Aspen sees 2.5 times jump in 1Q profit, driven by progress of ongoing projects
KUALA LUMPUR: Singapore-listed Aspen (Group) Holdings Ltd's net profit grew about 2.
S P Setia earnings expected to recover gradually this year
S P Setia Bhd (May 15, RM3) Maintain outperform with a target price (TP) of RM4.
Damansara Realty, Chinese firm to jointly bid for JB-S'pore RTS project
KUALA LUMPUR (May 8): Damansara Realty Bhd is teaming up with China State Construction Engineering (M) Sdn Bhd (CSCEM) to tender for the 4km Johor Baru-Singapore Rapid Transit System (RTS) railway project.
Aspen and Singapore’s Oxley in strategic partnership via share placement
PETALING JAYA (April 30): Singapore-listed property developer Aspen (Group) Holdings Ltd has entered into a placement agreement with Oxley Holdings Ltd, a Singaporean property developer, to raise about RM69 million in gross proceeds for the acquisition of landbank, future developments and working capital.
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More than just renting a place
Inspired by the co-working trend, people are now more open to the idea of space-sharing with strangers.
HDB flat buyers would pay 3% more for a greener neighbourhood
SINGAPORE (April 25): The presence of green spaces can bring up the value of a public housing apartment, and on average, people would pay 3% more to live in a greener neighbourhood.
REIT managers say SC's REIT guideline amendments will drive market's growth
KUALA LUMPUR (April 24): The liberalisation in the permissible list of activities provides alternative growth opportunities to Malaysian Real Estate Investment Trusts (M-REITs) in the areas of acquiring vacant land to undertake property development activities, acquisition of assets with provision of income support and investments through private leases, said the Malaysian REIT Managers Association (MRMA).
KL-Singapore HSR AssetCo tender extended from June to December
KUALA LUMPUR (April 19): The deadline for submission of bids for the Asset Company (AssetCo) tender for the Kuala Lumpur to Singapore High Speed Rail (KL-Singapore HSR) called by MyHSR Corp Sdn Bhd and SG HSR Pte Ltd, has been extended from June 29 to Dec 28, 2018.
S’pore seeks public feedback on short-term rentals
PETALING JAYA (April 16): Singapore (pictured) has begun seeking public feedback on allowing private rents to be rented on a short-term basis, similar to those on Airbnb, reported Reuters.
Hmlet to launch 2nd sole co-living building in Newton, S’pore
PETALING JAYA (April 10): Singapore-based co-living startup Hmlet is set to launch its second building named Hmlet @ Sarkies in Singapore, which will see the whole building dedicated entirely for co-living.
