Selangor Properties 3Q net profit dips 3.7%
KUALA LUMPUR (Sept 23): Selangor Properties Bhd's net profit for the third quarter ended July 31, 2016 (3QFY16) dropped 3.
35-year loan tenure more than enough, says Rehda president
KUALA LUMPUR (Sept 21): In response to requests for an extension in the tenure of housing loans to up to 40 years, the Real Estate and Housing Developers Association (Rehda) said the current 35-year limit is more than enough.
Poh Huat expands beyond existing bases into Australia
Poh Huat Resources Holdings Bhd (Sept 20, RM1.
Properties priced from RM500,001 to RM700,000 faced the most loan rejections in 1H2016
PETALING JAYA (Sept 14): Properties priced from RM500,001 to RM700,000 faced the highest loan rejection rates, according to almost a quarter of 157 respondents to the Real Estate and Housing Developers’ Association (Rehda) property industry survey 1H2016.
Poh Huat upbeat about positive US housing data
KUALA LUMPUR (Sept 13): The recent positive US housing data is good news for exports-oriented furniture manufacturer Poh Huat Resources Holdings Bhd, which derives at least 60% of its sales from the US market.
Sunway seeks opportunities amidst an economic downturn
PETALING JAYA (Aug 13): Some developers might be deterred by the sluggish property market by pushing back their launches but Sunway Property, the property development arm of Sunway Bhd, sees opportunities in the downturn.
Frasers Centrepoint adds to prime industrial site in Australia
SINGAPORE (Aug 2): Frasers Centrepoint Ltd’s Australian unit, Frasers Property Australia (formerly Australand), on Tuesday announced it is acquiring a 10ha site adjacent to its Eastern Creek Business Park in western Sydney.
Aged care and retirement communities need a rethink in Malaysia
GROWING old is inevitable, no matter how much you juice, exercise or slap on expensive moisturiser.
CapitaLand’s Ascott to buy prime Australian property for S$71 mil
SINGAPORE (July 12): CapitaLand's wholly-owned serviced residence business unit, The Ascott, is acquiring a 221-unit serviced residence in Docklands, Melbourne, for A$71 million (S$71 million) (RM210 million) as part of its partnership with Australian-based apartment operator Quest Apartment Hotels.
Salcon ventures into Australia with planned A$230m residential project
KUALA LUMPUR (July 1): Salcon Bhd is buying a plot of freehold commercial plot in Australia, together with a car park and a two-storey office building erected on it, for A$37.
