Rising household debt a concern across Asia
GOVERNMENT officials, policymakers, economists, bankers and experts gathered here for the Second Annual Asean Consumer and Household Debt Conference on Feb 22 and 23.
Acquisition of CapitaGreen timely for CapitaLand Commercial Trust
SINGAPORE (March 8): DBS is maintaining its “buy” recommendation for CapitaLand Commercial Trust, thanks to the timely acquisition of the remaining 60% stake in CapitaGreen.
CIDB’s building info modelling centre to start ops in May
KUALA LUMPUR (March 8): The Construction Industry Development Board (CIDB) expects its RM2.
Rejection rate for housing loans is as high as 60%, says Rehda
PETALING JAYA (March 8): The rejection rate for housing loans is as high as 60%, causing property sales to remain sluggish, says the Real Estate and Housing Developers' Association (Rehda).
Rights issue ‘dilutive to yield and NAV’ for Ascott REIT: Religare
SINGAPORE (March 7): The rights issue by Ascott Residence Trust to raise S$442.
Why SREITs should remain in your investment portfolio despite poor sector performance
SINGAPORE (March 7): OCBC Investment Research is maintaining its “overweight” on local REITs identifying bright spots in certain sub-sectors as well as the potential for bargain hunting even as the sector begins to pullback.
EcoWorld offers one-stop industrial, property services to Eco Business Park 1 owners
PETALING JAYA (March 7): Eco World Group Development Bhd (EcoWorld) is providing one-stop industrial and property services to the owners of the second phase of Eco Business Park 1 (EBP 1) in Johor to help them set up their businesses there.
KKB Engineering bags RM100.7m worth of jobs
KUALA LUMPUR (March 7): KKB Engineering Bhd has bagged two contracts worth RM100.
UOL acquires Hilton Melbourne South Wharf for S$246 mil
SINGAPORE (March 6): Property group UOL is acquiring Hilton Melbourne South Wharf for A$230 million (S$246 million) (RM776 million).
重点报道：Damansara Utama排屋市价突破一百万！
住在Petaling Jaya的人们，一定对Damansara Utama（简称DU）不陌生。这里是个繁忙的地方，有银行、餐厅、咖啡厅提及办公单位，每日人车攘来熙往，白天为公务，夜晚为娱乐消遣，是个非常热闹的商区与住宅社区。 DU分为两个区块——位于西区的SS21以及东区的SS20（也称Damansara Kim）；SS21主要为商区，也就是人们熟悉的Damansara Uptown，这里也有一些有地房产；SS20则主要以住宅区为主。 DU的主要发展商为See Hoy Chan Bhd，该集团已在这里建设了3,000间住宅房屋及300间店铺。 Damansara Uptown的主要房产是办公楼及店铺，近期发展包括已经建竣的五层楼高且拥有45万平方尺净出租空间的The Starling购物商场、38层楼高的Uptown 8办公楼，还有Ascott管理的服务式公寓——Somerset Damansara Uptown。 这些新落成建筑均为DU注入新的活力，也成为该区的新地标。 Laurelcap Sdn Bhd’s director Stanley Toh告诉TheEdgeProperty.
