Iskandar Waterfront City Bhd's (IWCity) single largest shareholder Iskandar Waterfront Holdings Sdn Bhd has been exploring a restructuring exercise involving IWCity. 

Property group UOL is acquiring Hilton Melbourne South Wharf for A$230 million (S$246 million).

Mah Sing Group Bhd will issue up to RM1 billion worth of perpetual securities or bonds to finance the property developer's land acquisitions and working capital requirement.

United Malayan Land Bhd (UMLand), via its wholly-owned subsidiary Seri Alam Properties Sdn Bhd, has inked a memorandum of understanding (MoU) with Chong Wei Binajaya Sdn Bhd to develop part of the proposed Lee Chong Wei International Sports City.

Titijaya Land Bhd, which is making its debut venture in Sabah via an RM575 million waterfront mixed development in Kota Kinabalu with a Chinese partner, aims to capitalise on tourism and recreational activities in the state to fuel demand for its projects.

Banks are not expected to loosen their lending policy in the next three years although the country's loan approval rate in 2016 was at a historical low, said Smart Financing CEO Gary Chua.

There are about six million Malaysians staying in strata properties currently, said Exastrata Solutions Sdn Bhd chief real estate consultant Adzman Shah Mohd Ariffin.

The apartment units at Pangsapuri Cenderawasih have three different built-ups – 700 sq ft, 800 sq ft and 1,000 sq ft. They are priced at RM42,000, RM150,000 and RM220,000 respectively.

Property agents should shift their mindsets and explore more options in terms of property selling, according to Axis Real Estate Investment Trust (REIT) Managers Bhd head of investment Siva Shanker.

Property agents should not worry too much about being ousted by property portals and should work with them instead to leverage these portals’ traffic, said Celcom Planet Sdn Bhd (11street.my) senior manager for seller and strategic business division Bernard Lee.