East Coast Rail Line to benefit construction sector, say analysts
KUALA LUMPUR (Oct 24): Construction analysts see the proposed RM55 billion East Coast Rail Line project as the only excitement in Budget 2017.
Lumi Tropicana's Phase One sees 75% take-up rate
PETALING JAYA (Oct 22): The first phase of Thriven Global Bhd’s Lumi Tropicana has achieved a take-up rate of 75% since its launch on Oct 15.
MIPPM: 70% of condo/apartments management ‘below par’
KUALA LUMPUR (Oct 19): The management of some 70% of condominiums and apartments in Malaysia is considered to be “below par”, according to The Malaysian Institute of Professional Property Managers (MIPPM).
CDL expands Japan footprint; invests in prime development in Tokyo
SINGAPORE (Oct 18): City Developments Ltd (CDL) announced that its special purpose company, Iconique Tokutei Mokuteki Kaisha, has signed an agreement with Mitsui Fudosan Residential for a 20% stake in a prime residential development in Tokyo.
Up to 300 acres for sale in Seberang Perai
A piece of land of almost 300 acres on mainland Penang, held for over 60 years by a group of friends, has been put up for sale.
Improving customer experience through innovation
FOR Cornerstone Realty, innovation means finding the best way or method to turn something that the firm is passionate about — real estate — into something that will impact its clients’ experience positively.
Can Ascott Residence be the Airbnb of serviced residences?
SINGAPORE (Oct 14): Ascott Residence Trust (ART) could benefit from parent CapitaLand’s recent tie-up with Tujia, dubbed China’s answer to Airbnb, says UOB Kay Hian lead analyst Derek Chang in a Oct 14 report which has a “buy’ on ART with S$1.
Low room rental for youths in KL soon
KUALA LUMPUR (Oct 14): The Federal Territories Ministry plans to build accommodation for low income youths working in the service sectors in Kuala Lumpur, Bernama reported yesterday.
Developers urged to build more homes priced at RM250,000 or below
KUALA LUMPUR (Oct 14): The federal territories ministry has urged property developers to build more houses priced at RM250,000 and below.