The Ascott Limited, CapitaLand’s serviced residence unit, has launched a new co-living hospitality concept brand Lyf, pronounced ‘life'.

Property developer Titijaya Land Bhd expects its net profit and revenue in the current financial year ending June 30, 2017 (FY17) to be around the same level as in the previous year, its deputy managing director Lim Poh Yit said.

Design Village, the only outlet mall in the northern region, expects to see 85% of its shops leased and opened by June 2017, says its marketing company Savills Malaysia.

Launched on Oct 5, I&P Group’s Ten Kinrara has seen a take-up of 30% for the serviced apartments and 50% for the commercial units. The project is located in Bandar Kinrara, Puchong.

Ekovest Bhd has submitted a proposal to become a development partner of Bandar Malaysia, said managing director Datuk Lim Keng Cheng.

RHB Singapore is initiating coverage on Manulife US REIT with a "buy” recommendation with a target price of 96 US cents (S$1.37) (RM4.28).

Ekovest Bhd said it is close to securing about RM400 million more contracts for its construction division within financial year ending June 30, 2017 (FY17), which will boost its orderbook to exceed RM7 billion.

UOA Development Bhd's net profit fell 30.34% to RM110.44 million or 6.85 sen a share in its third quarter ended Sept 30, 2016 (3QFY16), from RM158.54 million or 10.52 sen a share a year ago, mainly on marketing expenses, as well as administrative and operating expenses.

Titijaya Land Bhd plans to enter the affordable housing segment with a proposed development of RM2.4 billion in gross development value (GDV) in Bukit Raja, Petaling in Selangor in the second quarter of 2017.

IJM Land Bhd, the property development arm of IJM Corp Bhd, will launch the Waterside Residence at The Light in Penang sometime in December.