FOR Singapore developers without a legacy landbank, the concept of buying land at a low price and selling the project on it at a high price is no longer relevant given the surfeit of liquidity fuelling competition for land.

LAST week, two established property groups reported decent results for the financial year ended June 30, 2021 (FY 2021).

THE following companies saw new developments that may affect trading of their securities on Friday:

PROPERTY developer GuocoLand has posted a 48 per cent year-on-year increase in net profit to S$169.1 million for the full year ended June, despite a 9 per cent fall in revenue.

PROPERTY developer GuocoLand has posted a 48 per cent year-on-year increase in net profit to S$169.1 million for the full year ended June, despite a 9 per cent fall in revenue.

GuocoLand has announced that its earnings for FY2021 ended June came in 48% higher at $169.1 million, compared to $114.1 million in FY2020, thanks to the group's efforts to cut overall expenses and costs. Revenue for the period was 9% lower at $853.7 million from $934.8 million a year ago, mainly du...

THE Business Times (BT) is organising two events on global megatrends and their implications for businesses, with property developer GuocoLand as the presenting sponsor.

GUOCOLAND, OCBC and local fintech Doxa have formed a strategic partnership to develop and pilot the built environment industry's first end-to-end digital workflow solution, Doxa Connex for Developers.

THE Urban Redevelopment Authority (URA) on Thursday said has it awarded the tender for Lentor Central site to GLL D Pte Ltd. This comes nearly a week after the tender closed with nine bids.

RESIDENTIAL land prices continue to rise, reflecting developers' optimistic outlook on private home prices and continuing hunger for land, going by the latest state land tender closings.