Trepidation ahead of Singapore REITs 2Q results

SINGAPORE (July 14): Daiwa Capital Markets is keeping its “positive” rating on Singapore Real Estate Investment Trusts (S-REITs), but has “low expectations” ahead of announcement of 2Q16 results by the 14 S-REITs under its coverage starting Friday.

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Infinity pool glass panels at Singapore condo crashes

PETALING JAYA (July 9): The glass panels of a fifth-storey infinity pool at the Cradels condominium in Whampoa, Singapore, crashed to the ground yesterday, sending shattered glass flying across the condo compound and water pouring from the pool, reported the Straits Times.

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GEM Residences 55% sold

PETALING JAYA (June 28): The GEM Residences condominium jointly developed by Gamuda Land, Evia Real Estate and Maxdine Pte Ltd, in Toa Payoh, Singapore, has achieved a take-up rate of 55% since its launch on May 28, said Gamuda Land in a statement today.

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