Singapore REITs outlook cloudy as rate hike looms following Trump triumph
SINGAPORE (Nov 16): Dark clouds are gathering for Singapore real estate investments trusts (REITs).
Hua Yang marks debut in Penang with Meritus Residensi
PETALING JAYA (Nov 16): Hua Yang Bhd has marked its entry into Penang’s property market with its maiden residential project, Meritus Residensi, located at Jalan Baru, Seberang Perai, Penang.
Melbourne No 1 in the world for expats; Singapore No 1 in Asia
PETALING JAYA (Nov 16): Melbourne, Australia took the No 1 spot as the best city for expats while Singapore emerged as the best city in Asia for expats — the only Asian city that made it into the Top 10 overall ranking of the third annual InterNations Expat Insider 2016 survey.
EcoWorld and EPF to jointly develop Eco Grandeur and Eco Business Park V
PETALING JAYA (Nov 15): Eco World Development Group Bhd (EcoWorld) and the Employees Provident Fund (EPF) will jointly develop Eco Grandeur and Eco Business Park V in Kuala Selangor, following a subscription and shareholders agreement (SSA) inked by both parties.
Singapore eDevelopment to raise up to US$10 mil with bonds issue
SINGAPORE (Nov 15): Singapore eDevelopment is proposing to issue corporate bonds to raise up to US$10 million (S$14.
AmFIRST REIT reports higher 1HFY17 NPI of RM35.6 mil
KUALA LUMPUR (Nov 15): AmFIRST Real Estate Investment Trust’s (AmFIRST REIT) net property income (NPI) rose 23.
Sustainable architecture is more than just about the building
PETALING JAYA (Nov 12): Sustainable building and design are the current buzzwords in the building and construction industry but sustainable architecture is now moving beyond merely hardware development, according to global award-winning architects.
Boustead Plantations said to be seller of Seberang Perai land to S P Setia
KUALA LUMPUR (Nov 11): S P Setia Bhd, which had on Wednesday announced that it had won a tender to purchase 1,675-acre piece of land in Seberang Perai Utara, Penang for RM620 million, is purchasing it from Boustead Plantations Bhd, sources told The Edge Financial Daily.
Ho Bee Land posts a 32% rise in 3Q earnings to S$27 mil on sales from Australia
SINGAPORE (Nov 10): Ho Bee Land reported a 31.
Oakwood Hotel & Residence Kuala Lumpur targets 70% occupancy rate
KUALA LUMPUR (Nov 10): Malaysia’s first Oakwood hotel and residence, Oakwood KL, — formerly the Nomad SuCasa Hotel — is eyeing to achieve an average occupancy rate of 70% backed by strong demand from business and leisure travellers, according to Oakwood Hotel & Residence Kuala Lumpur director of sales and marketing Kenny Goh (pictured).
