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The soft opening of Ascott Orchard Singapore on Dec 1, 2016 marked the return of the Ascott The Residence brand to Orchard Road after a decade-long hiatus.

INTEREST in luxury homes typically picks up once they are completed as well-heeled buyers can personally inspect the design and quality of the project.

SINGAPORE (March 6): Singapore is revealed as the third most expensive city in Asia for construction, following Hong Kong and Macau, according to the International Construction Costs Index published on Monday by built assets design and consultancy firm Arcadis.

SINGAPORE (March 6): The high court has dismissed the winding-up applications for three of Perennial Real Estate Holdings’ associated joint venture (JV) companies, namely: Capitol Investment Holdings, Capitol Retail Management and Capitol Hotel Management.

KUALA LUMPUR (March 6): Iskandar Waterfront City Bhd's (IWCity) single largest shareholder Iskandar Waterfront Holdings Sdn Bhd has been exploring a restructuring exercise involving IWCity.

SINGAPORE (March 6): Property group UOL is acquiring Hilton Melbourne South Wharf for A$230 million (S$246 million) (RM776 million).

KUALA LUMPUR (March 6): Mah Sing Group Bhd will issue up to RM1 billion worth of perpetual securities or bonds to finance the property developer's land acquisitions and working capital requirement.

PETALING JAYA (March 6): United Malayan Land Bhd (UMLand), via its wholly-owned subsidiary Seri Alam Properties Sdn Bhd, has inked a memorandum of understanding (MoU) with Chong Wei Binajaya Sdn Bhd to develop part of the proposed Lee Chong Wei International Sports City.

Bina Puri Holdings Bhd (March 3, 43 sen) Maintain hold call with a revised target price (TP) of 49 sen: Bina Puri Holdings Bhd’s financial year ended Dec 31, 2016 (FY16) core profit of RM12.

KOTA KINABALU (March 6): Titijaya Land Bhd, which is making its debut venture in Sabah via an RM575 million waterfront mixed development in Kota Kinabalu with a Chinese partner, aims to capitalise on tourism and recreational activities in the state to fuel demand for its projects.