Saffron

By Cheryl Ong SINGAPORE - The owner of a penthouse at St Regis Residences booked an eye-popping loss of $15.8 million when he sold the apartment last month. It is the biggest loss ever made on an apartment sale here. The two-storey unit in Tangl.

Malaysian hajj pilgrims fund Lembaga Tabung Haji is quietly testing the market over the potential sale of its prime Victoria asset for around £250m, CoStar News can reveal. Lembaga has approached a handful of investors off market about a pote.

Saffron International COO, Naoufal Dhimi attends Cannes, France, where he will be among 21,000 real estate executives from 93 countries gathered for MIPIM's 2015 conference, the largest real estate industry event in the world. The event, first held i.