UEM Sunrise’s two-month campaign racks up RM228 mil in sales
PETALING JAYA (June 21): UEM Sunrise Bhd’s Signature Selection-Rendezvous in France 2016 which ran from April 1 to May 31, had generated RM228 million in sales, said its chief operating officer-commercial Raymond Cheah.
Sunway REIT buys land from parent for Sunway Carnival mall extension
KUALA LUMPUR (June 20): Sunway Real Estate Investment Trust (REIT) has bought a tract of land measuring 143,225 sq ft (13,306 sq m) adjacent to its Sunway Carnival Shopping Mall in mainland Penang from its parent Sunway Bhd, for RM17.
Waste separation must be effective
ACCORDING to the Urban Wellbeing, Housing and Local Government Ministry, we have now exceeded the 2020 target, not in achievements to be proud off, but in waste generation, i.
Tax hikes will not threaten Sydney property market
PETALING JAYA (June 18): While Sydney will see the imposition of a 4% stamp duty surcharge on foreign homebuyers next week, Jalin Realty International does not see this as the biggest challenge to Sydney’s property market.
More than 5,000 cases related to developers settled by tribunal
KUALA LUMPUR (June 17): A total of 5,851 out of 6,534 cases of housing developers who did not abide by the sale and purchase agreement since 2013 to May 31 this year have been settled by the National Housing Tribunal, Bernama reported yesterday.
Sunway expects to sustain performance despite challenges
KUALA LUMPUR (June 17): Sunway Bhd expects to sustain its performance for the current financial year ending Dec 31, 2016 (FY16) despite challenges faced by the property and construction sectors.
HLIB Research keeps Neutral on property sector, top pick IOI Properties
KUALA LUMPUR (June 17): Hong Leong IB Research has maintained its “Neutral” rating on the property sector with IOI Properties Group Bhd as its top pick after cooling measures were recently announced in several states in Australia to curb speculation by foreign property buyers.
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Bandar Malaysia sets up Chinese banks-led fund to finance massive project
KUALA LUMPUR (June 16): Bandar Malaysia Sdn Bhd has obtained funding for its massive project with the setting up of a fund backed by leading Chinese and Malaysian banks, with an asset base exceeding US$13 trillion.
AmanahRaya REIT buys property in Cyberjaya for RM40m
KUALA LUMPUR (June 16): AmanahRaya Real Estate Investment Trust (REIT) is acquiring a land together with a four-storey office building in Cyberjaya for RM40 million.
