A real test and the catalysts for Iskandar Malaysia

THE current cautious sentiment and oversupply situation in Iskandar Malaysia are making it tough for developers and investors to unload their properties — it can take months to dispose of a property and even then, it may have to come with a double-digit price cut, according to Chestertons Singapore managing director Donald Han.

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Johor’s subsale market sees slight increase

JOHOR BAHRU (Oct 10): Despite sales having been impacted by weak market sentiments, the subsale market in Johor has recently seen a marginal increase of 5% in selling price, with buyers’ interest mostly concentrated on landed properties.

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Al-Salam REIT’s IPO oversubscribed 2.96 times

KUALA LUMPUR: The general public portion of the initial public offering (IPO) of al-Salam Real Estate Investment Trust (REIT), en route to list on the Main Market of Bursa Malaysia on Sept 29, has been oversubscribed by 2.

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