Diversified Real Estate Activities

Singapore Land

Singapore Land released FY2025 Q3 earnings on February 25, 2026 (SGT) with actual revenue of SGD 222.11 M and EPS of SGD 0.0559

Singapore Land released FY2025 9-month earnings on February 25, 2026 (SGT), with actual revenue of SGD 594.27M and EPS of SGD 0.1339

Singapore Land released FY2025 Annual Earnings on February 25 After-Market SGT, with actual revenue of SGD 816.39 M and actual EPS of SGD 0.19

Singapore Land released FY2025 Q4 earnings on February 25 After-Market SGT, actual revenue SGD 222.11 M, actual EPS SGD 0.0559

Singapore Land FY2025 Annual Earnings Release on February 25, 2026 After-Market SGT

Singapore Land released FY2025 Q1 earnings on August 7 (SGT), actual revenue SGD 186.08 M, actual EPS SGD 0.039

Singapore Land released FY2025 Q2 earnings on August 7 After-Market (SGT), actual revenue SGD 186.08 M, actual EPS SGD 0.039

Singapore Land released FY2025 Semi-Annual earnings on August 7 After-Market (SGT), actual revenue SGD 372.16 M, actual EPS SGD 0.078

Singapore Land FY2025 Semi-Annual Earnings Release on August 7, 2025 (SGT)

Singapore Land released FY2024 9 Months Earnings on February 25 (SGT) with actual revenue of 551.62 M SGD and EPS of 0.135 SGD

Singapore Land released FY2024 Q3 earnings on February 25, 2025 (SGT), with actual revenue of 197 M SGD and EPS of 0.063 SGD

Singapore Land released FY2024 Annual Earnings on February 25, 2025 (SGT) with actual revenue of 748.62 M SGD and EPS of 0.198 SGD

Singapore Land released FY2024 Q4 earnings on February 25 (SGT), actual revenue 197 M SGD, actual EPS 0.063 SGD

Singapore Land to Release FY2024 Earnings on February 25, 2025 (SGT)

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Singapore Land Group (SingLand) has increased its stake in Novena Square to 40% by acquiring United Overseas Bank's shares in two joint ventures for $299 million. Additionally, Novena Square Investments purchased a strata lot for $19.5 million. The transactions, completed on May 15, 2026, aim to enhance SingLand's recurring income from stabilized assets amid ongoing redevelopment efforts. The remaining strata lots in Novena Square are valued at $1.5 billion.

Singapore Business Review

United Overseas Bank (UOB)

SingLand raises Novena Square stake with UOB share deal

FSTRE

Singapore's new condo buyers remain resilient despite global tensions affecting energy supply and economic growth. In March, the Pinery Residences, near Tampines West MRT station, successfully sold 544 out of 588 units during its launch weekend, indicating strong demand. The project features units above a 121,600 sq ft mall, highlighting the appeal of integrated living spaces.

Businesstimes News

FTSE Straits Times Index

STI ETF

Amova Singapore STI ETF

CapitaLandInvest

FTSE ST All-Share Index - Real Estate REITs

High per square foot prices of new condos could be increasingly irrelevant to buyers

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Singapore stocks and gold prices fell as the Middle East crisis escalated, pushing oil prices above US$100 a barrel. The Straits Times Index dropped 2.9% to 4,707.41, with Singapore Airlines and Yangzijiang Shipbuilding among the biggest decliners. Gold prices also declined, influenced by rising energy costs and concerns over prolonged high interest rates. Other Asian markets experienced similar declines, while local banks showed resilience due to their defensive nature. Analysts noted that local maritime stocks may serve as a hedge against energy disruptions, and the STI's strong dividend yields attract regional capital.

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S’pore stocks, gold extend drop as Middle East crisis deepens

With the completion of The Clifford in 2028, the supply of Grade A office buildings and retail space in the central business district is expected to increase by 46%. The new building is 35 stories high, with a net leasable area of 405,000 square feet, of which 21 floors are office space, representing an increase of about 60%. The owner, Singapore Land, is actively planning for future tenants and retailers, aiming to fill market supply gaps and create a service experience oriented towards hospitality

Zaobao

After reconstruction, The Clifford can fill the supply gap in Raffles Place market | Lianhe Zaobao

The Binhai Plaza redevelopment project is jointly developed by Singapore Land and UOL, with an expected launch of 702 private residential units planned for the fourth quarter of this year. Ismail, Executive Chairman of Bona Industrial, stated that the developers hope to launch the project within this year. Nian Weixin, President of UOL, mentioned that a proposal for the transformation was submitted to the relevant authorities in the second half of last year, and the project will be transformed into Singapore's first ultra-large mixed-use development project, including private residences, serviced apartments, and mixed-use buildings

The Binhai Plaza reconstruction project is expected to push 702 private residential units | Lianhe Zaobao

Singapore Land Group (SGX:U06) reported FY 2025 first half revenue of S$372.2 million and net income of S$111.4 million, with basic EPS of S$0.078. Despite revenue growth, net profit margin declined from 38% to 34.8%, raising concerns about profitability. Over five years, earnings have declined by 1% annually. The shares trade at a P/E of 18.9x, below peers but above the industry average, suggesting cautious investor sentiment. The analysis highlights the need for sustained profitability amidst margin pressures and a long-term earnings decline.

Simplywall

Singapore Land Group (SGX:U06) Margin Compression Challenges Bullish Earnings Narratives

The reconstruction of the Clifford Centre is underway and is expected to be completed in 2028, providing 405,000 square feet of net leasable area. The new building is being developed by UOL's Singapore Land and will consist of 35 floors, primarily for office, retail, and dining purposes. The office space will be approximately 360,000 square feet, while retail and dining will cover about 45,000 square feet. In addition, the new building will achieve three platinum-level certifications for green building, with an expected energy savings of over 40%

Geely Fortune Center reconstruction launched, providing over 400,000 square feet of rental space | Lianhe Zaobao

Singapore Land Group's net profit for the second half of 2025 is expected to decrease by 11% year-on-year to HKD 161 million, mainly due to losses from the fair value of real estate and foreign exchange losses. The board of directors has proposed a final cash dividend of 4.5 cents per share, to be distributed on May 28, 2026, with an ex-dividend date of May 6. Revenue for the second half is expected to increase by 6% year-on-year to HKD 415 million, driven by the acquisition of the commercial building at 388 George Street, Sydney, and improved performance of assets in Singapore. Revenue from the hotel business has declined due to weak performance

Singapore Land's net profit in the second half of the year decreased by 11% to 161 million, plans to distribute a dividend of 4.5 cents | Lianhe Zaobao

Singapore Land(U06.SG)