News about AP

SINGAPORE (Feb 23): Singapore’s sovereign wealth fund GIC says it has formed joint ventures (JVs) with a group of investors to acquire over 2.

KUALA LUMPUR (Feb 23): IOI Properties Group Bhd’s sales is expected to remain strong in the second half of the financial year ending June 30, 2017 (2HFY2017) on the back of its Trilinq condominium project in Singapore, said analysts.

CEL Development, the property development arm of listed construction group Chip Eng Seng Corp, will preview the 720-unit Grandeur Park Residences on Feb 18.

AFTER waiting for months on end for their applications for advertising permits and developers’ licences (APDLs) to be approved, developers in Penang breathed a sigh of relief recently — they have finally been given the nod.

KUALA LUMPUR (Feb 22): UOA Development Bhd’s net profit multiplied threefold to RM345.

PETALING JAYA (Feb 21): The government should look to enhance the 1Malaysia People’s Housing (PR1MA) scheme by improving its efficiency in processing home purchases, Affin Hwang Capital Research senior associate director for equity research Loong Chee Wei (pictured) told TheEdgeProperty.

SINGAPORE (Feb 20): CIMB Securities is reiterating its “add” recommendation on CapitaLand with an unchanged price target of S$4.

SINGAPORE (Feb 20): Parkway Life REIT has acquired four nursing homes and one dementia group nursing home in Japan from Marubeni Corporation, UBI Kabushiki Kaisha and UBI Capital Kabushiki Kaisha for ¥4.

KUALA LUMPUR (Feb 20): MyHSR Corp Sdn Bhd has launched a strategic development framework (SDF) to outline socioeconomic development direction along the 350km Kuala Lumpur Singapore High Speed Rail (HSR) corridor.

NEWLY appointed Valuation and Property Services Department (JPPH) director general Dr Rahah Ismail is certainly qualified for the job.