News about PA

KUALA LUMPUR: Rather than subsidising the cost of senior citizen living, property industry experts suggested that reverse mortgages could better help senior homeowners be more financially independent in their golden years.

SHAH ALAM (Nov 3): The Selangor government rejected 8,770 out of 17,546 applications received for affordable housing under the Rumah Selangorku programme since it was introduced in 2012, Bernama reported today.

BEIJING (Nov 3): Malaysia has attracted growing investment interest from major China companies, among which is the giant real estate developer, China Fortune Land Development Co Ltd (CFLD), Bernama reported today.

To world-renowned architect Paul Tange, trends, a general direction in which something is developing or changing, is something which is transitory.

SINGAPORE (Nov 3): Credit Suisse analysts Sakthi Siva and Kin Nang Chik are maintaining their “underweight” rating on Asia Pacific REITs even as valuations have fallen 12% over the past three months and are trading at 1.

KUALA LUMPUR (Nov 3): Tan Sri Desmond Lim Siew Choon’s emergence as the single-largest shareholder of WCT Holdings Bhd on Tuesday has got the market speculating about his plans for the construction group as well as Malton Bhd and Pavilion Real Estate Investment Trust (REIT), in which he has 35.

KUALA LUMPUR (Nov 3): Opposition members of parliament (MPs) have questioned several aspects of the RM55 billion East Coast Rail Line (ECRL) project, including pricing, alleged lack of transparency, and the need for the project.

KUALA LUMPUR (Nov 2): Tan Sri Lim Siew Choon, the man behind the Pavilion Group, has been appointed executive chairman of WCT Holdings Bhd with immediate effect.

PETALING JAYA (Oct 31): KIP Group’s latest development — Core SoHo (Small-office Home-office) Suites in Kota Warisan, Sepang, is well-received with 80% of Tower B’s units taken-up, according to the group’s director Valerie Ong.

SINGAPORE (Nov 1): DBS Vickers Securities is maintaining its “buy” call on Starhill Global REIT (SGREIT) with an unchanged target price of 87 Singaporean cents, while CIMB Securities is reiterating its “hold” call on the REIT, lowering its target price from 86 cents previously to 81 cents.