News about Singapore

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.

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.

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.

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.

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.

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.

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.

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.

Kimlun Corp Bhd (Nov 30, RM2.

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.