CapitaLand’s divestment of Nassim seen as a positive
SINGAPORE (Jan 17): RHB is in favour of CapitaLand’s divestment of the remaining 45 units in the The Nassim for a total of S$411.
SINGAPORE (Jan 17): RHB is in favour of CapitaLand’s divestment of the remaining 45 units in the The Nassim for a total of S$411.
SINGAPORE (Jan 17): City Developments is expected to pounce on more acquisition opportunities this year to capitalise on the current market weakness, says RHB.
SINGAPORE (Jan 17): Singapore's residential home sales including executive condominiums reached 12,432 units in 2016, an improvement of 21% over 2015 levels.
SINGAPORE (Jan 17): CapitaLand is acquiring a prime commercial site in the CBD of Ho Chi Minh City to develop its first international Grade A office tower in Vietnam.
Construction sector Maintain overweight: According to Construction Industry Development Board statistics, industry contract awards fell 28% quarter-on-quarter (q-o-q) to RM22.
SINGAPORE (Jan 16): CapitaLand has sold its entire stake in The Nassim for S$411.
PETALING JAYA (Jan 16): By 2030, Asia’s burgeoning smart home market will grow to US$115 billion (RM513 billion), accounting for 30% of the global share, according to global management consulting firm A T Kearney.
KUALA LUMPUR (Jan 16): China Railway International Corp Ltd (CRIC) believes that the consortium formed along with its peers has an advantage in bidding to be the asset owner of the 350-kilometre Kuala Lumpur-Singapore High Speed Rail (HSR), given the republic's track record in HSR projects, engineering talents and diplomatic relationship between Malaysia and China.
2016 was a rough year for the Johor property market.
JOHOR BAHRU (Jan 13): In conjunction with the lunar new year, TheEdgeProperty.