Buying into Vietnam’s sizzling market
Singaporean businessman and property investor Alvin Ong relocated with his family to Ho Chi Minh City in Vietnam in 2012.
AECOM bags Reference Design Consultant package for KL-Singapore HSR project
KUALA LUMPUR (May 8): MyHSR Corp Sdn Bhd has appointed American multinational engineering firm AECOM for civil reference design works for the high speed rail (HSR) infrastructure, which stretches from the south of Iskandar Puteri Station to the international border of Malaysia and Singapore.
ECM Libra identifies hotel ops as new core business
KUALA LUMPUR (May 5): ECM Libra Financial Group Bhd has identified hotel management and ownership as its new core business after disposing of its investment banking and securities business in 2012.
Manulife US REIT expected to continue to ride on strong U.S. office market
SINGAPORE (May 4): Following its better-than-forecasted 1Q results, Manulife US REIT (MUST) is expected to remain solid, according to RHB Research.
ARA Asset Management said to mull purchase of Sydney CBD tower
SINGAPORE (May 4): ARA Asset Management, the Singapore manager of REITs, is said to be eyeing the purchase of 320 Pitt Street, a major tower located in Sydney’s central business district which is being sold by a fund managed by Propertylink Group.
Hot spots for foreign buyers in Singapore’s residential market
Foreigners are expected to make a comeback in Singapore’s residential property market after shying away from it since 2012 following the imposition of the additional buyer’s stamp duty (ABSD).
First tender for KL-Singapore high-speed rail assets up in 4Q2017
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 seeks first price and quality tender
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.
Oxley positions Batam as a convention city
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).
Perils of owning ageing leasehold properties in S'pore
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.
