News about ER

PENANG (Oct 5): The Tamarind executive apartments at Seri Tanjung Pinang (STP), Penang are 94% sold with a balance of 104 units as at Sept 13, Eastern and Oriental Bhd head of sales and marketing (Penang) Christina Lau told TheEdgeProperty.

SINGAPORE (Oct 5): Still-buoyant sentiment in the mass market could allow Singapore’s property developers to raise prices, but might trigger further policy tightening on top of the property cooling measures in place, says Maybank Kim Eng.

PETALING JAYA (Oct 5): The current property market slowdown may only recover in 2018 and the market environment may dip further before that.

KUALA LUMPUR (Oct 5): Potentially higher Employees Provident Fund (EPF) withdrawal for homebuyers will not see significant impact on the property sector given that there are already various financing schemes from the government to address the challenge of homebuyers in purchasing their first homes, according to AllianceDBS research.

PETALING JAYA (Oct 5): Astaka Padu Sdn Bhd, an indirect subsidiary of Astaka Holdings Ltd has entered into a joint venture with Saling Syabas Sdn Bhd to develop a 258.

CAP Square Tower in Jalan Munshi Abdullah, Kuala Lumpur, has a new owner.

KUALA LUMPUR (Oct 4): Atrium Real Estate Investment Trust (REIT) has proposed to acquire a piece of industrial land measuring 1.

KUALA LUMPUR (Oct 4): Econpile Holdings Bhd has clinched a RM280 million contract to undertake piling and basement works for Maju Kuala Lumpur, a mixed development project situated in Sungai Besi.

KUALA LUMPUR (Oct 4): Sime Darby Bhd's plan to acquire a majority stake in Saizen Real Estate Investment Trust (Saizen REIT) through a reverse takeover (RTO) appears to have fallen through.

KUALA LUMPUR (Oct 4): The federal government is studying the possibility to allow first-time home buyers to withdraw more money from their Employees Provident Fund (EPF) account to finance their affordable house purchases.