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85% sale of Pasir Ris 8 over weekend shows initial signs of 'asset bubble behaviour': DBS - THE EDGE SINGAPORE

Property

85% sale of Pasir Ris 8 over weekend shows initial signs of 'asset bubble behaviour': DBS

The mixed-use development launched over the weekend to huge fanfare, with close to 85% of the 487 units sold just within one day.
Keppel divests Chengdu Shengshi Jingwei Real Estate for $324 mil - THE EDGE SINGAPORE

Property

Keppel divests Chengdu Shengshi Jingwei Real Estate for $324 mil

Keppel Land says it expects to recognise a divestment gain of RMB668 million.
Ascott sees over 40% y-o-y growth in first 7 months of 2021 - THE EDGE SINGAPORE

Property

Ascott sees over 40% y-o-y growth in first 7 months of 2021

Up to July, Ascott has achieved a record of over 2,800 new units in Vietnam.
CapitaLand to seek shareholders’ approval of proposed restructuring on Aug 10 - THE EDGE SINGAPORE

Property

CapitaLand to seek shareholders’ approval of proposed restructuring on Aug 10

CapitaLand announces EGM for scheme meeting to ask for shareholders' approval for restructuring on Aug 10,

Property

China developers’ defaults spread as developer Languang misses payment

Sincere Property isn't the only Chinese developer with problems. Languang is ranked 38th in China by contracted sales in 2020.
CapitaLand's Raffles City The Bund in Shanghai draws over 300,000 shoppers on opening day - THE EDGE SINGAPORE

Property

CapitaLand's Raffles City The Bund in Shanghai draws over 300,000 shoppers on opening day

The mall is the final component of Raffles City The Bund, CapitaLand's third and largest Raffles City development in Shanghai.

Property

Creative Technologies sells US office building for US$11.13 mil

The proposed transaction is expected to contribute US$9.1 million to the group’s net profit.
Hatten Land sells Melaka land for RM25.8 mil - THE EDGE SINGAPORE

Property

Hatten Land sells Melaka land for RM25.8 mil

Hatten Land expects to recognise a loss of RM2.7 mil on the disposal.
Oxley prices $70 mil notes due 2024 with 6.9% p.a. coupon - THE EDGE SINGAPORE

Property

Oxley prices $70 mil notes due 2024 with 6.9% p.a. coupon

The group, as at June 30, has some $800 million in outstanding notes and existing outstanding borrowings.
Journey of property giant shows the way for industry - THE EDGE SINGAPORE

Property

CapitaLand: Journey of property giant shows the way for industry

CapitaLand has been one step ahead of the the sector, and by 4Q2021, it will pave the way again
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