News about ST

Eco World Development Group Bhd (Dec 9, RM1.

KUALA LUMPUR (Dec 13): One of China’s top 10 real estate developers and also among Forbes Asia’s Top 30 companies, Country Garden has partnered with Johor’s Esplanade Danga 88 Sdn Bhd in a joint venture (JV) to launch its latest project, Forest City, with a gross development value of US$100 billion (RM441 billion).

KUALA LUMPUR (Dec 13): While the spike in Malaysian Government Securities (MGS) 10-year yield has made real estate investment trusts (REITs) relatively less attractive, analysts said the fundamentals of REITs are still intact and are still commanding a premium over MGS yields.

Despite the spike in housing prices in both Sydney and Melbourne in recent years, these two cities are expected to see further price growth in the next 12 months.

VIDEO: Flower Power — 8 simple steps to dress up your dining table WHEN American poet Ralph Waldo Emerson declared the “earth laughs in flowers” in the last century, no one seems to have objected to this day.

KUALA LUMPUR (Dec 9): Eco World International Bhd (EWI), which is on track to list on Bursa Malaysia’s Main Market by March next year, is in talks with tycoon Tan Sri Quek Leng Chan’s Guoco Group Ltd to jointly redevelop some assets the latter owns in London.

KOTA KEMUNING (Dec 8): Gamuda Bhd group managing director Datuk Lin Yun Ling said he was unaware that the proposed Penang Transport Master Plan's (TMP) original RM27 billion cost had exceeded RM40 billion as reported.

GEORGE TOWN (Dec 7): Penang Gerakan Youth questioned the state government about the restoration of derelict buildings along Victoria Street and Kimberly Street, here, Bernama reported today.

PETALING JAYA (Dec 7): The negative trend in the property sector continues as the third quarter of 2016 registered a decline of 8.

ISKANDAR PUTERI (Dec 6): Forest City, a mixed-use development on four man-made islands, is expected to contribute RM66 billion in tax revenue to the government over two decades.