Singapore Real Estate / Built Environment
PUB to launch guidebook for building owners, developers to enhance flood resilience of premises
Building owners and developers will be able to draw ideas from a guidebook on how to improve the flood resilience of their premises come mid-2026. The guidebook – which will be launched by national water agency PUB – will contain measures that landowners and industry professionals such as architects and engineers can consider adopting to counter inland and coastal flooding, as well as case studies of how such measures have been applied.
https://www.zaobao.com.sg/news/singapore/story20250520-6428523
Is Singapore’s co-living market still a good investment?
Once a niche alternative to traditional rentals, co-living in Singapore has drawn serious attention since the pandemic – from local operators, developers and hospitality players, and private equity investors.
https://www.businesstimes.com.sg/property/singapores-co-living-market-still-good-investment
Singapore News
PM Wong and Australian counterpart Albanese agree to uphold open, rules-based multilateral system
Prime Minister Lawrence Wong and his Australian counterpart Anthony Albanese agreed on the importance of upholding an open, inclusive and rules-based multilateral system. They also discussed ways to work together towards these goals, including with other like-minded partners, when PM Wong hosted Mr Albanese to tea on May 20.
STB, Vietnam Airlines team up to entice more Vietnamese tourists to Singapore
The Singapore Tourism Board (STB) has formed a strategic partnership with Vietnam’s national carrier Vietnam Airlines, and Sentosa Development Corporation to launch joint marketing and promotional efforts aimed at boosting travel demand from Vietnam to Singapore.
Putting together a new Cabinet in an uncertain world
When forming his first Cabinet a year ago, Prime Minister Lawrence Wong kept most portfolios untouched. For this new term, the question is whether he will stick to filling vacated roles and making a few consequent changes – or a more drastic reshuffle is on the cards.
https://www.businesstimes.com.sg/opinion-features/putting-together-new-cabinet-uncertain-world
Business News
CapitaLand Investment launches its first onshore China master fund with 5 billion yuan in equity
CapitaLand Investment on Wednesday (May 21) announced the launch of its first onshore master fund in China, the CLI RMB Master Fund. With a total equity commitment of five billion yuan (S$921 million), the fund will contribute 20 billion yuan to CLI’s funds under management (FUM) when fully deployed.
CDL posts S$1.9 billion in Q1 sales revenue in Singapore property development
Property developer City Developments (CDL) : C09 -0.42% posted sales revenue of S$1.9 billion for its property development segment in the Singapore market in the first quarter of 2025, driven by the launch of its joint venture condominium project, The Orie, in Toa Payoh.
https://www.zaobao.com.sg/realtime/singapore/story20250520-6431607
SingPost names Teo Swee Lian as chairman-designate; Simon Israel to retire after 9 years at helm
Singapore Post (SingPost) has appointed Teo Swee Lian, 65, to the board as chairman-designate and non-independent non-executive director with effect from Wednesday (May 21). She will also be appointed as an additional member of the finance and investment committee, compensation committee and nominations and corporate governance committee.
SLB Development shareholders okay privatisation offer from Lian Beng’s Ong family
Shareholders of SLB Development approved the scheme resolution proposed by Lian Beng Group’s board of directors – which comprises the controlling Ong family – to acquire and privatise the property player.
Global Economy / Real Estate News
Fed officials expect tariffs to boost prices; White House downplays risk
Australia’s central bank cuts rates to two-year low of 3.85%
Canada says G7 finance ministers to focus on restoring stability, growth
China’s central bank cuts two key rates to historic lows
https://www.channelnewsasia.com/business/china-economy-rate-cut-trade-war-5140746
China ran record budget deficit with spending blitz amid tariffs
China to give US$500 million to WHO in next 5 years
https://www.businesstimes.com.sg/international/china-give-us500-million-who-next-5-years
Brookfield, Lunate earmark US$1 billion for Mideast real estate
https://www.businesstimes.com.sg/property/brookfield-lunate-earmark-us1-billion-mideast-real-estate
Hong Kong leader downplays business closures, cites anticipated GDP growth
Hong Kong unemployment rate rises to 3.4%
https://www.zaobao.com.sg/realtime/china/story20250520-6430434
Hong Kong unveils 9 ‘hotspot projects’ featuring brands, 4 peaks to draw tourists
Receivers put US$55 million home of Hong Kong’s ‘Cassette King’ on sale amid housing gloom
Hong Kong tycoons, Hony Capital seek loan to build golf course
https://www.businesstimes.com.sg/property/hong-kong-tycoons-hony-capital-seek-loan-build-golf-course
Indonesia expects 2026 GDP growth of between 5.2%-5.8%
Indonesia, Vietnam industrial property demand to rise on US-China tensions: Knight Frank
Japan is sticking to demand for US to eliminate tariffs: trade envoy
Japan’s exports rise in April, shipments to US slump
https://www.channelnewsasia.com/business/japans-exports-rise-april-shipments-us-slump-5143266
https://www.businesstimes.com.sg/international/japans-exports-rise-april-shipments-us-slump
Malaysia trade jumps to near three-year high amid front-loading
Rich Americans ready to swoop in if New Zealand relaxes home-buying ban
Thailand eyes US$15 billion cut in US trade gap with export rules
Thailand’s Cabinet approves 157 billion baht funding to counter US tariff impact
Disclaimer & Note:
Real Estate Developers’ Association of Singapore (REDAS) does not warrant the accuracy, adequacy or completeness of the information and expressly disclaims liability for errors or omissions therein. The content, accuracy, and opinions expressed are not investigated, verified, monitored, nor endorsed by REDAS. Every effort is taken to ensure that all information extracted is correct at the time of dissemination.
The Daily News is issued as news gathering for the convenience and benefits of REDAS’ members only and not for mass circulation. Members are advised to exercise discretion in the use and dissemination of the information. The news links are time-sensitive and require registration of fee-based digital subscriptions.