HANOI : Auditor PricewaterhouseCoopers on Tuesday cast doubt on the financial viability of one of Vietnam's top listed property developers, No Va Land, which faces large bond paybacks this year amid difficult market conditions.
No Va Land, which has 34 active bonds maturing this year worth roughly 16 trillion dong according to Refinitiv data, said in its financial statements released on Tuesday that it had"enough resources to meet due obligations in the next 12 months". "No Va Land's businesses were significantly affected by the real estate market and the corporate bond liquidity," the auditor said in a report.
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Katong Shopping Centre up for en bloc sale at S$638 millionSINGAPORE: Katong Shopping Centre has been put up for collective sale at S$638 million (US$478 million), real estate consultancy Edmund Tie said in a news release on Tuesday (Apr 18). Located in District 15, the freehold property sits on a corner land plot of 86,924 sq ft, facing both Mountbatten Please do not demolish it. Preserve its architectural form. Brutalist architecture here is a vernacular, localised phenomenon that broke new ground for the region, and saw SG through its toughest decades. A sense of home and identity, is inextricably tied to a sense of place. Strange thing is … they just upgraded a food court, some shops are looking for new tenants and they even re-painted the parking lot demarcations (which is fantastic btw)!
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