News about Singapore

SINGAPORE (March 7): The rights issue by Ascott Residence Trust to raise S$442.

SINGAPORE (March 7): OCBC Investment Research is maintaining its “overweight” on local REITs identifying bright spots in certain sub-sectors as well as the potential for bargain hunting even as the sector begins to pullback.

SINGAPORE (March 7): Ascott Residence Trust has launched a fully underwritten renounceable rights issue to raise S$442.

PETALING JAYA (March 7): Eco World Group Development Bhd (EcoWorld) is providing one-stop industrial and property services to the owners of the second phase of Eco Business Park 1 (EBP 1) in Johor to help them set up their businesses there.

The soft opening of Ascott Orchard Singapore on Dec 1, 2016 marked the return of the Ascott The Residence brand to Orchard Road after a decade-long hiatus.

INTEREST in luxury homes typically picks up once they are completed as well-heeled buyers can personally inspect the design and quality of the project.

SINGAPORE (March 6): Singapore is revealed as the third most expensive city in Asia for construction, following Hong Kong and Macau, according to the International Construction Costs Index published on Monday by built assets design and consultancy firm Arcadis.

SINGAPORE (March 6): The high court has dismissed the winding-up applications for three of Perennial Real Estate Holdings’ associated joint venture (JV) companies, namely: Capitol Investment Holdings, Capitol Retail Management and Capitol Hotel Management.

SINGAPORE (March 6): Property group UOL is acquiring Hilton Melbourne South Wharf for A$230 million (S$246 million) (RM776 million).

WHEN Colin Tan took over a company called Lianbang Ventures in 2005 in order to revive an abandoned shopping mall project in Melaka, his friends used to tease him about the firm’s name.