore are taking on projects at thinning margins, often even below cost, just to keep their businesses running and to justify their sunk costs.. - 09 January 2017

Three parties shortlisted for Jurong Point

Macquarie, Blackstone and Frasers Centrepoint have been shortlisted for the purchase of Guthrie and Lee Kim Tah's space in Jurong Point mall.. - 09 January 2017

Public sector projects to boost construction demand in 2017

Amid dwindling private sector building projects, the government said on Friday that it will bolster construction demand in 2017 with more public sector projects. Some S$28 billion to S$35 billion worth of construction contracts will be awarded this year, higher than 2016's preliminary estimate of S$26.1 billion.. - 09 January 2017


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