Lower property development earnings seen for IOI Properties
IOI Properties Group Bhd (May 21, RM1.
Review of megaprojects may be 'blessing in disguise'
KUALA LUMPUR (May 14): While markets are nervous that the new ruling coalition Pakatan Harapan’s pledge to review megaprojects may negatively impact the construction sector, some see the plan as a chance for greater inclusion of local players.
Country Garden optimistic on economic growth despite new government
PETALING JAYA (May 11): The change in administration in Putrajaya does not impact Country Garden Malaysia’s optimistic view of Malaysia’s growth prospects as it believes economic development will remain as the common goal of all the rakyat.
Damansara Realty, Chinese firm to jointly bid for JB-S'pore RTS project
KUALA LUMPUR (May 8): Damansara Realty Bhd is teaming up with China State Construction Engineering (M) Sdn Bhd (CSCEM) to tender for the 4km Johor Baru-Singapore Rapid Transit System (RTS) railway project.
Bank Negara to keep interest rate at 3.25%, says AmBank Research
KUALA LUMPUR (May 2): Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate at 3.
Positive economic outlook, strengthening ringgit to attract more investors
PETALING JAYA (April 26): The positive economic outlook and re-covering ringgit will attract more investors who are currently taking a wait-and-see approach, in spite of the overall weak property market across various segments, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.
AIIB considering financing KL-Singapore HSR
KUALA LUMPUR (April 19): The Asian Infrastructure Investment Bank (AIIB) has expressed its interest in financing the Kuala Lumpur-Singapore High Speed Rail (HSR), among other infrastructure projects in Malaysia, according to the Embassy of China.
Hong Kong is Asia’s best performing housing market in 2017
PETALING JAYA (April 18): Although the residential market in the Asia Pacific region has generally slowed, Hong Kong has achieved a 14.
China Ouhua’s land buy expected to receive title transfer soon
KUALA LUMPUR (April 6): China Ouhua Winery Holdings Ltd has yet to receive the transfer of land-title ownership from the local government in the Zhifu district, China for the proposed purchase of a 40-acre (16.
Malaysia’s super rich own the most homes in Asia Pacific
KUALA LUMPUR (April 5): Malaysia’s ultra-high-net-worth individuals (UHNWIs) take the lead when it comes to owning the most number of primary and secondary homes in the Asia-Pacific region, according to The Wealth Report Attitudes Survey 2018, which is part of independent global property consultancy Knight Frank’s 12th edition of The Wealth Report.
