News about URA

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).

REAL estate investment company Pelaburan Hartanah Bhd (PHB), which has commercial assets and land worth over RM5 billion, is planning to sell close to 790 acres of land it owns in Ulu Bernam, Selangor, documents obtained by The Edge show.