ARA Asset Management's 4Q earnings falls 28% to S$18.5 mil
SINGAPORE (Feb 10): REIT management company ARA Asset Management posted 28% lower earnings of S$18.
Renting out a room in Singapore just got harder with Planning Act Amendment
SINGAPORE (Feb 7): Leasing your apartment or room out on a short-term basis through homestay networking services such as Airbnb may very soon be ruled as illegal under Singapore law.
DONE DEAL: Light industrial lot in Bayan Lepas, Penang
Rented for: RM20,000 a month Concluded by: Jerome Eng Sitt Tatt (E 2316) of CBD Properties (Penang) Sdn Bhd (012-419 9298) When: October 2016 Noteworthy: ● Leasehold ● 1.
Living it up in LA
Luxury hotel operator Fairmont Hotels & Resorts, now part of the AccorHotels Group, has announced the signing of definitive agreements for the revitalisation and management of the historic Century Plaza Hotel, located in the heart of Century City in Los Angeles.
Ascendas Hospitality Trust posts 13.1% higher 3Q DPS of 1.64 cents
SINGAPORE (Jan 26): Ascendas Hospitality Trust saw DPS grow 13.
Indoor plants that you can’t ‘kill’ easily
IT’S nice to have small pots of plants in your house or at your desk in the office.
Run a home-sharing business at your own risk
EVER since the emergence of home-sharing start-ups, many property owners have been getting in on the home-sharing economy by converting their homes, be they houses or apartments, into short-term rental stays.
More than a designer
MEETING Dutch designer extraordinaire Piet Boon can be intimidating since he literally stands head and shoulders above many.
Natural air fresheners from mother earth
THOUGH the market offers numerous quick fixes for every problem, from indigestion to removing rust, at a certain price of course, most remedies can be found at a mere fraction of the cost of the commercial ones.
DONE DEAL: 1-storey factory office, Bayan Lepas, Penang
Rented for: RM58,000 a month (average RM2 psf) Concluded by: Roy Lim (REN 08368) of Khoo Associates Realty (012-431 1122) When: Sept 28, 2016 Noteworthy: ● Leasehold ● Located in Bayan Lepas Free Industrial Zone Phase 1 ● Built-up size: 50,000 sq ft of which 29,000 sq ft was rented ● Located about 4km away from Penang International Airport and Penang Second Bridge, 18km away from Georgetown, and 11km away from Penang Bridge.
