In less than two years, Singapore-based Lee Rubber Co (Pte) Ltd has divested itself of at least four assets in Malaysia, namely in Johor, Kuala Lumpur and Penang. The group is expected to dispose of two more properties in the coming months.

They are Impiana Sky Residensi and Paraiso.

Excluding certain one-off items, ARA Asset’s adjusted net profit in 4Q improved by 4% at S$21.0 million, compared with S$20.1 million a year ago.

This will be Zepp Hall’s first facility out of Japan.

EPF is evaluating about one trillion won (RM3.86 billion) worth of investments in South Korea's commercial real estate.

In May last year, O&C Resources Bhd (OCR) shareholders gave the rubber and baby products manufacturer the greenlight to diversify into property development.

Property prices in Johor’s Iskandar Malaysia is expected to drop in 2017 due to weak market sentiments and other challenges, but there are opportunities for developers to target buyers from overseas.

Sold for: RM435,000 (RM753 psf); Concluded by: Derrick Hum (REN 10765) of Property Exchange (012-723 0309); When: October 2016

The higher revenue and PBIT were mainly fuelled by higher contributions from FCL’s Singapore strategic business unit (SBU) and international business unit.

Singhaiyi says the Singapore real-estate market is expected to be soft in the coming year, while the real estate market in the US remains stable.