Singapore retail rents fall 2.7% in 3Q21; prices stay flat
This marks the seventh consecutive quarter of decline in Singapore retail rents, widening from the 0.5% fall in 2Q2021. Retail rents have fallen 21% from pre-Covid-19 levels in 4Q2019
Hatten Land sells Melaka land for RM25.8m
The leasehold vacant land measuring 3.781ha was originally slated to be developed into an integrated mixed development that will comprise a shopping mall, cineplex, convention hall and auditorium, meeting rooms, a hotel block and a serviced apartment block
Hatten Land signs MOU for subsidiary The Medici-Watermark to manage Melaka shopping malls
The Medici-Watermark is an indirect 60%-owned subsidiary of Hatten Land
Genting Singapore-led consortium submits bid for Yokohama integrated resort
Genting Singapore is leading a consortium comprising Sega Sammy Holdings, Sohgo Security Services Co, Kajima Corporation, Takenaka Corporation and Obayashi Corporation
Innopac to enter joint venture to develop land in Perak into an industrial park
Awana Rentak currently owns 48.4 acres of industrial land in Tanjung Malim, which it has unsuccessfully tried to sell in the last two years.
Aspen reports 3.8 times growth in FY2020 earnings of RM71.4m; aims to accelerate rubber gloves manufacturing
The group noted that despite the tough economic impact of Covid-19, operating revenues were sustained from sales and construction of projects such as Vertu Resort and Beacon Executive Suites as well as sales from completed projects such as Tri Pinnacle and Vervea.
