News about Singapore

SINGAPORE (June 28): The Ascott Ltd, CapitaLand’s wholly-owned residence business unit, has secured seven new contracts to manage over 1,300 apartments across six cities in China.

KUALA LUMPUR (June 23): The takeover offer for Wing Tai Malaysia Bhd at RM1.

SINGAPORE (June 23): UOL and Haw Par have entered into a share swap deal for shares in United Industrial Corporation (UIC).

SINGAPORE (June 22): Consortium partners Singapore Press Holdings (SPH) and Kajima Development plan to develop over 600 residential units with a retail/commercial component of roughly 310,000 sf gross floor area at the Bidadari site they recently won.

KUALA LUMPUR (June 21): The upcoming tender to appoint a privately financed assets company (AssetsCo) for the development of the Kuala Lumpur-Singapore high-speed rail (HSR) project may see up to 10 bidding consortiums, said MyHSR Corp Sdn Bhd chief executive officer Mohd Nur Ismal Mohamed Kamal.

PETALING JAYA (June 16): BuildTech Yangon 2017, which focuses on the value chain for the build environment sector in Myanmar, has helped to establish a green network in the field of green building and architecture in the country.

SINGAPORE (June 15): The Ascott, CapitaLand’s serviced residence business unit, has won contracts to manage its first three properties under its lyf brand in China and Singapore.

SINGAPORE (June 15): Entities linked to Singapore Press Holdings Ltd (SPH) and Kajima Development Corp have placed the top bid at a state tender for a 99-year-leasehold mixed commercial and residential site in Bidadari Estate, Singapore.

Singaporean Jerry Tan, flamboyant founder and managing director of specialist luxury property realtor JTResi, bought a waterfront villa at Emerald Bay in Puteri Harbour, Iskandar Malaysia, when the site was still bare.

SINGAPORE (June 13): PropNex Realty is merging with Dennis Wee Group (DWG) to form what will be Singapore’s largest property agency with close to 7,000 salespersons.