Here’s why CityDev is still RHB’s preferred pick
SINGAPORE (March 23): RHB is keeping City Developments (CDL) at “buy” with a higher target price of S$11.
CapitaLand Commercial Trust and CapitaLand Mall Trust set up US$2 bil Euro-medium term note programme for RCS Trust
SINGAPORE (March 23): The trustee managers of CapitaLand Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) has established a US$2 billion (S$2.
Asian cities are getting more expensive, Singapore tops the list for 4th consecutive year
PETALING JAYA (March 23): According to the “Worldwide Cost of Living Survey 2017” by The Economist Intelligence Unit (EIU), Singapore is the most expensive city in the world, with Asia being home to five out of the top six priciest cities in the survey.
Beyond easing the seller’s stamp duty
The government recently announced that the seller’s stamp duty and holding period would be lowered for residential properties bought on and after March 11.
Mapletree Business Centre officially opens in Ho Chi Minh City
SINGAPORE (March 22): Mapletree Investments has officially launched Mapletree Business Centre, its first office development in Vietnam, at District 7 of Ho Chi Minh City (HCMC).
Spore's PropNex Realty goes regional, starting with Indonesia
After 17 years, home-grown real estate agency PropNex Realty has finally decided to venture overseas.
IOI Properties rights issue oversubscribed by 136.73%
KUALA LUMPUR (March 21): IOI Properties Group Bhd’s rights issue has been oversubscribed by 136.
Two condo sellers reap profits of more than S$2 mil
TWO sellers made profits of more than S$2 million (RM6.
Singapore REITs and developers to ‘buy’ on improving economic fundamentals
SINGAPORE (March 17): As global economic fundamentals begin to improve, DBS Vickers Securities is expecting prices to be supported for Singapore REITs (S-REITs) in the near term given earlier fears that the Fed would be more hawkish.
SPH REIT upgraded to ‘buy’ on potential mall acquisition
SINGAPORE (March 16): DBS Group Research has upgraded SPH REIT to “buy”, from “hold” previously, and raised its target price by 3% to S$1.
