Building & Engineering
Singapore grid strain lifts curtailment, raises reliability risk
Singapore grid strain lifts curtailment, raises reliability risk
Solar growth and import plans expose storage gaps and grid limits.
Three-fourths of builders back collaborative deals, but only 34% use them
Traditional forms still rule 67% of projects, a report revealed.
Keppel Q1 net profit dips amidst weaker real estate performance
Recurring income rose slightly on higher operating income and stable asset management profits.
Grade A office supply surge set to peak in 2028
Low completions in 2026 and 2027 give way to a higher delivery cycle in 2028, Cushman & Wakefield data shows.
SMRT pilots AI platform ‘JARVIS’ for predictive rail maintenance
The system uses GenAI and vector search to deliver engineering insights.
Storage gap pushes Singapore builders to Johor
Unless storage is treated as core infrastructure, growth will stall.
Singapore only Asian city in global top 10 for building material reuse
The city ranked 10th in Savills' index, placing ahead of regional peers like Tokyo.
Material cost hikes could cut construction margins by up to 2.4 points: CGS
Fixed-price contracts are leaving subcontractors to absorb initial cost spikes.
Boustead wins over $100m Tukang industrial contract
Project lifts engineering backlog to $566m.
Prime office market shows resilience amidst tightening supply
Core CBD Grade A vacancy fell to 4.5% as 3.08 million square feet of new space is expected from 2026 to 2028.
Singapore leads APAC in office fit-out costs despite rising regional market optimism
Singapore’s office fit-outs amongst the region’s most expensive, even as contractors expect stronger 2026 conditions.
ISOTeam raises $5.43m via SDAX digital debt platform
The issuance included $500,000 from company directors through ADD Investment Holding.
OUE REIT expands office space with 2,100 sq m Bayfront conversion
The $43m project is expected to deliver over 11% ROI.
Boustead projects bags $50m+ Phase 2 contract from repeat Fortune 500 client
The contract lifts Boustead’s real estate order backlog to $343m.
Koh Brothers hits $25.5m profit as 2025 revenue nears $286.3m
The group reversed a $10.4m net loss in the previous year.
Mencast unit seals $21m option exercise for Penjuru property
Buyer pays the deposit as the sale moves to the completion stage.
Geo Energy MBJ project 80% complete, July finish on track
Truck hauling trials will begin in April.
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