On bringing down property prices
Continues from: On IBS as the way to reduce cost ‘Every stakeholder has to play his or her part, not just developers’ Chong: We really need help from the government to reduce cost and prices.
Tiong Nam to finalise REIT listing by this month
Tiong Nam Logistics Holdings Bhd (Sept 2, RM1.
Securities Commission says no to Yi-Lai's waiver application
KUALA LUMPUR (July 29): The Securities Commission (SC) has rejected Yi-Lai Bhd's waiver application for Aspen Vision All Sdn Bhd to comply with the regulator's requirement that Aspen Vision All must be an operating entity for at least three years.
Sizing up SC’s proposed changes to REIT rules
REAL estate investment trusts (REITs), as prospective property buyers, not only provide a new source of deals but is also an avenue for banks to cut property-related lending exposure as developers raise cash from property disposals to relieve their stretched balance sheets.
SC’s proposed new guidelines will not impact REITs in the near to medium term
Real estate investment trust sector Maintain neutral: Last Thursday, the Securities Commission Malaysia (SC) released several proposed enhancements to Malaysia’s guidelines on real estate investment trusts (REITs) seeking public feedback.
SC seeks to relax REIT rules
KUALA LUMPUR (July 15): Malaysian real estate investment trusts (REITs) may soon be able to buy vacant land and engage in property development activities if a new proposal by the Securities Commission Malaysia (SC) garners positive response.
Market seen moving into M-REITs on OPR cut to 3%
M-REIT sector Upgrade to overweight: Much to our surprise, Bank Negara Malaysia (BNM) cut the overnight policy rate (OPR) by 25 basis points to 3% and we believe this will continue to spur the market to move into yield assets, and Malaysian real estate investment trusts (M-REITs) are often the darling of equity investors during monetary easing due to their stability and high-yielding nature, despite the average yield being compressed to 6.
HLIB Research upgrades M-REITs to 'Overweight' after OPR cut
KUALA LUMPUR (July 14): Hong Leong Investment Bank Research (HLIB Research) has upgraded Malaysian Real Estate Investment Trusts (M-REITs) to “Overweight”, following Bank Negara’s move to cut the overnight policy rate (OPR) by 25 basis points to 3% yesterday.
SC grants waiver to Sunway REIT for Penang land buy
KUALA LUMPUR (July 14): The Securities Commission Malaysia (SC) has granted a waiver to Sunway Real Estate Investment Trust (Sunway REIT) that will allow the company to acquire land to construct an extension of the Sunway Carnival Mall in Seberang Perai, Penang.
Number of deals to rise as REITs seek to build
MALAYSIAN real estate investment trusts (M-REITs) are touted as safe haven assets for investors seeking safety in dividend yields post-Brexit.
