News about Singapore

SINGAPORE (July 5): OCBC Investment Research is keeping its “neutral” rating on Singapore’s residential property sector amid “one of the longest property bears in recent history”.

TEAMBUILD Land, the property development arm of Teambuild Construction, has developed 20 residential developments and one mixed-use development totalling 910 units over the last eight years.

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.

SOVEREIGN wealth fund Qatar Investment Authority (QIA) has purchased Asia Square Tower 1 for S$3.

OF late, Hong Kong buses and trams have been plastered with posters of movie stars in striking kungfu stances.

SINGAPORE (June 22): GuocoLand on Wednesday announced that 70% of retail space at Tanjong Pagar Centre has been taken up, ahead of the development’s scheduled completion in 3Q16.

THERE have been times when presti­gious brands known for offering­market-leading luxury have joined forces to come up with unique offerings.

WHO: Combining the old with the familiar and coming up with something unexpected is how Singapore-based designer Jarrod Lim describes his creative process.

SINGAPORE (June 15): Property group CapitaLand announced that it is setting up a venture fund, C31 Ventures, to tap global tech start-ups in its ongoing effort to “innovate and build real estate of the future”.

SEOUL (June 6): The South Korean ministry of land, infrastructure and transport (Molit) plans to engage with the relevant parties in Malaysia to promote its high-speed rail (HSR) technology, in a move to facilitate a South Korean consortium’s bid for the upcoming 375km Kuala Lumpur-Singapore HSR project.