Forest City to contribute RM66 bil in tax revenue
Its developer Country Garden Pacificview Sdn Bhd also expected the project to create up to 220,000 jobs in many segments for Malaysians.
Selangor aims to achieve ‘smart state’ status by 2025
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.
Battle of Singapore property plays in a risk-averse environment
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.
Bina Darulaman up 1.56% on 3Q earnings, property launch plans
The property developer said the surge in revenue was due to higher contribution by the group's property and road and quarry divisions...
REITs’ target prices revised downwards on higher MGS yield
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.
Co-agency arrangements — trending now in a slow market
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.
OCR Land’s Flexus Signature Suites @ Jalan Kuching slated for completion in 2Q2017
OCR Land Holdings Sdn Bhd’s Flexus Signature Suites project will be completed in the second quarter of 2017, as it enters its final stage of development marked with a “topping-up” ceremony today.
Bina Darulaman to launch RM900m worth of projects in FY17
Bina Darulaman Bhd (BDB) is targeting RM900 million in gross development value (GDV) of property launches for the financial year ending Dec 31, 2017 (FY17), with the group maintaining its focus on the affordable housing segment.
Just In: It’s more than just a bed
Storage spaces are becoming more precious as home unit sizes get smaller especially for those living in city centres. Multi-storage furniture could be the solution for those looking for that much needed space to keep their things.
Just In: Electrolux introduces the UltimateCare washing machine
Global home appliances company Electrolux has introduced nine new models of front-load washers and washer-dryers to cater to the modern consumer’s needs for low temperature washing.
