Property transactions are down, office occupancies are down, unsold units are up — things certainly didn’t look good in 2016, according to the Malaysian Property Market Report 2016 released by the Valuation and Property Services Department (JPPH) early this week.
SINGAPORE (April 20): Guocoland saw 3Q earnings more than double to S$29.
SINGAPORE (April 20): RHB has downgraded its call on CapitaLand Commercial Trust (CCT) from “buy” to “take profit”, recommending investors to lock in profits and re-enter at lower levels now that the units of the trust are currently hovering close to the research house’s target price of S$1.
IN 1Q2017, of eight properties sold under the hammer, four were landed homes, according to JLL in a release on April 3.
THE 21,500 sq ft sales gallery of Artra is designed to look like a contemporary art gallery.
SHAH ALAM (April 19): Property developer S P Setia Bhd has launched a differential sum loan scheme that offers interest rates from 5.
SINGAPORE (April 19): The manager of CapitaLand Commercial Trust (CCT) has declared an estimated distribution per unit (DPU) of 2.
ON March 23, a 5,231 sq ft unit at Pandan Valley was sold at a S$1.
DESPITE the rain and having to park their cars across the road at East Coast Park, over 3,000 people thronged the sales gallery of Seaside Residences on April 8, the first day that the project opened for preview.
PETALING JAYA (April 18): S P Setia Bhd, via its subsidiary S P Setia International (S) Pte Ltd, has been awarded the tender for Singapore’s Toh Tuck Road site by Singapore’s Urban Redevelopment Authority (URA), marking the developer’s third project on the island.
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