News about URA

EMPLOYERS be forewarned! The proposed Employment Insurance Scheme (EIS) will be implemented soon pending final approval by the government.

SINGAPORE (Feb 7): Leasing your apartment or room out on a short-term basis through homestay networking services such as Airbnb may very soon be ruled as illegal under Singapore law.

KUALA LUMPUR (Feb 3): Malaysian Rating Corp Bhd (MARC) has removed the rating on WCT Holdings Bhd’s RM2.

SINGAPORE (Jan 23): RHB Research has downgraded CapitaLand Mall Trust from a “buy” to a “neutral” recommendation, amid concerns that its rental growth could be affected by the sluggish retail market.

PETALING JAYA (Jan 23): China has hit record sales of US$33 billion (RM146.

THOUGH the market offers numerous quick fixes for every problem, from indigestion to removing rust, at a certain price of course, most remedies can be found at a mere fraction of the cost of the commercial ones.

KUALA LUMPUR (Dec 13): MQ Technology Bhd (MQ Tech) is embarking on an integrated casino resort project, which includes a casino, serviced apartments and theme park, in Cambodia that carries a gross development value of US$51.

PETALING JAYA (Dec 2): Sunway Property, the property division of Sunway Bhd, together with Japan-based Daiwa House Group Malaysia subsidiary — Daiwa House Malaysia Sdn Bhd, recently held a preview of the newly completed Sakura Residence show unit.

KUALA LUMPUR (Nov 17): CIMB Group Holdings Bhd is bracing for a "slight slowdown" in home and car loans in 2017, as the banking sector contends with weak consumer sentiment, CIMB group consumer banking CEO Samir Gupta said.

SINGAPORE (Nov 1): The slowdown continues for Singapore’s property developers and real estate investment trusts (REITs), according to 3Q16 data by the Urban Redevelopment Authority (URA).