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Grace Leong

Senior Correspondent

Grace joined The Straits Times in 2013 after three years at The Business Times. She was part of The Sunday Times’ team that won a bronze award at the Asian Media Awards in 2021. She also received two awards, in 2012 and 2017, from the Securities Investors Association (Singapore). Grace worked in Las Vegas and Utah from 1999 to 2010, during which she covered the impacts of the Sept 11 attacks, subprime mortgage crisis and the 2008 financial crisis. She bagged multiple awards for her reporting during her time in the US.

Latest articles

Defence lawyer says judge erred in convicting O.K. Lim of cheating; prosecution disagrees

Hin Leong founder Lim Oon Kuin had earlier been found guilty of cheating HSBC through employees of his “family business”.

No more ‘unlimited liability’ for consultants in govt construction contracts from Dec 1

On Sept 25, the Singapore Institute of Architects flagged “unfair clauses” in a Singapore University of Social Sciences tender for its Rochor campus.

New private home sales slump in Sept but recovery expected in Oct with several hot launches

1012WFL Sales launch for Skye -Robust turnout at Skye at Holland sales gallery during public preview

Ex-Hyflux deputy CEO Sam Ong not aware of ‘magnitude of losses and profits’ of Tuaspring project

On Day 18 of the criminal trial on Sept 22, Mr Ong told the court that the desalination plant can be subsidised as “the power tariff is, quantum wise, higher than the water tariff”.

New private home sales lifted by flurry of launches before Hungry Ghost month, low interest rates

Including ECs, new private home sales jumped to 2,338 units in August from 1,311 the previous month.

If Singapore’s first private luxury senior housing takes off, will more developers enter this space?

Costing between $8,900 and $17,000 a month, depending on room type and required care, Perennial Living is aimed at well-heeled seniors over the age of 65.

Analysts upgraded Hyflux’s ratings despite its power strategy: Defence

Ms Winnifred Heap, who used to head corporate communications and investor relations at Hyflux, was the prosecution’s second witness on Sept 10.

Prosecution, defence spar over request for evidence on how banks reacted to Hyflux power strategy

A Hyflux building at Kallang Bahru, on June 3, 2020.

Hyflux got only $150 million bank loan for $890 million project because of cash flow concerns

The prosecution’s third witness, Mr Nah Tien Liang, Hyflux’s former vice-president of investment, outside the State Courts on Sept 2.

Competitive bids for state land tenders lifting land betterment charges for non-landed residential use

The increase in land betterment charge rates was most significant in areas such as Bayshore (above), East Coast Park and Serangoon.