KL’s high-end condo market sees drop in rental, capital values
PETALING JAYA (May 21): The first quarter of 2015 (1Q2015) saw significant new supply of condominiums, reported DTZ Research.
PROPERTY SNAPSHOT What’s hot in KLCC?
• Today we look at price growth and indicative asking rental yields for non-landed residences in the KLCC area.
MARC downgrades IJM Corp’s long-term rating outlook
KUALA LUMPUR (April 23): Malaysian Rating Corp Bhd (MARC) has downgraded its outlook on IJM Corp Bhd’s RM1 billion commercial paper/medium-term notes programme (CP/MTN), while affirming the ratings of MARC-1/AA- on the programme.
IOI Properties gets a slimmer structure
KUALA LUMPUR (April 22): BIMB Securities Research reported on April 21 that IOI Properties Group Bhd now has a leaner structure comprising three main segments -- property development, property investments, and leisure and hospitality.
Axis REIT FY15’s 4.7% dividend yield seen to be ‘decent’
KUALA LUMPUR (April 22): MIDF Amanah Research reported on April 21 that Axis REIT’s first quarter of financial year 2015 (1QFY15) core net income of RM22.
Demand for property to remain slow this year, says MIDF Research
KUALA LUMPUR (April 20): MIDF Research has maintained its “Neutral” rating on the property sector and said that it expects demand for property to remain slow in 2015.
