News about S

SINGAPORE (Feb 14): CIMB is maintaining its “underweight” on S-REITs, forecasting DPU growth to be muted in view of the uptick in Fed fund rates and wary of capital depreciation.

SINGAPORE (Feb 14): CapitaLand announced Monday that its wholly-owned subsidiary CLV Investment 5 has acquired an additional 20% interest in CapitaLand-Thien Duc Company (CTD) for a cash consideration of US$17.

KUALA LUMPUR (Feb 14): Ekovest Bhd, which has completed the sale of a 40% stake in the Duta-Ulu Kelang Expressway (DUKE) concession to the Employees Provident Fund (EPF), will be paying a 25 sen special dividend to shareholders.

Sunway Bhd (Feb 13, RM3.

KUALA LUMPUR (Feb 14): Perbadanan PR1MA Malaysia has submitted a proposal to the government for the moratorium on reselling imposed on buyers of its houses to commence from the date the Certificate of Completion and Compliance (CCC) issued.

RITZY, designer serviced suites have gained in popularity in recent times.

While there was a sharp drop in the volume of transactions across all subsectors in the property market last year, average prices per unit are still increasing 5%, says CBRE | WTW managing director Foo Gee Jen in presenting the Malaysia series of the property consultancy firm’s Asia-Pacific Real Estate Market Outlook for 2017.

SUBANG (Feb 13): More than 60% of potential 1Malaysia Housing Programme or PR1MA homebuyers had to give up their booked units due to problems with end-financing.

PUTRAJAYA (Feb 13): IOI Properties Group Bhd is looking to launch property projects worth an estimated gross development value (GDV) of RM2 billion to RM2.

SINGAPORE (Feb 13): The manager of Manulife US REIT reported a distribution per unit (DPU) of 3.