Picorp disposes of Saudi property for RM5.1 mil
KUALA LUMPUR (April 4): Loss-making Progressive Impact Corporation Bhd (Picorp) is disposing of a commercial villa in Saudi Arabia for 4.
Ascott to build Citadines serviced residences in Brazil
SINGAPORE (April 4): CapitaLand’s wholly-owned serviced residences business unit, The Ascott Ltd, is expanding into South America with franchise agreements for two Citadines-branded serviced residences in São Paulo, Brazil.
8 reasons high-rises are climbing the popularity chart
WHEN CK Lau’s family decided to shift from a spacious semi-dee house to a smaller 1,279 sq ft condo unit five years ago, relatives and friends wondered if the Laus were having trouble making ends meet.
Singapore’s property market to benefit from population and economic growth ahead
SINGAPORE (April 3): Singapore’s property market is expected to benefit from a number of government policy changes that have recently begun to take effect, according to recent research data published by JLL.
GIC in joint venture to own, develop mixed-use complex in Jakarta
SINGAPORE (April 3): Singapore sovereign wealth fund GIC announced Monday that it has formed a joint-venture with Indonesian property developer PT Intiland Development Tbk to own and manage an integrated mixed-use complex in Indonesia.
Singapore REITs get an upgrade as Fed doves & hawks tussle
SINGAPORE (April 3): CIMB Research is upgrading its sector outlook on Singapore REITs (S-REITs) from “underweight” to “overweight” on a dovish Fed outlook in addition to a potential sector re-rating ahead of a broader physical recovery in 2018.
Singapore eDevelopment auditors’ cast doubt on group’s ability to continue as going concern
SINGAPORE (April 3): Singapore eDevelopment says its independent auditor, Ernst & Young LLP, has included an emphasis of matter in its report on the audit of the financial statements of the group for the FY2016 ended December.
Forest City's Chinese buyers face hefty penalty clause
KUALA LUMPUR (April 3): Mainland Chinese purchasers of homes in Forest City, Country Garden’s megaproject in Johor, are now staring at the daunting prospect of having to pay a penalty of 30% of the purchase price for pulling out of the deal.
More thought has to be put into building designs
PETALING JAYA: As homes are now regarded as lifestyle investments, greater thought has to be put into their design and finishing.
