Sime Darby Property, CREAM to commercialise D3 concept
KUALA LUMPUR (Jan 26): Sime Darby Property and the Construction Research Institute of Malaysia (CREAM) today signed an agreement to commercialise the Divergent Dwelling Design (D3) design concept.
Gadang up 6.8% on strong 2Q earnings
KUALA LUMPUR (Jan 26): Construction and property outfit Gadang Holdings Bhd saw its stock rise as much as 6.
Ascendas Hospitality Trust posts 13.1% higher 3Q DPS of 1.64 cents
SINGAPORE (Jan 26): Ascendas Hospitality Trust saw DPS grow 13.
Mapletree Commercial Trust’s 3Q DPU grows 9.7% to 2.28 cents
SINGAPORE (Jan 25): The manager of Mapletree Commercial Trust (MCT) has declared a distribution per unit (DPU) of 2.
Gadang's 2Q net profit up 57.5% on higher construction, property contributions
KUALA LUMPUR (Jan 25): Gadang Holdings Bhd’s net profit rose 57.
JLL: Vietnam, the rising star of Southeast Asia’s property market
PETALING JAYA (Jan 25): Vietnam will stand out as a rising star in the Southeast Asia property market with strong demand growth in the office, residential and retail sectors as well as increasing foreign direct investment (FDI) to the country, according to international real estate services firm JLL.
CAB Cakaran buys land from subsidiary Farm’s Best for RM58 mil
KUALA LUMPUR (Jan 25): CAB Cakaran Corp Bhd is buying 118.
CMMT sees rental pressure remaining in near term
KUALA LUMPUR (Jan 25): The downward pressure on rental in shopping malls will remain in the near term as more shopping space comes into the market, according to Low Peck Chen (pictured), the chief executive officer (CEO) of Capitaland Malaysia Mall REIT Management Sdn Bhd (CMRM), the manager of Capitaland Malaysia Mall Trust (CMMT).
90% of Liberty Arc’s Block B and C SoHo units taken up
PETALING JAYA (Jan 24): EcoFirst Consolidated Bhd saw 90% of Block B and C in its Liberty Arc project in Ampang Ukay taken up ahead of the official launch in March.
