HSR agreement relevant to local players
Construction Maintain overweight: A legally binding bilateral agreement for the much anticipated KL-Singapore high-speed rail (HSR) was signed on Tuesday at the Prime Minister’s office in Putrajaya.
Banyan Tree enters into strategic collaboration with AccorHotels
SINGAPORE (Dec 8): Banyan Tree Holdings announced that it has entered into a strategic collaboration with hotel giant AccorHotels which is investing S$24 million in the operator of luxury resorts.
Selangor Dredging buys property in Singapore for RM147 mil
KUALA LUMPUR (Dec 8): Selangor Dredging Bhd (SDB) has proposed the acquisition of a freehold property in Singapore’s Serangoon Road for S$47 million (RM146.
KL-Singapore HSR progressing well, agreement to be signed next week, says Najib
ISKANDAR PUTERI (Dec 6): Prime Minister Datuk Seri Najib Tun Razak (pictured) has described the progress of the Kuala Lumpur-Singapore High-Speed Rail (HSR) as "well and good", Bernama reported today.
Battle of Singapore property plays in a risk-averse environment
SINGAPORE (Dec 6): Maybank Kim Eng is maintaining a “neutral” stance on Singapore’s property sector while positioning defensively at the lower end of the risk spectrum, expressing a preference for exposure to stable platforms over trading portfolios.
S-REIT yields are down 3%. Bolt or buy?
SINGAPORE (Dec 5): RHB Research is maintaining its “overweight” rating on the property sector as yields of Singapore REITs overtook 10-year government bond yields by 4.
‘Impression Melaka tourist arrival target achievable’
KUALA LUMPUR (Dec 5): Property developer Yong Tai Bhd is confident of achieving its target of drawing one million tourists annually to its Impression Melaka theatre.
CapitaLand Retail China Trust gears up for the future
SINGAPORE (Dec 2): DBS is optimistic on CapitaLand Retail China Trust (CRCT) upgrading it to a “buy” call with a target price of S$1.
Collective sales sputtering back to life
AFTER a two-year drought with zero sales in 2014 and the lone en bloc deal of Thong Sia Building last year, the recent three deals topping S$1 billion foreshadow an awakening of the collective sale market.
