In Depth

EcoWorld 1Q earnings within expectations

The strong revenue growth is due to ongoing recognition of projects in the Klang Valley (Eco Majestic, Eco Sanctuary and Eco Sky), Iskandar Malaysia (Eco Botanic, Eco Spring, Eco Summer, Eco Business Park 1, Eco Tropics and Eco Business Park III) and Penang (Eco Meadows and Eco Terraces).

Domestic demand to be key driver in Asia Pacific office markets

In its latest Asia Pacific Prime Office Rental Index for 4Q2016, global property consultancy Knight Frank found that 12 cities out of 19 surveyed in the Asia-Pacific region have registered positive rental growth in 4Q2016, up from eight in the previous quarter. As a result, the rental index has increased 1.3% quarter-on-quarter (q-o-q) and 2% year-on-year (y-o-y).

Invest in property now or wait?

Kenanga Investment Bank Bhd believes the property sector is bottoming out but still lacks strong catalysts. The bank is advising investors to be selective in their investments, says head of equity research Sarah Lim.

Should you refinance your property?

If you need a loan to finance your property purchase, or for business investment or children’s education, you may be put off by the current tight lending environment.

Better earnings needed for IJM Corp

Its peak quality order book of RM8.7 billion incorporates the recent Bukit Bintang City Centre  development project win and can provide solid earnings visibility over the next two to three years.

Lendlease unveils Park Place Residences at PLQ

Australian-listed property developer and infrastructure group Lendlease will preview Park Place Residences at Paya Lebar Quarter (PLQ) on March 11. The project is slated to be launched on March 25.

Making retail malls great again

The secret to happiness is to spend ­money on experiences and not things, says Thomas Gilovich, a psychology professor at Cornell University. Experiences are said to linger in our memories, resulting in storytelling and conversation, and enhancing social relations. In fact, the antici­pation of an experience can be gratifying by itself. Experiences also elicit fewer social comparisons than material goods.