CityDev’s FY2016 earnings fall 15.5% to S$653.2 mil on absence of PPS profit
SINGAPORE (Feb 23): City Developments Ltd (CDL) reported FY2016 earnings of S$653.
UOA Development 4Q earnings multiply threefold, proposes 15 sen dividend
KUALA LUMPUR (Feb 22): UOA Development Bhd’s net profit multiplied threefold to RM345.
High living
Back in my student days in England, I shared a flat with a wonderful bunch of guys.
IOI Properties to launch up to RM2.5 bil worth of projects in 2017
PUTRAJAYA (Feb 13): IOI Properties Group Bhd is looking to launch property projects worth an estimated gross development value (GDV) of RM2 billion to RM2.
4Q2016 London office take-up rate the highest since 3Q2015
KUALA LUMPUR (Feb 8): Central London’s office take-up rate for the final quarter of 2016 has totalled 3.
Proposed Stamp Act changes cause a stir
SOME proposed amendments to the Stamp Act 1949, which seek to impose stricter requirements on the stamping of contracts, have caused a stir among property developers who worry that the amendments will push up their cost of doing business.
Block 2 of D’Camellia apartments at Setia EcoHill opens for sale from RM262,000
PETALING JAYA (Jan 20): S P Setia Bhd will launch its final block of D’Camellia affordable apartments at Setia EcoHill, Semenyih, Selangor this weekend (Jan 21 and 22).
Klang Valley real estate hotspots for 2017
It’s the New Year and while 2017 isn’t expected to be any different from the rather “meh” 2016, it should not be all gloom and doom.
CapitaLand in alleged lease dispute with UK art gallery
SINGAPORE (Jan 4): Franses Gallery, a London-based UK art gallery, says it is currently in the midst of a “bitter [court] dispute” with CapitaLand over a new 15-year lease of purpose-built premises within the Singapore-listed property developer’s Ascott-branded Cavendish Hotel.
