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Westwood Apartments sold for $2,525 psf ppr
rhoyba@ytlcommunity.com - 28 November 2007 12:20:37 PM

Savills is also marketing another four to five collective sale sites, and Mr Ming says that 'there is interest from both foreign and local buyers'. Westwood Apartments did, however, sell for slightly under the indicative price of $2,800 psf ppr when it was put up for tender about two months ago. [more...]



YTL wins bid to buy Singapore condos for RM1b
rhoyba@ytlcommunity.com - 28 November 2007 11:42:11 AM

Group managing director Tan Sri Dr Francis Yeoh Sock Ping said the deal allows the group to diversify its landbank in Singapore and earn more from high sale and rental rates. The group will use its existing local market knowledge, expertise and resources from its high-end Lakefront and Sandy Island residential development projects in Sentosa Cove, Singapore. [more...]



YTL Corp Wins Bid for Prime Property in Singapore
melisa@ytlesolutions.com - 27 November 2007 3:35:25 PM

YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, said, "The opportunity to develop prime, iconic properties that speak to the YTL brand is a very exciting one. This acquisition, our third land acquisition in Singapore in the last 2 years, is well in line with our wider strategy, focusing on upscale real estate in well-established markets, which enables us to employ our branding to enhance the value of these properties". "Recent sales of well-designed branded properties amongst high net-worth individuals reflect the positive sentiments of the property market in Singapore. For example, the Ritz-Carlton Residences were recently sold for as high as S$5,000 psf, a reflection that Singapore is primed for growth in the indulgent property sector," said Michael Ng, Managing Director of Savills Singapore. [more...]



Bet on YTL's bullet train, JPMorgan tells clients
rhoyba@ytlcommunity.com - 25 November 2007 8:30:42 PM

A STOCKBROKING firm has told its clients to 'bet on the bullet train' proposal by YTL Corporation as it believes most of the regulatory issues have been decided. [more...]



YTL Corp 1st Quarter Profit Grows 30% to RM360 Million (US$107 Million)
melisa@ytlesolutions.com - 22 November 2007 6:46:11 PM

"All business segments turned in solid performances, enabling the Group to make a strong start to the year, with increased contributions from our key utilities and cement divisions continuing to drive growth during the quarter under review. Recent developments, including the completion on 15 November 2007 of our acquisition of Zhejiang Lin’an Jin Yuan Cement Co. Ltd. in China, bode very well for the international expansion of our cement operations, to complement our international utilities operations in the UK, Australia and Indonesia," said YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh. [more...]


 
 
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