News about Singapore

LAND Pacific Development Sdn Bhd may be a new kid on the block, but it is very ambitious.

IOI Properties Group Bhd May 30 (RM2.

PETALING JAYA (May 25): Singapore-based Centennial Business Suites Pte Ltd aims to open a second serviced office next year in the KL city centre, said Centennial Business Suites KL centre manager Camy Chow.

IN urban centres where home sizes are shrinking and real estate values are high, one may need to consider ways to get more space, especially storage space.

PETALING JAYA (May 11): M+S Pte Ltd (M+S) – a joint venture company between Malaysia’s Khazanah Nasional Bhd and Singapore’s Temasek Holdings – held a topping-out ceremony for its DUO integrated development at the Ophir-Rochor district in Singapore, the developer said in a press statement today.

KUALA LUMPUR (May 11): Malaysia and Singapore were the sixth most preferred property investment countries for China investors in 2015, ahead of Japan (seventh) and Hong Kong (eighth), according to Australian property investment portal Investorist.

KUALA LUMPUR (May 9): Malaysia’s first Oakwood hotel and serviced apartments – formerly the Nomad SuCasa Hotel – is scheduled to open in September this year, said property owner Plenitude Bhd.

KUALA LUMPUR (May 6): DRB-Hicom Bhd’s divestment plan to pare down high borrowings seems to have hit a snag.

KUALA LUMPUR (May 4): Blackstone Group LP is in negotiations to buy industrial properties owned by Sime Darby Bhd in Australia, according to a report by Bloomberg.

SINGAPORE (May 4): The recent top three unprofitable deals on existing housing chalked up losses close to S$5 million (RM14.