In Depth

Looking ahead into a lacklustre property sector

The House Price Index (HPI) grew by 5.3% year-on-year (y-o-y) to 235.4 in the second quarter of calendar year 2016 (2Q16), which is significantly lower than the five-year average growth of 9.3%.

Lendlease spreads its bets across key global cities

After assuming the role of Lendlease CEO for Asia in May, Tony ­Lombardo moved to Singapore. His home for now is in the prime District 9 neighbourhood of Cairnhill, a short ­distance from 313 @ Somerset — incidentally, a shopping mall developed by Lendlease. Linked ­underground to the Somerset MRT station, the mall has seen strong footfall since it opened in ­December 2009, says ­Lombardo, adding, “I visit 313 quite frequently”.

EcoWorld builds hassle-free business parks in Johor

The  interview with Eco World Development Group Bhd president and CEO Datuk Chang Khim Wah and divisional general manager Datuk Hoe Mee Ling was held in the sales gallery — two factory lots combined — in EcoWorld’s Eco Business Park I (EPB I) in Tebrau, Johor.

If you smell a rat ...

Rats are known to spread horrible diseases. The prevalent and deadly disease spread by rats in Malaysia is leptospirosis, say Rentokil Initial Malaysia managing director Carol Lam and technical director Juliana Soo.

10 things to check before signing your housing loan documents

A signature serves as a universally recognised symbol of proof of agreement. It seals the deal in many agreements and contracts and makes them legally binding. Like in any contracts, one should scrutinise loan documents before signing them.

Scientex’s Kulai land buy expected to be completed in 2H17

Scientex Bhd announced that its wholly-owned subsidiary Scientex Quatari Sdn Bhd has entered into a sale and purchase agreement with Dahlia Utama Sdn Bhd, a wholly-owned subsidiary of Lee Rubber Co (Pte) Ltd of Singapore, to acquire two parcels of land measuring 49ha for RM123.64 million, or RM23.42 per sq ft in Kulai, Johor.

‘Property outlook to remain subdued as lending stays tight’

Property developers are expected to register another year of slow performance in 2017 amid a lack of catalysts for the segment, as cooling measures introduced by the central bank to rein in speculation continue to be the main hurdle for property companies.