Initiative could increase developers’ risk profile
AS property developers are given the option to take on the role of moneylenders to homebuyers who cannot obtain bank loans, it remains to be seen whether they will jump on the bandwagon en masse.
AS property developers are given the option to take on the role of moneylenders to homebuyers who cannot obtain bank loans, it remains to be seen whether they will jump on the bandwagon en masse.
IOI Properties Group Bhd (Aug 30, RM2.
KUALA LUMPUR (Aug 30): IOI Properties Group Bhd will embark on its third property project in China, after winning the tender to acquire a 6.
KUALA LUMPUR (Aug 29): IOI Properties Group Bhd has successfully tendered for a 6.
KUALA LUMPUR (Aug 22): IOI Properties Group Bhd has reported a 3% drop in net profit for its fourth financial quarter ended June 30, 2016 (4QFY16) to RM389.
PUTRAJAYA: IOI Properties Group Bhd and Starwood Hotels and Resorts Worldwide Inc have opened Le Meridien Putrajaya, located within IOI Resort City, near Putrajaya.
IOI Properties Group Bhd July 19 (RM2.
KUALA LUMPUR (July 15): IOI Properties Group Bhd’s joint venture with Singapore-listed developer City Developments Ltd — South Beach Consortium Pte Ltd — recently announced its collaboration with Marriott International to launch the JW Marriott Hotel Singapore South Beach.
Property sector (July 14) Maintain neutral: Bank Negara Malaysia (BNM) has cut its overnight policy rate by 25 basis points (bps) to 3%.
• Today, we continue our focus on Puchong, Selangor by looking at average prices on a psf basis.