CoreNet introduces its Malaysia chapter
THE corporate real estate (CRE) industry in Kuala Lumpur is gaining importance, as a growing number of multinational organisations are setting up their headquarters and regional offices in the city.
Calm & collected
WHEN you walk into Nora Hood’s home, you will feel a sense of peace and calm.
Knight Frank Malaysia: High-end condo market in KL remains lacklustre
PETALING JAYA (Aug 9): With lower volume and value of transactions recorded in the first half of 2016, the market outlook for high-end condominiums in Kuala Lumpur remains slow as buyers and investors continue to adopt a “wait-and-see” approach, said property consultancy firm Knight Frank Malaysia.
ViiA Residences at KL Eco City to be launched at new benchmark price
KUALA LUMPUR (Aug 9): S P Setia Bhd plans to launch ViiA Residences at KL Eco City, Kuala Lumpur, by end-August at prices starting from RM1 million.
Founding family of Sim Lian offers S$1.08 per share to take company private
SINGAPORE (Aug 9): Kuik Ah Han, the founder and executive chairman of Sim Lian Group, is taking the property developer and construction company private.
Questions abound for DPMM’s property project
SCEPTICS are questioning the viability of a property development project for the Malay Chamber of Commerce of Malaysia (Dewan Perniagaan Melayu Malaysia, DPMM) on a piece of land it owns in Bukit Petaling, Kuala Lumpur.
Senja Aman Group awards RM168 mil superstructure contract to Sino Great Wall
PETALING JAYA (Aug 8): Senja Aman Development Sdn Bhd (Senja Aman Group) has awarded a contract worth RM168 million for its superstructure construction of Angsana Teluk Bahang to SGW HP Engineering Construction Sdn Bhd, a subsidiary of Chinese property construction contractor, Sino Great Wall Co Ltd, the developer said in a statement today.
Matrix Concepts ‘still a yield stock’
KUALA LUMPUR (Aug 8): Matrix Concepts Holdings Bhd, which was one of the small- to mid-capitalisation property developers that have been offering a decent dividend payout ratio (DPR) — at least 40% of its net profit — recently capped its DPR to a maximum of 40% instead.
Property cooling measures unlikely to be removed before 2017, say Singapore property analysts
HOMEBUYERS and investors who have been waiting on the sidelines for the government to tweak the property cooling measures before committing to a purchase will have to wait a little longer.
EcoWorld unveils Eco Sanctuary Care Hub
KOTA KEMUNING (Aug 7): Eco World Development Group Bhd (EcoWorld) has unveiled Eco Sanctuary Care Hub, which is located in the 27-acre The Parque Residences of the Eco Sanctuary township, at the south of Kota Kemuning.
