JLL: Asian investors of hotel properties continue shopping
PETALING JAYA (Feb 16): Asian investors of hotel properties will continue to feature in 2017, with groups from Singapore at the fore, according to global real estate firm JLL.
Wong Engineering to diversify into construction, property development
KUALA LUMPUR (Feb 16): Wong Engineering Corp Bhd, a manufacturer of high precision metal parts, plans to develop new sources of revenue by diversifying into the construction, property development and trading of construction materials.
‘PR1MA scheme has minimal impact on banks’
Banking sector Maintain neutral: On Tuesday, Perumahan Rakyat 1Malaysia (PR1MA) announced that the Special PR1MA End-Financing Scheme for first-time house buyers announced in Budget 2017 will benefit at least 15,000 buyers.
Berjaya Land sees RM17.2 mil gain from Vietnam resort disposal
KUALA LUMPUR (Feb 16): Berjaya Land Bhd (BLand) is selling its entire 70% stake in four-star Long Beach Resort Phu Quoc in Vietnam to Sulyna Hospitality Hotel Restaurant Travel Service Co Ltd for 333.
What can you get for S$1 mil in the prime districts?
VALUE hunters are spoilt for choice when it comes to house-hunting in the prime residential districts.
Al Salam REIT's 4Q NPI jumps 33% due to bigger asset portfolio
KUALA LUMPUR (Feb 15): Al Salam Real Estate Investment Trust (REIT) saw its net property income (NPI) jump 33% to RM16.
CityDev subsidiary acquires Shanghai commercial project for S$186 mil
SINGAPORE (Feb 15): CDL China, a wholly-owned subsidiary of City Developments Limited (CDL), is acquiring a prime Shanghai commercial project, Meidao Business Plaza for RMB 900 million (S$186 million) through the purchase of a 100% equity stake in Shanghai Meidao Investment Co.
CapitaLand posts 74% rise in 4Q earnings to S$430.5 mil on higher handover of China projects
SINGAPORE (Feb 15): CapitaLand reported a 73.
Spacious units at The Riyang condominium in Kuchai Lama to target families
KUALA LUMPUR (Feb 15): Suntrack Development Sdn Bhd’s latest residential development, The Riyang, aims to attract families who are living in the mature neighbourhood of Happy Garden in Kuchai Lama, Kuala Lumpur.
