SHAH ALAM: SpaceU8 Property Management Sdn Bhd expects its new urban retail stores mall project, space u8, to generate between 6% and 7% return.

Its chief executive officer Raja Ahmad Nizam Raja Razali said the company would bring in more multi-brand retail outlets including from overseas from time to time to enhance the property value.

Axis REIT (Apr 29, RM2.37)

KUALA LUMPUR: The development of large tracts of land owned by Multi-Purpose Holdings Bhd (MPHB) in Rawang and Gombak, Selangor and Penang, together with Bandar Raya Developments Bhd, may be a catalyst for the re-rating of Multi-Purpose.

by Sabariah Jemali

SYDNEY: Australian house prices fell sharply last quarter as higher mortgage rates cooled the market and the local dollar broke above US$1.1000 (RM3.267) for the first time since 1982, news that could lessen the growing pressure for higher interest rates.

LONDON: House prices in England and Wales fell in April at their fastest annual pace in 18 months and are likely to slip further this year on fears about the economic outlook, Hometrack said on Monday, May 2.

JOHOR BAHRU: Iskandar Malaysia, the main southern development corridor in Johor, needs a strong domestic investor base to sustain growth momentum.

Both the government and local housing industry have been looking at implementing the build-then-sell (BTS) concept as a means of solving the issue of abandoned projects, but the question is, is Malaysia ready for it?

PJ office sector stable for now

Intermittent downpours brought some relief from the scorching heat recently but by the look of things, they did nothing to lower the temperature of property enthusiasts in the Klang Valley.