The figure is still lower than that for private residential units, property consultants say.

The Australian property division of Singapore-listed Frasers Centrepoint Limited says this due to “unprecedented demand” which it has witnessed for new warehouses in its two Melbourne industrial parks in recent months.

Johari: The board of 1MDB will look at the proposals and we will leave them to it.

Second finance minister Datuk Seri Johari Abdul Ghani said having one authority was important to overcome the mismatch between demand and supply in the local affordable housing sector...

Axis REIT also announced the acquisition of the Kerry Warehouse at Pasir Gudang, Johor which was completed yesterday, increasing its property portfolio to 39...

At 9.53am, IWCity fell 3 sen to RM1.43 with 5.81 million shares traded.

A scheme document containing the final recommendation will be sent to shareholders in due course.

Creed Asia, which owned 6.88% stake as at March 31, 2017, now has 44.07 million shares after unloading the shares through open-market transactions last Wednesday and Thursday...

The group initially planned to launch only 50 to 60 units, but ended up selling close to 90 units, worth a total of S$220 million.

The agreement with Marriott International marks iKHASAS Group’s expansion of its hospitality portfolio in line with the group’s business diversification strategies.