Andrew Lim to be new group CFO of CapitaLand from Jan 1
CapitaLand Ltd has announced the appointment of Andrew Lim as its new group chief financial officer (CFO) with effect from Jan 1, 2017.
Mah Sing launches Lock & Roll deferred financing campaign
Mah Sing Group Bhd launched its inaugural Lock & Roll deferred financing campaign last weekend where Mah Sing homebuyers can now own their new homes once they have paid the booking fee of RM10,000.
Lim to inject WCT assets into Pavilion REIT
Businessman Tan Sri Desmond Lim Siew Choon is performing a corporate manoeuvre that may unlock value worth billions after emerging as the largest shareholder in WCT Holdings Bhd last Tuesday, say sources.
Affordable housing and the emergence of a new norm
It is safe to say that private developers have been subdued post-Budget 2017. Industry players, investors and homebuyers had been looking forward to some goodies, particularly initiatives that would increase liquidity such as the easing of lending regulations and a bigger Employees Provident Fund Account 2 allocation. Instead, the thrust of the budget is to address the needs of those in the bottom 40% income group, specifically affordable housing.
Avillion Port Dickson bags M’sia Luxury Spa Hotel award
Avillion Port Dickson has emerged as the winner of the Luxury Spa Hotel category for Malaysia at the recent World Luxury Hotel Awards 2016 in Doha.
Manulife US REIT reports maiden DPU of 2.01 US cents, exceeds IPO profit forecast by 5.8%
Gross revenue was 1.1% under the forecast US$28.5 million at US$28.2 million, as recoverable property operating expenses were lower than forecast due to lower recovery revenues.
Landlord spruces up Hong Kong’s coffin homes
“The capsule homes, manufactured in Guangzhou, are around two metres long and 1.1 metres high, or about 25 sq ft.”
Why award ECRL job to China group without open tender, asks DAP’s Pua
The DAP’s Tony Pua questioned as to why the Malaysian government was awarding the 600km East Coast Rail Link (ECRL) project to China Communications Construction Company (CCCC) at RM55 billion or RM91.7 million per kilometer without any open competitive tender exercise.
LBS Bina on track towards achieving RM1.2 bil sales target by Dec
"Our unbilled sales as at Nov 1 is RM1.45 billion and we are confident of achieving our sales target," said LBS' managing director Tan Sri Lim Hock San.
Significant drop in property transactions this year
"Overall, the housing market has indeed softened since the government introduced a slew of cooling measures to curb speculations and rein in the rapid rise in house prices," said Datuk Lee Chee Leong.
