News about API

WITH the expected improvements in infrastructure that come from having a high speed rail station, towns such as Seremban in Negeri Sembilan and Ayer Keroh in Melaka will see more significant growth in their property values than the more developed and larger cities, said Henry Butcher Malaysia chief operating officer Tang Chee Meng.

SINGAPORE (Sept 1): CapitaLand on Thursday announced the launch of Victoria Park Villas, a landed housing project located in Singapore’s District 10 and the only prime landed residential site to be awarded under the Government Land Sales programme since 1996.

SINGAPORE (Aug 31): CapitaLand Mall Asia Ltd, CapitaLand’s wholly owned shopping mall business, has signed a management contract to manage the retail component of the landmark Fortune Finance Center in Changsha, the provincial capital of Hunan in Central China.

SINGAPORE (Aug 22): CapitaLand Retail China Trust (CRCT) is looking at a “potential core asset” in its newest acquisition, the Galleria shopping mall in Chengdu, China.

Suria Capital Holdings Bhd (Aug 17, RM2) Downgrade to hold from buy with a lower target price of RM2.

KUALA LUMPUR (Aug 16): Tower Real Estate Investment Trust’s (REIT) second quarter net income fell 6.

JUST last week, Perda City Mall in Bukit Mertajam, Penang, suddenly shut down after a mere 18 months in business.

KUALA LUMPUR (Aug 3): TSR Capital Bhd, which currently has an order book of RM800 million, is tendering RM5 billion worth of construction projects, including the Damansara-Shah Alam Elevated Expressway, Sungai Besi-Ulu Klang Elevated Expressway, and mass rapid transit and light rail transit 3 projects.

REAL estate investors usually have two main considerations — rental yields and capital appreciation.

SCH Group Bhd (July 28, 21 sen) Maintain hold with an unchanged target price of 20 sen: SCH Group Bhd registered third quarter of financial year 2016 (3QFY16) net profit of RM700,000, soaring six-fold quarter-on-quarter (q-o-q), but down 66.