House prices continue to grow despite cooling measures, says Knight Frank
PETALING JAYA (March 30): Malaysia’s house price index grew by 5.
Malaysia's affordable housing undersupply may 'worsen'
KUALA LUMPUR (March 23): The undersupply of affordable houses in Malaysia may worsen, given current income and demographic factors, according to Bank Negara Malaysia's 2016 Annual Report.
e-Lelong online auction to begin in end-March with pilot project
PETALING JAYA (March 20): The online property auction platform e-Lelong for court auctions will be officially launched before the month is out.
Domestic demand to be key driver in Asia Pacific office markets
IN its latest Asia Pacific Prime Office Rental Index for 4Q2016, global property consultancy Knight Frank found that 12 cities out of 19 surveyed in the Asia-Pacific region have registered positive rental growth in 4Q2016, up from eight in the previous quarter.
Breaking up Sime Darby is a smart move — Aberdeen CEO
KUALA LUMPUR (March 14): Sime Darby Bhd’s decision to unlock value for its shareholders by breaking its conglomerate structure into three distinct pure play companies is a smart move, said Aberdeen Asset Management plc co-founder and chief executive officer (CEO) Martin Gilbert.
Office market — not all doom and gloom
DESPITE the current soft commercial office market, Khong & Jaafar Sdn Bhd managing director Elvin Fernandez believes that there are office units that still offer good rental yields.
Acquisition of CapitaGreen timely for CapitaLand Commercial Trust
SINGAPORE (March 8): DBS is maintaining its “buy” recommendation for CapitaLand Commercial Trust, thanks to the timely acquisition of the remaining 60% stake in CapitaGreen.
Eco Boulevard shopoffices at Eco Botanic being handed over
PETALING JAYA (March 3): Eco World Development Group Bhd (EcoWorld) has been handing over the shopoffices at Eco Boulevard, the business precinct of its Eco Botanic township in Johor, to owners since February.
Kerjaya Prospek 4Q profit up fivefold on contribution from newly acquired units
KUALA LUMPUR (Feb 27): Kerjaya Prospek Group Bhd has posted a fivefold increase in net profit for the fourth quarter ended Dec 31, 2016 (4QFY2016) after consolidating results from two subsidiaries that were acquired in January 2016.
‘Gabungan AQRS front runner for Pahang police HQ contract’
PETALING JAYA (Feb 27): Gabungan AQRS Bhd, which recently posted a turnaround in the financial year ended Dec 31, 2016 (FY2016), is believed to stand a good chance of securing the contract to build the police headquarters in Kota Sultan Ahmad Shah (KotaSAS), according to sources.
