50 Cent trying to sell mansion, slashes price again
KUALA LUMPUR (July 22): It is hard times for American rapper 50 Cent.
Time for property investors to reassess their holdings
THE local property market has seen frenzied buying in recent years as real estate is considered by many to be the perfect investment in the face of rising inflation.
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Investors favour real estate, private equity and hedge funds
THE real estate sector may deliver better returns than bonds, but investors should be patient and selective when looking at new property allocations, according to the Global Alternatives Survey 2016, published by Willis Towers Watson, a leading global advisory and broking and solutions company headquartered in London.
Sizing up SC’s proposed changes to REIT rules
REAL estate investment trusts (REITs), as prospective property buyers, not only provide a new source of deals but is also an avenue for banks to cut property-related lending exposure as developers raise cash from property disposals to relieve their stretched balance sheets.
Sunway looking to take a bigger stake in JVs
BUSINESS partnerships, like marriages, require mutual trust and respect.
Sunway mulls bigger stake in Singapore JV projects
PETALING JAYA (July 16): Sunway Bhd is mulling a bigger stake in its joint venture (JV) projects with Singaporean developer Hoi Hup Realty Pte Ltd on the island republic, said Sunway’s deputy managing director of the property development division for Malaysia and Singapore Tan Wee Bee.
Number of deals to rise as REITs seek to build
MALAYSIAN real estate investment trusts (M-REITs) are touted as safe haven assets for investors seeking safety in dividend yields post-Brexit.
MAHB and AREA to develop RM436m tech park in Subang
PETALING JAYA (July 13): Malaysia Airports Holdings Bhd (MAHB) has tied up with AREA Management Sdn Bhd (AREA), the project management company of AREA Industrial Development Fund 1 (AIDF 1), to develop a technology park with a gross development value (GDV) of RM436 million.
China’s Zhejiang province takes ‘action plan’ to reduce unsold, unused properties
KUALA LUMPUR (July 13): The property glut monster in China has now reached Zhejiang province.
M-REITs may be allowed to build own properties
MALAYSIAN real estate investment trusts (M-REITs) may soon be allowed to put as much as 15% of their total assets into development projects and vacant land for development and are already positioning themselves for the liberalisation that is slated for the end of the year, industry sources say.
