News by M

Penang Gerakan Youth assistant secretary, Loh Kit Mun said the Penang government had promised to restore and transform the buildings to house traditional trades and the creative industry by year-end.

The negative trend in the property sector continues as the third quarter of 2016 registered a decline of 8.45% and 6.34% drop quarter-on-quarter in volume and value respectively, according to National Property Information Centre (Napic) data for 3Q2016.

This decision followed protests from residents of Taman Weng Lock who were concerned about potential landslides occurring as a result of the project.

Najib: We will be signing the agreement next week, I think. He [Lee] is coming to Kuala Lumpur.

Its developer Country Garden Pacificview Sdn Bhd also expected the project to create up to 220,000 jobs in many segments for Malaysians.

The Selangor state government hopes to obtain “smart state” status by 2025 according to its Smart Selangor Blueprint launched today at the inaugural Smart City International Conference 2016 in Subang.

Maybank Kim Eng is maintaining a “neutral” stance on Singapore’s property sector while positioning defensively at the lower end of the risk spectrum, expressing a preference for exposure to stable platforms over trading portfolios.

The property developer said the surge in revenue was due to higher contribution by the group's property and road and quarry divisions...

The spike in MGS yield is negative to real estate investment trusts (REITs) due to the narrowing spread between dividend yield of REITs and MGS yield which reduces the attractiveness of REITs.

Recently, there has been a rising trend in the real estate industry where real estate agents join hands to seal a deal. From what used to be every man for himself during better times of the market, the current slow market has prompted many real estate agents and negotiators from different agencies to work together.