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‘Sunway REIT on track to RM10b property value’

Sunway Real Estate Investment Trust (Sunway REIT) says it is on track to achieve its RM10 billion property value target by the financial year ending June 30, 2020 (FY20) — which is just a little over three years away — via both asset enhancement initiatives and acquisitions of new strategic assets.

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RAM: Residential property market to remain sluggish this year

"Nonetheless, the availability of affordable housing has been gathering momentum. Depending on the speed of the roll-out of homes under the 1Malaysia People's Housing Programme, RAM estimates that the new, more accessible end-financing scheme for PR1MA units could contribute about 1–2 percentage points to the banking system's overall loan growth over the next two years," the local rating agency said in a statement today.

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