Curbs on floor area likely to hit bidding
HONG KONG: Bidding at next week's auction of a development site in Hung Hom is expected to be cautious as a result of limits placed on the extra floor area a developer can obtain.
HONG KONG: Bidding at next week's auction of a development site in Hung Hom is expected to be cautious as a result of limits placed on the extra floor area a developer can obtain.
HONG KONG: The Estate Agents Authority will launch an online search service next week, giving fast access to its disciplinary records so that buyers can find out if an agent has been penalised in the last two years.
HONG KONG: Residential rents are on the rise again in Hong Kong after being on hold for four months.
"Rents of mass housing units had been flat for four months after the government imposed an additional stamp duty at the end of November last year," said Patrick Chow Mun-kit, head of research at estate agency Ricacorp Properties. "But last month we saw them pick up again."
KUALA LUMPUR: Interest swirled around Land & General Bhd (L&G) and Ace market-listed Key West Global Telecommunications Bhd on Tuesday, Apr 19, causing both stocks to end the day on the top most active volume list.
CapitaMalls Malaysia Trust (Apr 19, RM1.13)
UEM Land Holdings Bhd (Apr 19, RM2.69)
KUALA LUMPUR: Prime Minister Datuk Seri Najib Razak on Tuesday, Apr 19 announced that RM9.6 billion would be invested by 2020 to develop the Karambunai Integrated Resort City (KIRC) as a premier world-class ecotourism destination.
KUALA LUMPUR: UEM Land is a strong candidate for inclusion as an index component of the FBM KLCI being the largest property stock on Bursa Malaysia by market capitalisation and landbank size now, OSK Research says.
HONG KONG: A sensible pair of shoes or basic household items may become increasingly hard to find in Hong Kong's prime retail districts as wall-to-wall luxury brands force out local retailers.
KUALA LUMPUR: United Malayan Land Bhd (UMLand) unit Seri Alam Properties Sdn Bhd is teaming up with Singapore's Raffles Campus Pte Ltd to develop a RM35 million campus in Iskandar Malaysia.