Singapore property market may see a recovery in 2017 but challenges remain
SINGAPORE (Jan 18): Deutsche Bank expects a challenging 2017 for the local property market despite forecasting a recovery.
Gadang to build RM700m residential project within Kwasa Damansara
KUALA LUMPUR (Jan 18): Kwasa Land Sdn Bhd, the master developer of the Kwasa Damansara township here, has awarded the development rights of a 21.
Prices for SoHo and SoVo units could drop by at least 10% in 2017
KUALA LUMPUR (Jan 18): Due to an oversupply, high-end strata properties particularly Small-office Home-office (SoHo) and Small-office Virtual-office (SoVo) units could see prices falling by at least 10% this year, according to property consultancy firm CBRE | WTW.
TA Securities expects market headwinds to persist for property sector
KUALA LUMPUR (Jan 18): TA Securities Research has maintained its “Underweight” rating on the property sector, as “weak market sentiment, increasing supply and tight lending environment are expected to weigh on property sales”.
Mudajaya gapped down, says AllianceDBS Research
KUALA LUMPUR (Jan 18): AllianceDBS Research said Mudajaya Group Bhd (Mudajya) had gapped down to reach a low of 85 sen before closing at 86.
Puncak Alam to see more development
AS one travels from Kuala Lumpur to Puncak Alam, Ijok, the high-rise buildings of the city slowly give way to small, village-like houses and rows of oil palm trees.
A tale of three markets
THIS year will see acquisitions and mergers for some developers in Malaysia.
Opening of MyTOWN Shopping Centre postponed to March 16
PETALING JAYA (Jan 17): The opening date of MyTOWN Shopping Centre has been readjusted from Feb 16 to March 16 due to requests from tenants.
CapitaLand’s divestment of Nassim seen as a positive
SINGAPORE (Jan 17): RHB is in favour of CapitaLand’s divestment of the remaining 45 units in the The Nassim for a total of S$411.
