Property counters may be a safer bet
BOTH the Malaysian and Singaporean governments have sent clear signals that the high-speed rail (HSR) linking Kuala Lumpur and the city state will be a reality; it is only a matter of time.
BOTH the Malaysian and Singaporean governments have sent clear signals that the high-speed rail (HSR) linking Kuala Lumpur and the city state will be a reality; it is only a matter of time.
THE well-established Bandar Sunway is one of the most vibrant townships in the Klang Valley with thousands of people visiting its megamall, theme park and educational institutions every day.
KUALA LUMPUR (Aug 16): As a result of the release of the Pokémon GO in Malaysia, retail real estate investment trusts (REITs) are expected to remain market outperformers, with Sunway REIT seen as providing the best upside, according to UOB Kay Hian research.
KUALA LUMPUR (Aug 16): A consortium led by George Kent (Malaysia) Bhd has emerged the front runner for a RM1 billion deal to build new tracks for the mass rapid transit (MRT) Line 2, known as the Sungai Buloh-Serdang-Putrajaya (SSP) Line.
Gabungan AQRS Bhd, a mid-size construction and property development company, is getting a RM500 million subcontract for the CA3 portion of the Sungai Besi-Ulu Kelang Expressway (SUKE).
KUALA LUMPUR (Aug 15): IGB Corp Bhd announced a proposed disposal of Renaissance Kuala Lumpur Hotel (Renaissance KL) (pictured) by Great Union Properties Sdn Bhd, a wholly-owned subsidiary of IGB to Ventura International Sdn Bhd for RM765 million.
Sunway Real Estate Investment Trust Maintain buy with a higher target price of RM1.
Tambun Indah Land Bhd (Aug 12, RM1.
PETALING JAYA (Aug 13): Some developers might be deterred by the sluggish property market by pushing back their launches but Sunway Property, the property development arm of Sunway Bhd, sees opportunities in the downturn.
PETALING JAYA (Aug 12): The Penang state government is on a fact-finding mission to pin point the possible impact of a rental hike on its pre-war buildings in George Town.