CityDev to buy Ransomes Wharf site for S$104 mil
SINGAPORE (Feb 3): City Developments is acquiring from Curatus Trust the freehold Ransomes Wharf site at Battersea London for £58 million (S$103.
10th Malaysian Property Summit to focus on sustainability of property market
PETALING JAYA (Feb 3): Rising interest rates in the US have sparked concerns that it will impact the rest of the world including Malaysia’s property sector.
DONE DEAL: Light industrial lot in Bayan Lepas, Penang
Rented for: RM20,000 a month Concluded by: Jerome Eng Sitt Tatt (E 2316) of CBD Properties (Penang) Sdn Bhd (012-419 9298) When: October 2016 Noteworthy: ● Leasehold ● 1.
Berjaya Land buys 0.9% stake in 7-Eleven Malaysia
KUALA LUMPUR (Feb 2): Berjaya Land Bhd has acquired 10 million shares or a 0.
Sime Darby restructure could lead to de-rating
KUALA LUMPUR (Feb 2): Sime Darby Bhd’s restructuring plan to create three stand-alone businesses in the plantation, property as well as trading and logistics sectors could lead to a potential de-rating of the stock, say analysts.
IHH Healthcare unit to buy freehold land, private hospital in Manjung
IHH Healthcare Bhd (Jan 31, RM6.
Kerjaya Prospek eyes RM800m new jobs this year
KUALA LUMPUR (Feb 2): Construction company Kerjaya Prospek Group Bhd, formerly Fututec Bhd, hopes to secure more construction jobs to meet its internal replenishment order book target of RM800 million for the current year ending Dec 31, 2017 (FY17), according to its executive chairman Datuk Tee Eng Ho.
Overlooked corner of Singapore — Moonstone Lane, St Michael’s area
WHEN Malaysia-listed developer Selangor Dredging Bhd (SDB) announced early last month that it was buying a freehold site in Serangoon Road from National Aerated Water Company for S$47 million, it brought attention to a neighbourhood off Serangoon Road that has been overlooked for some years.
