MALAYSIAN real estate investment trusts (M-REITs) may soon be allowed to put as much as 15% of their total assets into development projects and vacant land for development and are already positioning themselves for the liberalisation that is slated for the end of the year, industry sources say.
KUALA LUMPUR (July 12): Do you complain about how apartment units are getting increasingly small.
PETALING JAYA (July 12): The rising price of homes is one of the biggest complaints of Malaysians, especially for city folk.
KUALA LUMPUR (July 11): Yong Tai Bhd's share price rose further today to a 10-month high as investors reacted positively to the group's plan to jointly undertake a property development project in Ijok, near Kuala Selangor, with another company.
PETALING JAYA (July 11): The Nawawi Tie Leung group of companies — previously comprising DTZ Nawawi Tie Leung Sdn Bhd and DTZ Nawawi Tie Leung Property Consultants Sdn Bhd — have been rebranded as Nawawi Tie Leung Real Estate Consultants Sdn Bhd and Nawawi Tie Leung Property Consultants Sdn Bhd, said the group in a press statement.
Property sector Maintain neutral: Out of eight property developers under our coverage, two (UEM Sunrise Bhd [UEMS] and Eastern & Oriental Bhd [E&O]) reported earnings below expectations.
SENTOSA Cove has some of the priciest waterfront resort homes built on 99-year leasehold reclaimed land.
AT 10pm on June 23, the polls for the referendum on whether the UK should remain in or leave the European Union (EU) closed.
IN the light of the slowdown in the property sector, developers with a chunk of their sales in affordable housing are expected to weather the storm much better than those with high-end products, say analysts and real estate consultants.
KUALA LUMPUR (July 5): Mass Rapid Transit Corp Sdn Bhd (MRT Corp), which announced yesterday the award of three work packages worth RM1.
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