Rehda: Most developers harbour pessimistic sales outlook

PETALING JAYA (Sept 20): Most developers are pessimistic on future sales performance, with 76% out of 153 respondents anticipating that their sales will be below 50% in 2H2017 and 1H2018, according to a survey by the Real Estate Housing Developers Association (Rehda) titled “Property industry survey 1H17 and market outlook for 2H17/1H18” in Peninsula Malaysia.

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E&O to sell five more non-core assets

KUALA LUMPUR (Sept 20): Eastern & Oriental Bhd (E&O) has put five other non-core assets up for sale, following the successful disposal of its Lone Pine Hotel in Penang and soon a piece of land in the Kuala Lumpur city centre.

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SHL eyes Myanmar affordable housing market

KUALA LUMPUR (Aug 24): SHL Consolidated Bhd's joint venture (JV) with Japan-based Marubeni Corp is looking at tapping into Myanmar's affordable housing market, in line with their business venture across the Association of Southeast Asian Nations (Asean) region.

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