Police report lodged over Mara’s Aussie property buys
KUALA LUMPUR (Feb 18): A whistleblower group and a former student activist lodged a police report today over Majlis Amanah Rakyat's (Mara) purchase of properties in Australia.
KUALA LUMPUR (Feb 18): A whistleblower group and a former student activist lodged a police report today over Majlis Amanah Rakyat's (Mara) purchase of properties in Australia.
KUALA LUMPUR (Feb 17): Sime Darby Bhd is planning to sell some RM2 billion worth of real-estate assets in Australia and Singapore as it battles cash flow issues amid falling palm oil prices, The Wall Street Journal reports.
KUALA LUMPUR (Feb 16): TRC Synergy Bhd is selling an office suite in the suburbs of Melbourne, Australia, to its managing director Tan Sri Sufri Mohd Zin for A$1.
SYDNEY (Feb 16): A loophole in Australian property rules has helped overseas developers invest what industry executives believe were record levels in the country in 2015, casting doubt over the efficacy of curbs intended to keep a lid on soaring prices.
PERTH (Feb 1): Good communication with tenants and owners are among the top priorities of property managers seeking to overcome persistently high vacancy rates in some of Australia’s capital cities.
CONSERVATORY Melbourne, UEM Sunrise Bhd’s second project in Australia, was launched last October and has received good response.
KUALA LUMPUR (Jan 14): Sydney is expected to see the strongest prime property price growth in 2016, rising by 10% year-on-year, said global property consultancy Knight Frank in its newly released Prime Cities Forecast Report on 10 global cities.
ADELAIDE (Jan 7): A major Australian city is in the midst of a huge public land sell off including prime harbourside sites and properties in inner-city suburbs.
(Jan 4): Australian home price growth stalled in December as tighter lending rules and higher mortgage rates took the heat out of the Sydney market, though the overall result masked wide differences across the major cities.
SEVERAL real estate markets across the globe grew this year, albeit at a slower pace.