S’pore home prices rise fastest in almost eight years in 1Q18
SINGAPORE (April 3): Price recovery gathers momentum in 1Q18, rising by 3.
Amanah Harta on the lookout to acquire assets
KUALA LUMPUR (April 2): Real estate investment trust (REIT) Amanah Harta Tanah PNB (AHP), which is managed by Pelaburan Hartanah Nasional Bhd, is looking for suitable assets to grow its portfolio mix despite the current unexcited property market.
Discovery Gallery for first luxury senior living project in Malaysia officially launched today
KUALA LUMPUR (March 9): Pelaburan Hartanah Bhd (PHB), UEM Group Bhd (UEM Group), and Japan’s Medical Care Service Inc (MCS) officially launched the discovery gallery of a joint project between the three parties known as Rei Seraya Residence — Malaysia’s first luxury senior living project with care services — on Jalan Ampang, next to Gleneagles hospital.
Singapore launches Buds by Shangri-La
SINGAPORE (March 2): Buds by Shangri-La opens at the first floor of Shangri-La Hotel, Singapore’s newly rejuvenated Tower Wing.
Higher expenses push Berjaya Assets into losses in 2Q
KUALA LUMPUR (Feb 28): Berjaya Assets Bhd slipped into the red in its second quarter ended Dec 31, 2017 (2QFY18), mainly due to higher operating expenses incurred by the property development and property investment business segment.
Graffiti galore
Graffiti — vandalism or art? For the longest time, the scourge of graffiti has blighted the lives of property owners and local authorities the world over.
AmanahRaya REIT proposes lower 4Q DPU despite jump in net income
KUALA LUMPUR (Feb 15): Amanahraya Real Estate Investment Trust (REIT)’s distribution per unit (DPU) for the fourth quarter ended Dec 31, 2017 (4QFY17) fell 5.
Count the cost of buying a property
First-time homebuyers often think they are ready to sign on the dotted line when they find their savings and monthly income are enough to cover the down payment and monthly instalments of their purchase.
IOI Properties unit issues first sukuk tranche totalling RM100m
KUALA LUMPUR (Dec 21): IOI Properties Group Bhd's wholly-owned subsidiary Fortune Premiere Sdn Bhd (FPSB) has issued RM100 million sukuk to refinance its debt, fund its capital expenditure and for working capital.
SkyWorld says established first RM1b sukuk
KUALA LUMPUR (Dec 11): SkyWorld Development Group has established its first RM1 billion Islamic bond or sukuk scheme to finance the property developer's projects.
