Singapore office capital values resilient despite challenges
SINGAPORE (May 15): Capital values for offices in Singapore have remained resilient despite declining rents and an influx in supply, according to Cushman & Wakefield.
Bina Darulaman 1Q net profit drops 88%
KUALA LUMPUR (May 15): Bina Darulaman Bhd's net profit fell 88% to RM279,000 in its first quarter ended March 31, 2017 (1QFY17), mainly due to a loss of interest income from the early settlement of financing for the Insaniah University College (KUIN) campus project.
Vacant residential tax will not greatly impact Melbourne market, says property consultant
MELBOURNE, Australia (May 15): The vacant property tax, which is set to be implemented in January next year in the state of Victoria, will not have a “catastrophic effect” on the local property market, said Charter Keck Cramer director James Mansour at a media briefing for Malaysian press on the Australian Property Market today.
First terraced homes at Eco Horizon and Eco Sun set for launch in 2H2017
PENANG (May 14): Eco World Development Group Bhd is targeting to launch the first phase of landed terraced homes at its Eco Horizon and Eco Sun complementary township developments in Batu Kawan, Penang sometime in 2H2017, Eco World Penang general manager Khoo Teck Chong told TheEdgeProperty.
Cheria Residences at Tropicana Aman, Kota Kemuning 80% sold
PETALING JAYA (May 12): Tropicana Corp Bhd’s Cheria Residences at Tropicana Aman near Kota Kemuning, Selangor has achieved 80% take-up to date.
Sunway City set to be smoke-free city
PETALING JAYA (May 12): Sunway Real Estate Investment Trust (Sunway REIT) has embarked on a sustainability campaign, “Clean Air – A Smoke Free Environment Project”, at Sunway REIT’s flagship asset, Sunway Pyramid Shopping Mall.
Sunway City, a new corporate address
Mention Sunway City and children will squeal with delight with the Sunway Lagoon Theme Park on their minds, or the ice-skating rink located inside the Sunway Pyramid Shopping Centre.
Kerjaya Prospek bags RM207.36 mil contract
KUALA LUMPUR (May 11): Kerjaya Prospek Group Bhd has bagged a contract worth RM207.
MK Land sells Perak land for RM72 mil
MK Land Holdings Bhd (May 9, 33 sen) Maintain neutral with an unchanged target price (TP) of 35 sen: MK Land Holdings Bhd has entered into two sale and purchase agreements with KL Teh Land and Development Sdn Bhd for the disposal of nine parcels of leasehold land for RM72 million.
