UEM Sunrise commences construction of Conservatory
MELBOURNE (Oct 12): Property developer UEM Sunrise Bhd has commenced construction of Conservatory, its second project in Melbourne, Australia, the group announced in a press release today.
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Cosmo Hotel Kuala Lumpur to open on Dec 1
PETALING JAYA (Oct 12): The 347-room Cosmo Hotel Kuala Lumpur, owned by Mayland Group, is set to open for business on Dec 1, 2016.
Frasers Property appoints Brookfield Multiplex to build Central Park’s Wonderland for S$146 mil
SINGAPORE (Oct 12): Frasers Property, the property arm of Frasers Centrepoint Ltd (FCL), appointed contractor Brookfield Multiplex to build the final residential stage of Central Park, Wonderland, for approximately A$140 million (RM587 million).
Financial aid helps but it’s not the answer
THE government is certainly aware of the widening gap between the affordability of properties and household income.
Budget 2017 wish list
The past 12 months have not been easy for the domestic property market.
SPB targets 50% take-up for Aira Residence by year-end
KUALA LUMPUR (Oct 11): Selangor Properties Bhd (SPB) is targeting a 50% take-up for its Aira Residence condominium project on Jalan Batai, Damansara Heights by this year end, said SPB CEO Chong Kong San at the Aira Residence grand launch today.
Bank Negara says 'broader alternatives to home ownership' key to protect buyers
KUALA LUMPUR (Oct 11): Bank Negara Malaysia said developing broader home ownership alternatives, including a well-functioning rental market, was deemed a policy priority to protect homebuyers from financial hardship.
Sime’s Saizen REIT buy is back on track
KUALA LUMPUR (Oct 11): Sime Darby Bhd’s plans to acquire a majority stake in Singapore-based Saizen Real Estate Investment Trust (REIT) through a reverse takeover is back on track.
