Building & Engineering

SIA Engineering's H1 net profit slips 1.7% to $81.9m

Operating profit nearly doubled to $25.7m despite a 9.7% revenue decline.
1 day ago

Singapore ranks fourth globally for data centre construction costs

It also led SEA at $20.20 per watt, ahead of Jakarta and Kuala Lumpur.
2 days ago

Elite UK REIT's NPI dips 0.6% to $46.71m in 9M

Revenue inched up 0.7% whilst distributable income rose 4.8%.
2 days ago

Keppel logs 20% YoY profit growth in Q3

Net profit from New Keppel increased nearly 15% YoY.

Soilbuild Construction secures $103m in new contracts

New deals cover an industrial facility and HDB precast supply.

Wee Hur secures 1,398-bed student accommodation project at NTU

The facility will mainly house the university’s postgraduate students.

Construction costs rise up to twice as fast as inflation: JLL

Developers risk underestimating project costs when relying on CPI-based budgets.

OKP Holdings unit buys $21m property from Crown Beverage

The site is held under a 30-year lease from Jurong Town Corporation.

Half of developers moderately concerned about labour costs: survey

One in three are most concerned, whilst one in five are not concerned at all.

HDB to deploy smart hoists at half of BTO sites from 2027

Each unit carries 2D LiDAR and anti-pinch door sensors for automated operation.

CCS seeks public feedback on Zenith’s proposed NatSteel acquisition

It is inviting views on the transaction’s potential impact on market competition.

HDB completes first construction transformation project at Tengah

A second development is on track by the end of the year.

JTC, Kajima pilot autonomous heavy machinery in Jurong

Excavator and compactor trials target 50% fewer skilled operators. 

Hang Lung unveils new footbridge linking Amoy and Kowloon Bay

The bridge features solar panels and provides 24-hour access.

Reclaims Global net profit climbs 53.1% to $3.8m in H1

Revenue jumped 52.9% to $33.3m from $21.8m.

Singapore hits record low injury rate but fatal injuries rise in H1

A total of 21 workplace fatalities were recorded during the period.