In Depth http://www.theedgeproperty.com.my/frontpage en Higher FY20, FY21 profits seen for Sunway REIT http://www.theedgeproperty.com.my/content/1496970/higher-fy20-fy21-profits-seen-sunway-reit <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/sunway_reit_7.jpg?null&amp;itok=7Mo63dOu"><a href="/content/1496970/higher-fy20-fy21-profits-seen-sunway-reit"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/sunway_reit_7.jpg?null&amp;itok=7Mo63dOu" width="220" height="107" alt="sunway_reit.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Retail properties remain the key driver for Sunway REIT, especially the Sunway Pyramid Mall contributing 56% of total net property income.</p> </div></div></div> Tue, 19 Mar 2019 02:20:56 +0000 james.chong@bizedge.com 1496970 at http://www.theedgeproperty.com.my Investors believed to be comfortable with Matrix’s IFD project in Jakarta http://www.theedgeproperty.com.my/content/1496964/investors-believed-be-comfortable-matrix%E2%80%99s-ifd-project-jakarta <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/matrix_concepts_3.jpg?null&amp;itok=QmahEfFB"><a href="/content/1496964/investors-believed-be-comfortable-matrix%E2%80%99s-ifd-project-jakarta"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/matrix_concepts_3.jpg?null&amp;itok=QmahEfFB" width="220" height="103" alt="matrix_concepts.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Involvement in the development of North Jakarta’s Islamic Financial District (IFD).</p> </div></div></div> Tue, 19 Mar 2019 02:12:15 +0000 james.chong@bizedge.com 1496964 at http://www.theedgeproperty.com.my Project tender competition seen to intensify in construction sector http://www.theedgeproperty.com.my/content/1496961/project-tender-competition-seen-intensify-construction-sector <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/construction_123rf_2_20.jpg?null&amp;itok=LHw6zTt6"><a href="/content/1496961/project-tender-competition-seen-intensify-construction-sector"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/construction_123rf_2_20.jpg?null&amp;itok=LHw6zTt6" width="220" height="166" alt="construction_123rf.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Following the recent cancellations/postponements of megaprojects and downsizing of the mass rapid transit 2 and LRT3 projects, coupled with a slower property market, we expect competition in project tenders to intensify.</p> </div></div></div> Tue, 19 Mar 2019 02:05:36 +0000 james.chong@bizedge.com 1496961 at http://www.theedgeproperty.com.my When a developer raises the maintenance fee http://www.theedgeproperty.com.my/content/1489840/when-developer-raises-maintenance-fee <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/mainfees_0.jpg?null&amp;itok=4lr8ec4B"><a href="/content/1489840/when-developer-raises-maintenance-fee"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/mainfees_0.jpg?null&amp;itok=4lr8ec4B" width="220" height="165" alt="mainfees.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Being faced with a maintenance fee hike post DLP is quite common, simply because the theoretical calculation of cost and the cost of actual maintenance can never be the same. More often than not, it has to be raised. Whether this is ethical or not, is debatable.</p> </div></div></div> Fri, 08 Mar 2019 18:30:00 +0000 james.chong@bizedge.com 1489840 at http://www.theedgeproperty.com.my Poor transportation connectivity could derail benefits of congestion tax http://www.theedgeproperty.com.my/content/1487070/poor-transportation-connectivity-could-derail-benefits-congestion-tax <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/mrt_kampung_selamat_3_lyy_tep_20180504214926_edgeprop.my__0.jpg?null&amp;itok=QsyaBYhh"><a href="/content/1487070/poor-transportation-connectivity-could-derail-benefits-congestion-tax"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/mrt_kampung_selamat_3_lyy_tep_20180504214926_edgeprop.my__0.jpg?null&amp;itok=QsyaBYhh" width="220" height="147" alt="mrt_kampung_selamat_3_lyy_tep_20180504214926_edgeprop.my_.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>There needs to be a seamless public transportation system involving buses and inter-city rail connectivity for the congestion tax to have a positive impact on traffic flow and the environment.