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HDBSVR: Demand for niche residential products still strong

KUALA LUMPUR: HwangDBS Vickers Research, which recently hosted the DBSV annual property talk by CB Richard Ellis (Malaysia), says demand for niche residential products still strong, but weak for high-end condos.

It said on Friday, March 12 that new office space coming in next two years should be absorbed, but potential overhang beyond 2012.

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S P Setia prepares to build in Vietnam’s Binh Duong Province

KUALA LUMPUR: S P Setia’s foray into Vietnam gets an added boost with the announcement on March 11 that the People’s Committee of the Binh Duong Province issued the Investment Certificate for the establishment of Setia Lai Thieu One Member Company Ltd with a charter capital of US$6.5 million (RM21.58 million).

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Green conference all set to impart information on sustainable technologies

KUALA LUMPUR: The Green Solutions Property Conference 2010, touted as Malaysia's first carbon-neutral real estate conference, will bring together developers and industry professionals, namely architects, project managers, green technology inventors and taxation officers, to share their views on the implications of the green movement.

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YTL Corp’s balance sheet constrained by hefty debt load

KUALA LUMPUR: YTL Corp Bhd's balance sheet remains constrained by its hefty debt load, says RAM Ratings Bhd.

The ratings agency said on Thursday, March 11 that for the purpose of company-level analysis, it included some RM2.18 billion of corporate guarantees, which YTL Corp had extended to its acquisitions in Singapore.

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