More homes on auction but few takers
The number of homes that went under the hammer has been rising over the last few quarters, reflecting the overall property market slowdown.
The number of homes that went under the hammer has been rising over the last few quarters, reflecting the overall property market slowdown.
PETALING JAYA (June 19): S P Setia Bhd’s Sapphire By The Gardens, the residential tower of the developer’s fifth property development in Melbourne, Australia, has achieved a more than 70% take-up rate following last weekend's launch that was held simultaneously in Kuala Lumpur, Jakarta, Sydney and Melbourne.
PETALING JAYA (June 19) : Property developer S P Setia has successfully won the bid for its sixth land parcel in Melbourne, the group announced in a press release yesterday.
PETALING JAYA (June 16): Mah Sing Group Bhd has introduced its Business Incentive Grants, or BIG programme, to owners of its Savanna Lifestyle Shops in Southville City, Bangi, Selangor.
KUALA LUMPUR (June 16): Eco World International Bhd (EWI) shares rose 2.
SINGAPORE (June 15): ARA Asset Management has been said to be in line to purchase a half-share of Mirvac’s Olderfleet office development at 477 Collins Street, Melbourne, Australia.
Looking for bargain properties? Some people may consider looking at properties that are being auctioned off.
MELBOURNE (June 13): S P Setia, which is preparing to launch its latest two projects in Melbourne, Australia this year, is on the lookout for more land Down Under.
MELBOURNE (June 13): S P Setia Bhd today announced that Shangri-La Hotels and Resorts will be the operator for the hotel component of its landmark luxury mixed development on Exhibition Street in the central business district (CBD) of Melbourne, Australia.
KUALA LUMPUR (June 13): Loss-making property outfit Malaysia Pacific Corp Bhd (MPCorp) could see one of its core assets, Wisma MPL, auctioned off as the group still has not secured a buyer for the property.