Pavilion REIT 1HFY17 below expectations
Pavilion Real Estate Investment Trust (July 28, RM1.
Bringing court auctions online to enhance transparency
PETALING JAYA (July 30): Online property auction platform e-Lelong for court auctions of immoveable properties has taken off with an initial pilot project to smoothen out the kinks in the system before going nationwide.
Townhouses from as low as RM222,888 at Kota Seriemas
PETALING JAYA (July 28): PNB Development Sdn Bhd (PNBD) is offering townhouses in Kota Seriemas known as Cempaka Seri Townhouse with prices ranging from RM222,888 to RM493,888.
e-Lelong will raise integrity of court auctions, says Chief Justice
PETALING JAYA (July 27): The online property auction platform e-Lelong for court auctions of immovable properties will be able to strengthen the integrity of the public auction process, said Chief Justice of Malaysia Tan Sri Md Raus Sharif.
Frasers Property Australia to develop over S$205 mil worth of new assets
SINGAPORE (July 25): Frasers Property Australia says it is developing over A$190 million (RM645 million) worth of new assets in terms of end-asset value in The Key Industrial Park and West Park Industrial Estate in Melbourne’s Keysborough district and Truganina city, respectively.
Government looking to establish single authority for affordable housing
KUALA LUMPUR (July 25): The government is looking to establish a single authority to regulate the housing industry especially for affordable housing in the country.
Axis REIT’s net property income increases 1.8% in 2Q, declares 2.17 sen DPU
KUALA LUMPUR (July 25): Axis Real Estate Investment Trust’s (Axis REIT) net property income grew marginal to RM36.
Ascott acquires 80% stake in US accommodation provider Synergy Global Housing
SINGAPORE (July 24): The Ascott, CapitaLand’s serviced residence unit, is acquiring an 80% stake in Synergy Global Housing, a leading accommodation provider in the US where it leases apartments from partners and property owners to rent to corporate clients.
Axis REIT plans to buy Pahang lands from Wah Seong units for RM155 mil
KUALA LUMPUR (July 24): Axis Real Estate Investment Trust (REIT) is planning to buy one piece of leasehold land and a portion of another leasehold land in Pahang, measuring a total of 126.
