Market correction to continue in 2016

CHECK your risk appetite and start investing as this is as good a time as any to invest in real estate be they physical assets, property stocks or real estate investment trusts (REITs).

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S P Setia confirms Khor as executive president and CEO

KUALA LUMPUR (April 5): S P Setia Bhd has confirmed its acting president and chief executive officer (CEO) Datuk Khor Chap Jen (pictured) as executive president and CEO, Datuk Wong Tuck Wai as deputy president and chief operating officer (COO), and Choy Kay Yew as chief financial officer (CFO), effective April 1.

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Shift to affordable sector may strain developers’ margins

KUALA LUMPUR (April 4): The shift of focus to affordable housing below the RM500,000 per unit range, which has been seeing more resilient demand than higher-end properties, may strain the margins of developers, especially those who are not traditionally involved in this housing category, said Kenanga Investment Bank.

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