2021

ASPEN Park Hills (APH), the indirect subsidiary of Malaysian developer and glove maker Aspen (Group) Holdings, has terminated its conditional share and purchase agreement with Geo Valley to purchase land in Penang, Malaysia. The Business Times - Read...

POISED to close 2021 on a high, the property sector was set for a holly, jolly Christmas after blithely shrugging off two Covid-19 variants and multiple headwinds in the construction sector this year. The Business Times - Read...

A CONSORTIUM of purchasers looking into buying over all of EC World Reit's interest in all of its properties has backed out, the real estate investment trust's (Reit) manager announced in a bourse filing on Tuesday (Dec 28) night. The Business Times - Read...

POISED to close 2021 on a high, the property sector was set for a holly, jolly Christmas after blithely shrugging off two Covid-19 variants and multiple headwinds in the construction sector this year. The Business Times - Read...

AFTER a blockbuster year, the volume of bungalow deals in Good Class Bungalow (GCB) Areas is set to ease in 2022 as much of the supply available for sale has been taken off the market following the strong sales momentum between the fourth quarter of 2020 and Q3 2021. The Business Times - Read...

Singapore rents hit a six-year high, fuel expat housing woesURA data revealed that the rental price index has increased to 111.3 in Q3 2021, its highest since Q1 2015; private property which cost $2,500 and $4,000 in monthly rental fees see high demand. Singapore saw home rents increase to a six-year high, with analysts expecting further hikes as demand outweighs supply, reported Bloomberg. The hike has...

BRIGHTER days may lie ahead for office landlords here. Commenting on the outlook for its Singapore office portfolio, which is concentrated in the Central Business District (CBD), the manager of Suntec Reit said in its third quarter 2021 update that rent recovery will continue, supported by limited new supply and demand from growth sectors such as technology, media, telecom, financial services and...

KEPPEL DC Reit is acquiring a data centre in Bracknell, the United Kingdom, which is part of the Greater London urban area, for £57 million (S$105.5 million). The Business Times - Read...

HATTEN Land shares soared 19.2 per cent amid heavy trading on Monday (Dec 27) after the Malaysian property developer announced a partnership with Huawei International. The Business Times - Read...

ASCOTT Residence Trust (ART) will acquire four student accommodation assets with a total of 1,651 beds in the United States for US$213 million (S$291.2 million), managers of the stapled group announced on Monday (Dec 27). The Business Times - Read...