News about AP

KUALA LUMPUR (May 3): The first tender for the KL-Singapore high-speed rail (HSR) project will be called in the final quarter of 2017 for the purpose of setting up an assets company (AssetsCo), said Land Public Transport Commission (Spad) chairman Tan Sri Syed Hamid Albar.

SINGAPORE (May 3): The Singapore Land Authority (SLA) yesterday said it would conduct the first-ever price and quality tender for the conserved state property at 26, 28, 30, 32 and 36 Orchard Road for commercial use.

A strategic location and great connectivity to three major cities — Singapore, Jakarta, and Kuala Lumpur — has made Batam an alluring destination for MICE (meetings, incentives, conferences and events).

JOHOR BAHRU (MAY 2): The Iskandar Regional Development Authority (IRDA) is in the final stages of discussions on the Johor-Singapore Rapid Transit System (RTS).

SINGAPORE (May 2): The trustee manager of CapitaLand Commercial Trust (CCT) has entered into an agreement to divest One George Street into a concurrently-formed limited liability partnership – One George Street LLP (OGS LLP), which CCT has established with joint venture partner OGS (II), a special purpose vehicle owned by insurer FWD Group.

A week ago, Singapore permanent resident Ms Lew was just calculating the remaining lease on her 700 sq ft, three-room HDB flat in Marine Parade and wondering how much it could fetch in the resale market.

SINGAPORE (April 27): The manager of Mapletree Logistics Trust (MLT) has declared a distribution per unit (DPU) of 1.

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SINGAPORE (April 27): Shares of CapitaLand have climbed more than 23% year-to-date.

SINGAPORE (April 27): Suntec Real Estate Investment Trust (REIT) recorded a distribution per unit (DPU) of 2.