OUTLOOK 2019

Cook, work, play in malls. But whither the retail property recovery?

RETAIL rents this year could stay flat or marginally increase for malls along the Orchard Road belt and in prime suburban areas, although a continued influx of supply and broader economic issues could continue to be overhanging concerns.
BT EXCLUSIVE

Savills to launch business valuations service

WITH its new business valuation and advisory team, property consultancy Savills Singapore is positioning itself as a one-stop for both property and business valuations.

Market watchers mixed over 2019 home sales

THE wave of new launches that began in earnest the second half of last year may have helped developer sales end the year on a stronger than expected note.
CAPITALAND GOES BIG

CapitaLand's S$11b buy is big, but will it be beautiful?

IT will be big, but would it be beautiful?

Ascott Reit sells Raffles Place property for S$134m net gain

PRIVATE investor Cheong Sim Lam, whose family developed International Plaza and the Hyatt Regency Singapore, snapped up Ascott Reit's serviced apartment building Ascott Raffles Place Singapore for S$353.3 million...

Cheong Sim Lam buys Ascott Raffles Place Singapore for S$353.3 million

PRIVATE investor Cheong Sim Lam, whose family developed International Plaza and the Hyatt Regency Singapore, has acquired Ascott Reit's Ascott Raffles Place Singapore for S$353.3 million...

PropNex to expand Toa Payoh HQ

PROPNEX Realty, the largest real estate agency here, is expanding its Toa Payoh HDB Hub headquarters by one floor, or roughly another 12,800 sq ft.

ARA co-founder John Lim now Sias patron

ARA Asset Management's co-founder John Lim is now patron of the Securities Investors Association (Singapore) with effect from Jan 1...

SGX says no directive to ISR Capital over queries on mining asset purchase

THE Singapore Exchange (SGX) said on Sunday that no directive has been issued so far to ISR Capital regarding its S$3 million purchase of a Madagascar mining asset.

DeClout may face potential general offer by independent third party

CATALIST-listed technology incubator DeClout said on Sunday that there could be a general offer for shares of the company by an independent third party.

ARA co-founder John Lim is now patron of Sias

ARA Asset Management's co-founder John Lim is now patron of the Securities Investors Association (Singapore) with effect from Jan 1...

Flynn Park, Choon Kim House have second go at en bloc sale

The freehold 72-unit Flynn Park, off Pasir Panjang Road, has a minimum price of S$363.8 million.

China electric-bus maker's investment in Dragon Group back on, with new terms

THE US$20 million investment by Chinese electric-bus manufacturer Zhuhai Yinlong Energy (YLE) in a unit of struggling electronics engineering firm Dragon Group International, originally scuttled, is back on - but with a few changes after a renegotiation.

Flynn Park, Choon Kim House relaunch en bloc tenders

JLL continued its flurry of collective sale tender relaunches on Friday, this time with Flynn Park and Choon Kim House, which are either seeking to or have lowered their reserve prices.

China electric-bus maker's US$20m investment in Dragon Group International still on with new terms

THE US$20 million investment by Chinese electric-bus manufacturer Zhuhai Yinlong Energy (YLE) in a unit of struggling electronics engineering firm Dragon Group International is back on, albeit with a few changes after a renegotiation.
BT EXCLUSIVE: EN BLOC UPDATES

Dairy Farm hikes price to S$1.84b in push for 80% owner sign-up

THE New Year's Eve countdown is done, but the clock continues to tick for en bloc candidates as they race against a cooling market and various deadlines governing collective sales...

Cavenagh Gardens tries again for en bloc sale; keeps S$480m reserve price

CAVENAGH Gardens is the latest development in Singapore hoping for another chance at an en bloc sale in 2019, and owners are not budging from their first attempt's reserve price of S$480 million...

ISR Capital says no to SGX request for shareholder nod for mining asset purchase

ISR Capital resisted a Singapore Exchange request that it seek shareholder approval for the waiver of a condition precedent to its purchase of a stake in a mining asset in Madagascar, just as the long-drawn out S$3 million acquisition was supposed to have drawn to a close.

Horizon Towers gives collective sale another shot; Tanah Merah Mansion launches collective sale

OWNERS at Horizon Towers seem to have made nailing an en bloc deal a new year's resolution, as they relaunched their collective sale tender on Wednesday at the same S$1.1 billion reserve price as before...

Raffles Medical opens its first China hospital in Chongqing

RAFFLES Medical Group opened its first international tertiary hospital in China, it said in a Singapore Exchange announcement before markets opened on Wednesday.

Temasek unit creates new private equity team

TEMASEK Holdings subsidiary Fullerton Fund Management is building up a new private equity team, which will take the Asia-based investment specialist's capabilities beyond its existing focus on equities, fixed income, multi-assets and alternatives...

Temasek unit Fullerton Fund Management creates private equity team

TEMASEK Holdings subsidiary Fullerton Fund Management is building up a new private equity team, which will take the Asia-based investment specialist's capabilities beyond its existing focus on equities, fixed income, multi-asset and alternatives...

Horizon Towers gives collective sale another shot at same S$1.1b reserve price

OWNERS at Horizon Towers seem to have made nailing an en bloc deal a new year's resolution, as they relaunched their collective sale tender on Wednesday at the same S$1.1 billion reserve price as before...

Stocks to watch: Raffles Medical, Aoxin Q & M Dental, Artivision Technologies

THE following companies saw new developments that may affect trading of their shares on Wednesday:

Raffles Medical opens its first China hospital in Chongqing

RAFFLES Medical Group opened a 700-bed hospital in Chongqing, making it the group's first international tertiary hospital in the country, it said in a Singapore Exchange announcement before market open on Wednesday...