</p> </div></div></div> Mon, 04 Mar 2019 10:15:00 +0000 teh.prisca@gmail.com 1487070 at http://www.theedgeproperty.com.my Sunway’s unbilled sales seen to provide good earnings visibility http://www.theedgeproperty.com.my/content/1486730/sunway%E2%80%99s-unbilled-sales-seen-provide-good-earnings-visibility <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/sunway_group_9.jpg?null&amp;itok=bdpGuMHg"><a href="/content/1486730/sunway%E2%80%99s-unbilled-sales-seen-provide-good-earnings-visibility"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/sunway_group_9.jpg?null&amp;itok=bdpGuMHg" width="220" height="96" alt="sunway_group.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>The group’s property development division reported an FY18 revenue of RM619.6 million (-31.8% y-o-y) and profit before tax (PBT) of RM158.6 million (-32.6%) mainly due to the adoption of the Malaysian Financial Reporting Standards (MFRS) 15 whereby profits of property development projects in Singapore and China can only be recognised upon completion.</p> </div></div></div> Mon, 04 Mar 2019 02:10:00 +0000 james.chong@bizedge.com 1486730 at http://www.theedgeproperty.com.my Incentives for homebuyers http://www.theedgeproperty.com.my/content/1484917/incentives-homebuyers <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/48489241_s_0.jpg?null&amp;itok=Gn3ztz3Y"><a href="/content/1484917/incentives-homebuyers"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/48489241_s_0.jpg?null&amp;itok=Gn3ztz3Y" width="220" height="147" alt="48489241_s.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Need help in navigating all the government incentives that may be able to help you lower the cost of buying a home? Have a look.</p> <p> </p> </div></div></div> Sat, 02 Mar 2019 01:50:08 +0000 vanessa.gnanasurian@edgeprop.my 1484917 at http://www.theedgeproperty.com.my Timely release mechanism of bumiputera lots will reduce price of property http://www.theedgeproperty.com.my/content/1484957/timely-release-mechanism-bumiputera-lots-will-reduce-price-property <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/20181227_peo_datukchangkimloong_secretarygeneral_nationalhousebuyersassociation6_lyy_tep_0.jpg?null&amp;itok=n5zvnuxe"><a href="/content/1484957/timely-release-mechanism-bumiputera-lots-will-reduce-price-property"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/20181227_peo_datukchangkimloong_secretarygeneral_nationalhousebuyersassociation6_lyy_tep_0.jpg?null&amp;itok=n5zvnuxe" width="220" height="125" alt="20181227_peo_datukchangkimloong_secretarygeneral_nationalhousebuyersassociation6_lyy_tep.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>What happens if the developer is unable to find enough bumiputera buyers for the bumiputera units? </p> </div></div></div> Fri, 01 Mar 2019 21:50:25 +0000 vanessa.gnanasurian@edgeprop.my 1484957 at http://www.theedgeproperty.com.my The state of Malaysian housing supply http://www.theedgeproperty.com.my/content/1484910/state-malaysian-housing-supply <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/2_1_1.jpg?null&amp;itok=hNHi66kj"><a href="/content/1484910/state-malaysian-housing-supply"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/2_1_1.jpg?null&amp;itok=hNHi66kj" width="220" height="167" alt="2.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>The numbers on unsold residential units in Malaysia as at 3Q2018.</p> </div></div></div> Fri, 01 Mar 2019 19:50:00 +0000 vanessa.gnanasurian@edgeprop.my 1484910 at http://www.theedgeproperty.com.my Five things you need to know about this upcoming development in Bukit Jalil http://www.theedgeproperty.com.my/content/1483720/five-things-you-need-know-about-upcoming-development-bukit-jalil <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/03_thetropika_facade_mr.jpg?null&amp;itok=ZuK0SYEh"><a href="/content/1483720/five-things-you-need-know-about-upcoming-development-bukit-jalil"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/03_thetropika_facade_mr.jpg?null&amp;itok=ZuK0SYEh" width="220" height="220" alt="03_thetropika_facade_mr.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>The recently launched mixed development in Bukit Jalil is called The Tropika. Over 800 people showed up for the Feb 23 launch which has seen 60% of the condominium units in Tower A snapped up in less than a week.</p> </div></div></div> Wed, 27 Feb 2019 07:57:29 +0000 vanessa.gnanasurian@edgeprop.my 1483720 at http://www.theedgeproperty.com.my