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KUALA LUMPUR (Sept 7): Kuala Lumpur slipped three spots to 20th out of 30 leading cities globally in this year’s "Cities of Opportunity" benchmarking, developed by PricewaterhouseCoopers (PwC), released today.

KUALA LUMPUR (Sept 7): As expected, Bank Negara Malaysia (BNM) today kept its key policy rates unchanged at 3%.

KUALA LUMPUR (Sept 7): AmFunds Management Bhd, or more commonly known as AmInvest, has rated Malaysia's real estate investment trust (REIT) as "underweight", despite seeking to double its investment to RM500 million in that asset class by next March.

SINGAPORE (Sept 7): Healthy interest for new office buildings is allaying fears over Grade A office rents crashing and that new office supply will not be absorbed, according to a Monday sector note by DBS Vickers.

SINGAPORE (Sept 7): CIMB Research is keeping its “overweight” rating on Singapore’s property segment given that investors are still seeking shelter in yield.

KUALA LUMPUR (Sept 7): Although the central bank’s governor indicated in July that the Bank Negara Malaysia (BNM) has no plans to cut the key rate further in the next few monetary policy meetings this year, economists argue there is still room for another round of easing.

  CONTRACTOR-cum-developer Crest Builder Holdings Bhd, which has seen its earnings and revenue fluctuate from year to year, plans to reduce the fluctuations by staggering the timing of its property projects, says managing director Eric Yong Shang Ming.

KUALA LUMPUR (Sept 6): Sunway Developments Pte Ltd, a unit of Sunway Bhd, along with its joint venture partners have won a tender to acquire a 99-year leasehold land at Anchorvale Lane in Sengkang, Singapore from the Housing and Development Board of Singapore for S$240.

SINGAPORE (Sept 6): CIMB Research is maintaining its "overweight" call on Asean REITs which have outperformed year-to-date as investors seek shelter in yield.

PETALING JAYA (Sept 6): Some residential bungalow owners along Jalan Gasing in Petaling Jaya are puzzled with the disparity in the valuations done on their properties by private valuers, and those done by the Valuation and Property Services Department (JPPH).