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CDL

2025 in review: CDL spat, Hyflux trial among corporate events that shook Singapore

CDL sells Osaka hotel to Blackstone-managed real estate funds for $117 million

Set to complete in December, the proposed divestment marks the group’s fourth major capital recycling transaction in 2025.
Set to complete in December, the proposed divestment marks the group’s fourth major capital recycling transaction in 2025.

CDL’s shares jump as it sells US multi-family asset for $186.8 million

CDL said the sale of the 250-unit residential property in California allows it to lower gearing and redeploy capital.
CDL said the sale of the 250-unit residential property in California allows it to lower gearing and redeploy capital.

Kwek Leng Beng reaffirms Hong Leong’s China bet during meeting with Shanghai’s top party official 

Hong Leong Group executive chairman Kwek Leng Beng (left) meets Shanghai Party Secretary Chen Jining in Shanghai.
Hong Leong Group executive chairman Kwek Leng Beng (left) meets Shanghai Party Secretary Chen Jining in Shanghai.

Market Insights

Singtel rises 3% on robust earnings; Keppel slides after Simba-M1 deal

Singtel ended the week higher after an initial fall following the Aug 11 announcement of Simba’s acquisition of M1’s telco business.
Singtel ended the week higher after an initial fall following the Aug 11 announcement of Simba’s acquisition of M1’s telco business.

CDL sets new benchmark for EC land with $782 psf ppr bid for Woodlands plot

CMG20250624-RChiong03/张俊杰/Generic pix of the Singapore skyline 新加坡市区景观 [Swissôtel The Stamford Singapore]
The Singapore skyline, seen on June 24, 2025. Can be used for stories on Housing Development Board (HDB) flats, public housing, private estates, condominiums, private housing, land use, housing prices, cost-of-living, economy, inflation.
2025年6月24日拍摄的新加坡市景。可用于有关建屋发展局(HDB)组屋、公共房屋、私人住宅区、公寓、私人住宅、土地用途、房价、生活成本、经济与通货膨胀等课题的报道。
CMG20250624-RChiong03/张俊杰/Generic pix of the Singapore skyline 新加坡市区景观 [Swissôtel The Stamford Singapore]
The Singapore skyline, seen on June 24, 2025. Can be used for stories on Housing Development Board (HDB) flats, public housing, private estates, condominiums, private housing, land use, housing prices, cost-of-living, economy, inflation.
2025年6月24日拍摄的新加坡市景。可用于有关建屋发展局(HDB)组屋、公共房屋、私人住宅区、公寓、私人住宅、土地用途、房价、生活成本、经济与通货膨胀等课题的报道。

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.