It's official: the Obamas are Washington homeowners
WASHINGTON (June 2): Former US president Barack Obama and his wife Michelle initially decided to stay in Washington once he left the White House so their daughter Sasha could finish high school.
Ascott Residence Trust acquires Doubletree by Hilton hotel in Manhattan for S$148 mil
SINGAPORE (May 31): Ascott Residence Trust (ART) is acquiring DoubleTree by Hilton Hotel New York – Times Square South for US$106 million (S$148.
Fajarbaru 3Q earnings surges eight times on property development revenue
KUALA LUMPUR (May 31): Fajarbaru Builder Group’s net profit in the third quarter ended March 31, 2017 (3QFY17) grew close to eight times to RM22.
Mulpha 1Q net loss narrows on higher property, investment profits
KUALA LUMPUR (May 31): Mulpha Internatinational Bhd’s first quarter net loss narrowed to RM1.
Three S'pore property developers to snap up with the impending market uptick
SINGAPORE (May 30): Maybank Kim Eng Research is turning positive on Singapore’s property developers with expectations of a potential rebound in property prices, even without further policy easing.
This property group is poised for a pickup
SINGAPORE (May 30): DBS Vickers expects Frasers Centrepoint Ltd (FCL) and its REITs to deliver consistent returns in the coming years, leveraging on the improved outlook of their key markets of Australia and Singapore.
Grand-Flo targets equal revenue contribution from its two divisions
KUALA LUMPUR (May 30): Grand-Flo Bhd hopes to see equal revenue contributions from its tracking solutions and property development segments this year, in light of a healthy order book and unbilled sales.
ML Global eyes IBS adoption to tackle labour shortage
KUALA LUMPUR (May 29): ML Global Bhd, 56%-owned construction arm of LBS Bina Group Bhd, is placing greater focus on industrialised building system (IBS) adoption to help ease the shortage of labour in the company.
Econpile posts record net profit in 3Q, pays 3 sen dividend
KUALA LUMPUR (May 26): Econpile Holdings Bhd posted a record net profit for the third financial quarter ended March 31, 2017 (3QFY17), on higher billings recorded coupled with increased overall project order book secured.
Four Seasons Place to be completed by year end, hotel and mall target to open next year
KUALA LUMPUR (May 26): Four Seasons Place, the second-tallest building in Malaysia, will be completed by the end of this year.
