Property market picking up: CDL’s Kwek
Executive chairman encouraged by moving sales but urges review of govt regulations In recent weeks, property veteran Kwek Leng Beng has seen positive signs in… Read More »Property market picking up: CDL’s Kwek
Property News
CDL names Sherman Kwek CEO-designate with resignation of Grant Kelley, Q2 profit falls 17.9%
SINGAPORE – City Developments Ltd (CDL) announced on Friday (Aug 11) the appointment of deputy chief executive officer, Sherman Kwek, as CEO-designate with immediate effect… Read More »CDL names Sherman Kwek CEO-designate with resignation of Grant Kelley, Q2 profit falls 17.9%
GuocoLand looks to rise in private home prices
Developer GuocoLand has trimmed the number of units put up for sale at its latest condominium, Martin Modern, in what is seen as a bet… Read More »GuocoLand looks to rise in private home prices
Perennial’s Q2 profit jumps on fair value gain
Perennial Real Estate Holdings reported yesterday that its second-quarter net profit jumped to $17.1 million from $594,000 a year ago on a fair value gain… Read More »Perennial’s Q2 profit jumps on fair value gain
July resale prices for private homes dip 0.5%
Non-landed property figures fall after 2 months of increase but still 2.2% higher than January’s Resale prices in the private housing segment took a dip… Read More »July resale prices for private homes dip 0.5%
Signs of new vigour in the property market
Range of data points to uptick in market, while conditions for recovery may have legs Comments from CapitaLand’s chief executive officer Lim Ming Yan last… Read More »Signs of new vigour in the property market
Roxy-Pacific to buy freehold residential site for S$110 million
SINGAPORE – Property group Roxy-Pacific Holdings said on Monday (Aug 7) that it has entered into an agreement to acquire a freehold residential site in… Read More »Roxy-Pacific to buy freehold residential site for S$110 million
Le Quest launch keeps brisk home sales going
The brisk demand for new private homes here continued unabated, as more than half of the apartments at Le Quest, a mixed development in Bukit… Read More »Le Quest launch keeps brisk home sales going
Strong response on first day of sales at Le Quest in Bukit Batok
Singapore – The latest project by Qingjian Realty (South Pacific) Le Quest drew a strong sales response on Saturday, the first day of its launch.… Read More »Strong response on first day of sales at Le Quest in Bukit Batok
CapitaLand Q2 profit jumps 97%, boosted by divestments, revaluation gains
SINGAPORE – Developer CapitaLand saw a 97 per cent jump in second quarter net profit to S$579.3 million from S$294 million in the year-ago period… Read More »CapitaLand Q2 profit jumps 97%, boosted by divestments, revaluation gains
Consortium mulls en bloc sale of AXA Tower for at least $1.65b
Some investors led by Perennial Real Estate Holdings are considering a collective sale of AXA Tower in Shenton Way for at least $1.65 billion after… Read More »Consortium mulls en bloc sale of AXA Tower for at least $1.65b
Roxy-Pacific Holdings posts sharp drop in Q2 earnings
Property and hospitality group Roxy-Pacific Holdings booked a sharp drop in second-quarter earnings on lower contributions from its property development and hotel business. As a… Read More »Roxy-Pacific Holdings posts sharp drop in Q2 earnings