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KUALA LUMPUR (Nov 2): Tan Sri Desmond Lim Siew Choon, the executive chairman of Malton Bhd, has surfaced as the single-largest shareholder of WCT Holdings Bhd after acquiring a 19.

The advancement of technology has given rise to more flexible working arrangements and workplace innovations such as remote working, co-working spaces and teleconferencing.

Market performance remained sluggish in the first half of this year as property transaction numbers in the country continued their downward trend.

SHAH ALAM (Nov 1): S P Setia Bhd has opened its newly completed 11,800 sq m Setia City Convention Hall 1&2 at Setia City Convention Centre in Setia Alam, Shah Alam to cater to a growing demand for meetings, incentives, conventions and exhibitions (MICE) activities.

KUALA LUMPUR (Nov 1): Mitrajaya Holdings Bhd has bagged a contract worth RM74.

KUALA LUMPUR (Nov 1): A property investment consultant has suggested that the government consider imposing a 30% affordable housing quota in every residential development project instead of low-cost housing, Bernama reported today.

KUALA LUMPUR (Nov 1): The Ministry of Urban Wellbeing, Housing and Local Government said it is working on a paper to be submitted to the National Housing Department (JPN) for the standardisation of land costs and the quota for low-cost housing, which differs between the different states in the country.

SINGAPORE (Nov 1): DBS Vickers Securities is maintaining its “buy” call on Starhill Global REIT (SGREIT) with an unchanged target price of 87 Singaporean cents, while CIMB Securities is reiterating its “hold” call on the REIT, lowering its target price from 86 cents previously to 81 cents.

SINGAPORE (Nov 1): The slowdown continues for Singapore’s property developers and real estate investment trusts (REITs), according to 3Q16 data by the Urban Redevelopment Authority (URA).

KUALA LUMPUR (Nov 1): The occupancy rate of offices in Kuala Lumpur city has fallen to 83% from nearly 90% in 2H2015.