News about ER

SINGAPORE (Aug 18): Singapore Exchange (SGX) and the Singapore Institute of Surveyors and Valuers (SISV) announced on Aug 17 that they are jointly reviewing valuation practices as well as reporting done by real estate valuers that are engaged by listed issuers.

KUALA LUMPUR (Aug 18): Serba Dinamik Holdings Bhd has inked the first of two memorandums of agreement (MoAs) to kick-start its RM1.

KUALA LUMPUR (Aug 18): S P Setia Bhd's RM4 billion new property sales target for 2017 is achievable as first half sales had exceeded RM2 billion, according to Hong Leong Investment Bank Bhd and RHB Research Institute Sdn Bhd.

KUALA LUMPUR (Aug 18): Serba Dinamik Sdn Bhd is planning to take part in an integrated industrial, commercial and residential project worth an estimated RM1.

KUALA LUMPUR (Aug 18): S P Setia Bhd has confirmed that the second phase of the Battersea Power Station project in London has seen rising construction costs due to a push-up for the building envelope, changes in design and inflation.

Sold for: RM880,000 Concluded by: Lai Yan Yin (REN 17086) of MIP Properties Sdn Bhd (012-881 8886) and Calvin Moy (REN 04457) of Reapfield Properties Sdn Bhd (016-692 1567) When: June 2017 Noteworthy:  ● Freehold ● Built-up: 2,000 sq ft ● Land size: 22ft x 75ft ● Three bedrooms and three bathrooms ● Strict security ● Surrounded by amenities at Taipan Business Centre Located in USJ 5, Subang Jaya, Selangor, this double-storey home was purchased by a couple with a growing family.

KUALA LUMPUR (Aug 17): Malaysian Anti-Corruption Commission officers today conducted a search at the office of Land Public Transport Commission (SPAD) chairman Tan Sri Mohd Isa Abdul Samad at Jalan Stesen Sentral here in relation to the MACC’s investigation into cases related to Felda Investment Corp (FIC), Bernama reported today.

BUKIT JALIL (Aug 17): Malton Bhd expects units in Tower 1 and Tower 2 of its luxury serviced apartment project, The Park 2 Pavilion Bukit Jalil to be fully taken up by year-end, Bernama reported today.

JOHOR BAHRU (Aug 17): Sunway Property’s Sunway Iskandar township development in Johor will be rolling out a retail village, an extreme park and a hotel over the next few years.

SINGAPORE (Aug 17): The manager of Ascott Residence Trust (ART), Ascott Residence Trust Management, says the real estate investment trust’s purchase of DoubleTree by Hilton New York-Times Square South in New York is now completed, theedgesingapore.