Residential Property
CapitaLand's share price continues to offer compelling value: OCBC
                                                                                 
                    
                    	Below is the highlight from the research note of OCBC Investment Research on CapitaLand May 25, 2011.
                
                                
            CapitaLand's share price continues to offer compelling value: OCBC
                                                                                                                 
                            
                            	Below is the highlight from the research note of OCBC Investment Research on CapitaLand May 25, 2011.
                        
                                                
                        
    
                    Fission Capital Releases 3 units of Centra Heights back for public sale tomorrow
                                                                                                 
                        
                        	This is good news for all interested buyers of Centra Heights who missed the chance on April 18 launch, when all the 90 units were said to have been...
                    
                                        
                    
                Ascott opens 10th properties in Malaysia, Indonesia
                                                                                                 
                        
                        	PJ in Malaysia and Jakarta are latest additions as group aims to grow to 14,000 rooms.
                    
                                        
                    
                Record buying of Singapore properties by foreigners
                                                                                                 
                        
                        	Foreigners snap up 16% more private homes in Singapore.
                    
                                        
                    
                Foresta at Mount Faber more than half sold on May 11 Preview
                                                                                                 
                        
                        	75 out of the 141 residential units of “Foresta” were snapped up during the first private preview on May 11, according to the property’s developer...
                    
                                        
                    
                Retail rents at Orchard road have peaked
                                                                                                 
                        
                        	Rents at prime Orchard are more likely to remain flat while suburban rents are apt to see a moderate upside of just 2% – 3% this year, according to...
                    
                                        
                    
                KSH hammers deal to build Ardmore Three
                                                                                                 
                        
                        	The construction, property development and property management company secured a contract worth S$78.7 million for the construction of the Ardmore...
                    
                                        
                    
                KSH bags $78.7 million to construct Ardmore Three project
                                                                                                 
                        
                        	It’s a sweet deal that brings the building contractor’s order book up to S$245 million.
                    
                                        
                    
                Take a sneak peek inside Singapore's most expensive apartment ever
                                                                                                 
                        
                        	Would you pay $17 million for this 3,000 sq ft condo ?
                    
                                        
                    
                Property Guru gets $5 million funding
                                                                                                 
                        
                        	The company will use the money to expand into more markets to compete with its main competitor, iProperty.
                    
                                        
                    
                CapitaLand dumps residential site in Shanghai
                                                                                                 
                        
                        	Part of an ongoing strategy of capital productivity, the divestment of the 144,657 square metre site in Qingpu District is worth approximately S$152...
                    
                                        
                    
                Jones Lang LaSalle warns would be condo buyers rates may rise
                                                                                                 
                        
                        	Continuing low financing environment boosts sales of private housing, according to a report by Jones Lang Lasalle.
                    
                                        
                    
                Private home sales in April surged 29% month-on-month
                                                                                                 
                        
                        	Excluding executive condominiums, a total of 1,788 residential units were sold buoyed by steady buyer confidence seen since February.
                    
                                        
                    
                Interweave, Viento, and Terasse preview this week
                                                                                                 
                        
                        	Three new condominiums are launching this week starting with BS Capital’s “Interweave” at Kim Keat, to be followed by Endo Properties’ “Viento” at...
                    
                                        
                    
                Heeton first quarter profit from continuing operations up 44% to $2.85mn
                                                                                                 
                        
                        	The higher recognition of sales from Juluca and The Lumos contributes to profit growth as the developer plans to engage in asset enhancement...
                    
                                        
                    
                MCL Land bagged tender for residential site at Pasir Ris
                                                                                                 
                        
                        	They submitted the highest bid of $246.1 million, said URA.
                    
                                        
                    
                City Developments net profit jumped 78% in 1Q11
                                                                                                 
                        
                        	Net profit increased to $282 million and revenue rose 10% to $773.7 million.
                    
                                        
                    
                 
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                             
                     
                             
                             
                     
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                