MALAYSIAN real estate investment trusts (M-REITs) are expected to continue to offer stable returns and capital growth despite experiencing dividend yield compression recently, says Datuk Stewart Labrooy, chairman of the Malaysian REIT Managers Association."REITS have had an extremely good run, witnessing a compression in yields never seen before in the M-REIT market.

PETALING JAYA: Exsim Development Sdn Bhd plans to launch 11 new residential and industrial developments covering 90 acres (36.4ha) in the Klang Valley within the next three years.

If you ask older Penangites about the once-famous Loke Thye Kee restaurant on Jalan Burma chances are you would hear how it was the place to be in the good old days. "It was a lovely and big Hainanese restaurant, somewhere you took your date to if you wanted to impress her or go to have dinner with family or friends for the food.

IF you ask older Penangites about the once-famous Loke Thye Kee restaurant on Jalan Burma chances are you would hear how it was the place to be in the good old days. "It was a lovely and big Hainanese restaurant, somewhere you took your date to if you wanted to impress her or go to have dinner with family or friends for the food.

KUALA LUMPUR: The uncertain political landscape has cast a shadow over the Malaysian property market although things should pick up after the 13th general election (GE13) on May 5, according to DTZ Research’s Property Times Kuala Lumpur 1Q2013 released on April 25.

PETALING JAYA: The proposed Kuala Lumpur-Singapore high-speed rail link (HSR) will further boost the growth of Iskandar Malaysia in Johor and create more growth areas.

Investor interest is resurfacing in the Keppel Bay neighbourhood, based on the latest caveats lodged with the URA. Perhaps buyers are starting to see value, as transactions last month ranged from $1,169 to $1,628 psf. Both the 969-unit Caribbean and the 1,129-unit Reflections at Keppel Bay are redevelopments on the site of the former Keppel Harbour by its listed property arm, Keppel Land.

KUALA LUMPUR: Malaysia Building Society Bhd's (MBSB) pre-tax profit for the first quarter financial year ended March 31, 2013, rose to RM237.11 million from RM110.47 million in the same quarter last year.
Revenue increased to RM562.47 million from RM378.88 million previously.

SEOUL: Housing prices across South Korea held steady in April from March after 10 consecutive months of declines, but fell by the fastest annual pace in almost four years, data from the country’s top mortgage lender showed yesterday.