The Business Times
Jessie Lim

Jessie Lim

CORRESPONDENT

Jessie is a correspondent with The Business Times covering the property beat. She studied political science and holds a double degree from Sciences Po Paris and the National University of Singapore.

emailljessie@sph.com.sg
The year's largest real estate deal in Singapore so far is the sale of a one-third share in MBFC Tower 3 by Hongkong Land to Keppel Reit for S$1.45 billion.

Lower funding costs, firm fundamentals to fuel appetite for Singapore commercial real estate 

Office and industrial deals are the flavour of the year; interest in the living and hospitality sectors has also risen

Developers are increasingly signalling that they are ready to enter a new growth phase, DBS Research said.

DBS bullish on developers, hikes up target prices for CDL, UOL, GuocoLand  

The increase comes on lower interest rates and plans by these firms to recycle capital and rejuvenate assets

CLAR acquired a data centre at 9 Tai Seng Drive this year which will expand its data centre footprint by 32.8 per cent.
HOCK LOCK SIEW

Should CapitaLand Ascendas Reit rejig its portfolio further in favour of data centres and life sciences assets? 

With the Reit in a prime position to capitalise on its advantage in such assets, this is the right time to seize...

Kiong has spent four decades in the hotel industry, where he held senior roles in luxury hotels including the Mandarin Oriental in Hong Kong and the Ritz-Carlton in New York City. 

Far East Hospitality’s Arthur Kiong looks back on 4 decades in the hotel industry 

He says the sector has provided him with more opportunities than he dared to dream of

Experiences which are unique, to the point that visitors are prepared to pay handsomely in order to enjoy them, would be the challenge going forward.

Singapore tourism industry must create unique experiences to survive: veteran hotelier Arthur Kiong

He brings his philosophy to life with the four hotels Far East Hospitality manages on Sentosa

Net proceeds to be raised from the issue of new shares will amount to about S$2.15 million.

Noodle maker Leong Guan Holdings to offer 20.65 million shares at S$0.23 each in Catalist listing

The group intends to distribute a minimum of 80% of FY2025 net profit as dividends

Among the 10 new sites unveiled on Tuesday, there are two executive condominium sites in Canberra and Sembawang.

Bayshore, Berlayar and Newton plots among 10 new housing sites up for sale; two EC parcels also available 

On the reserve list is a Town Hall Link plot, carved out of the Jurong Lake District master-developer site

Big Box warehouse retail mall.

OCBC files bid to wind up consumer electronics trader TT International

The company owes lender at least S$21.7 million

Wilmar’s position is that Yunnan Huijia is attempting to implicate Guangzhou Yihai to shift responsibility for the losses.

Wilmar’s China subsidiary lodges appeal over contract fraud case

[SINGAPORE] A subsidiary of Wilmar International has lodged an appeal in a Chinese court, after it was found guilty of contract fraud...

The bank announced it would be returning up to RM2 billion of capital to shareholders by end-2027, through special dividends or share buybacks.

CIMB Q3 profit up 2.3% at RM2.08 billion 

The bank announces a special dividend of RM0.07 per share

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