Indons have higher budgets for S’pore properties
Among the top foreign buyers of properties in the Island Republic in the first none months of 2016, Indonesians have higher budgets with most of their deals around S$3 million (RM9.3 million), Singapore’s Business Times reported, quoting real estate consultancy JLL. According to findings from a JLL study, Indonesians... Read more
HSR land acquisition to begin next year
MyHSR Corp Sdn Bhd, the agency tasked with overseeing the KL-Singapore High Speed Rail project (HSR), has announced that land acquisitions for the project will likely take place by the third quarter of 2017. The major bilateral transportation project aims to provide a rapid link between Bandar Malaysia in... Read more
Can HSR put the market back on track?
BY Chris Prasad A slight buzz has crept back into the lacklustre property market since Prime Minister Najib Razak and his Singapore counterpart Lee Hsien Loong signed the historic agreement to proceed with the KL-Singapore High-Speed Rail project on Dec 13. More than a huge step in bilateral ties, it... Read more
It’s on: HSR deal a boon for  real estate
BY Aalia Mokhtar Malaysia and Singapore signed the agreement on the Kuala Lumpur-Singapore High-Speed Rail (HSR) this week. The rail link, when completed, is expected to reduce the travel time of about five hours on road between the Malaysian capital and the Lion City to only 90 minutes. Prime... Read more
IOI Prop scores Central Boulevard land
IOI Properties Group Bhd announced early this week that it had won the bid for a highly-prized parcel of land located along Central Boulevard and Raffles Quay-Shenton Way within Singapore’s prime Marina Bay area. A successful tender of RM7.77 billion was made for the 2.6-acre site by IOI Properties... Read more
Global property benefits from Middle East rebound
Having been relegated to the bottom of the global investment market in 2009, investments from the Middle East have since picked up at a tremendous rate and are now growing at a faster pace than any other cross-regional investments. World Property Journal reports that investors from the Middle East... Read more
Rich Indonesians parking cash in Singapore property
Indonesian buyers of prime property in the island state are on the rise despite the poor market environment. The Lion City may be experiencing one of the worst property slumps in its history, and while interest for luxury properties there may be waning among some foreign investors, wealthy Indonesians are surprisingly on a buying spree.... Read more
Multi-million spruce up for Singapore shops
They call them “heartland businesses”, and the Singapore Government is willing to spend millions to ensure they stay relevant and competitive. More than 1,300 shops in Housing Board estates are set to receive about $29 million (RM118.2 million) to spruce up their operations, reports Singapore’s Straits Times. The funding,... Read more
Mixed performance for prime development land in Asia
  BY Chris Prasad Knight Frank’s recently released Prime Asia Development Land Index report for H1 2016 has revealed that land development volumes in Asia have matched the level registered in the same period the previous year. However, performances have varied across the board, with some key markets shrinking... Read more
Plantations to benefit from high-speed rail
The Kuala Lumpur-Singapore High Speed Rail (HSR) could have far-reaching impact that will not only benefit existing and future properties along its route. According to CIMB Research, the upcoming rail link that will offer a direct link between the Malaysian capital and the Island Republic could potentially boost the... Read more