News about ST

KUALA LUMPUR (Sept 7): AmFunds Management Bhd, or more commonly known as AmInvest, has rated Malaysia's real estate investment trust (REIT) as "underweight", despite seeking to double its investment to RM500 million in that asset class by next March.

KUALA LUMPUR (Sept 7): The Federal Land Development Authority (Felda) will start the construction of single-storey terraced homes under the Felda New Generation Housing programme in about one or two months, said chairman Tan Sri Mohd Isa Abdul Samad, according to a Bernama report yesterday.

  CONTRACTOR-cum-developer Crest Builder Holdings Bhd, which has seen its earnings and revenue fluctuate from year to year, plans to reduce the fluctuations by staggering the timing of its property projects, says managing director Eric Yong Shang Ming.

KUALA LUMPUR (Sept 6): Sunway Developments Pte Ltd, a unit of Sunway Bhd, along with its joint venture partners have won a tender to acquire a 99-year leasehold land at Anchorvale Lane in Sengkang, Singapore from the Housing and Development Board of Singapore for S$240.

PETALING JAYA (Sept 5): Property developer Hua Yang Bhd is targeting to launch a RM368 million mixed-use development known as Astetica Residences in Seri Kembangan, Selangor, within this quarter (3Q2016).

SINGAPORE (Sept 5): HomeAway has been in the holiday homestay business since 2005, but ask someone which online platform he might use to book accommodation that is not in a hotel, and chances are he will say Airbnb.

Property sector (Sept 5) Upgrade to neutral from underweight: Year to date (YTD), the Kuala Lumpur Property Index (KLPRP) is up by 2.

There is a clear lack of awareness and understanding on the part of homebuyers in relation to strata living which, consequently, leads to several common misconceptions.

       Being aware of future trends not only enables businesses, including those in the building and construction industry, to stay relevant but also empowers them to improve the community in a dynamic and sustainable way.

WHERE are the next property investment hotspots along the planned route of the Kuala Lumpur-Singapore High Speed Rail (HSR)? Well, we could consider cities and towns with a strong working population or with strong tourism elements, said real estate experts during a panel discussion entitled “HSR — The Big Idea” at TheEdgeProperty.