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Pender Court en bloc sale fails, owners keep $12m

Business Times – 25 Apr 2008   Deal called off as buyer decides to cut losses on investment By KALPANA RASHIWALA (SINGAPORE) The sale of Pender Court off West Coast Highway to a unit of Bravo Building Construction has been called off. The buyer failed to...

Residential sector seen taking hit

Business Times – 22 Apr 2008 PROPERTY OUTLOOK   Prices expected to fall further, with the high-end most at risk due to a lack of foreigner interest, reports UMA SHANKARI RESIDENTIAL markets across Asia are expected to take a hit in the wake of the credit crunch...

K-Reit Q1 distributable income soars 165.9%

Business Times – 22 Apr 2008   This was attributed mainly to income from its stake in One Raffles Quay By ARTHUR SIM K-REIT Asia has reported distributable income of $11.4 million for the quarter ended March 31, a 165.9 per cent increase from the same period in...