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.
Lendlease unveils Park Place Residences at PLQ
AUSTRALIAN-listed property developer and infrastructure group Lendlease will preview Park Place Residences at Paya Lebar Quarter (PLQ) on March 11.
Ascendas-Singbridge to redevelop CPF Building for S$1 bil
IN 2020, a 180m-tall Grade-A office building will replace the former CPF Building.
Singapore commercial real estate to attract US$5.5 bil of new capital in 2017
SINGAPORE (March 15): Singapore could attract some US$5.
Developer sales in S'pore soar in February
SINGAPORE (March 15): Developers sold 977 private homes in February, more than double from 382 in January.
EL Development sells 43 Parc Riviera units in one week
EL Development sold 43 units at Parc Riviera between Feb 14 and 21, making the 752-unit development on West Coast Vale the top-selling condominium in the week.
Making retail malls great again
THE secret to happiness is to spend money on experiences and not things, says Thomas Gilovich, a psychology professor at Cornell University.
Prime property portfolio makes this Malaysian developer a solid bet
SINGAPORE (March 14): UOB Kay Hian is starting coverage of Hatten Land with a “buy” call and a target price of 43 Singaporean cents.
Sime Darby clarifies why it aborted Saizen REIT RTO
KUALA LUMPUR (March 14): Sime Darby Bhd clarified yesterday that it could not meet the deadline to complete the reverse takeover (RTO) of Singapore-listed Saizen Real Estate Investment Trust (REIT) because circulars to Saizen REIT’s unitholders were not issued on time.
$4.92 mil loss at Orchard Scotts
THE top two losses for private non-landed homes sold in the week of Feb 14 to 21 were for units in Orchard Scotts, a 99-year leasehold condominium in prime District 9 completed in 2008.
