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UOL sharpening recurring income play

Q3 earnings up 10%; plan to launch Upper Paya Lebar condo project in Q1 next year; residential land acquisitions will still be selective

The group recently opened its One KM mall along Tanjong Katong Road.


UOL Group, which has posted a 10 per cent rise in third-quarter net earnings, will focus more effort on commercial and hospitality assets with recurring income - amid the subdued Singapore residential sector, said its group CEO Gwee Lian Kheng.

The group recently opened...

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