THE goal posts for Surbana Jurong have just moved by a notch, after initial targets were exceeded earlier than planned on the back of successive acquisitions.

Still on a prowl for more acquisitions, the urban and infrastructure consultancy is now aiming for S$3.8 billion in revenue and 20,000 employees globally in the next three to five years.

Meeting these targets will signal a more-than-doubling of revenue from S$1.5 billion as at end-2017 and a jump in staff strength from more than 13,500 employees currently.

SINGAPORE-LISTED SingHaiyi Group is well-aware of industry perception of the group as a foreign-owned developer and hopes to change that with its upcoming residential projects on the collective sale sites that it recently secured.

While looking to build its branding in property development with an emphasis on product quality, it will also continue its diversification from residential projects to commercial development here and abroad.

The group …