UMLand’s corporate exercise to be completed by year end
UNITED Malayan Land Bhd (UMLand) is undergoing a corporate exercise to streamline its activities to ensure greater growth.
Sime Darby launches RTO of Japanese REIT, Saizen
KUALA LUMPUR (Aug 15): Sime Darby Bhd has initiated a reverse takeover (RTO) of Japan’s Saizen Real Estate Investment Trust (REIT) under which it will be injecting several of its industrial properties in Australia into the REIT, in exchange for a a certain amount of units in the REIT and cash.
Tambun Indah Land’s first-half earnings within expectations
Tambun Indah Land Bhd (Aug 12, RM1.
KAF raises Mah Sing’s earnings forecast, target price
KUALA LUMPUR (Aug 15): KAF Research Sdn Bhd has raised its target price (TP) and earnings forecast for Mah Sing Group Bhd to factor in the stellar take-up rate for the property group’s cornerstone developments.
How the Singapore-KL HSR could affect property prices in Singapore
TWO years ago, Singaporean David Neubronner moved into his new home at Straits View Residences, a gated landed housing community located in the Permas Jaya housing estate of Johor Bahru.
More than 100 bookings for Clarita Tower at Eco Sky
KUALA LUMPUR (Aug 14): Eco World Development Group Bhd (EcoWorld) received more than 100 bookings for Clarita Tower — the final residential tower of its Eco Sky integrated development — even before its official launch today.
Understanding home loans
WITH Bank Negara Malaysia (BNM) having cut the overnight policy rate (OPR) by 25 basis points to 3% from July 13, 2016, some major banks have reduced their base rates (BR) and base lending rates (BLR).
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Proposed office development on Desa Sri Hartamas open car park
PETALING JAYA (Aug 12): A 33-storey office block has been proposed for the open car park site in Desa Sri Hartamas (pictured) located at Jalan 19/70A.
Car park charges at new LRT stations fixed at RM4 per entry from Monday
KUALA LUMPUR (Aug 12): Light rail transit (LRT) commuters will be required to pay RM4 per entry per day for parking at the new LRT stations come Monday.
