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WITH widespread expectation that global interest rates will stay low for a long time, real estate investment trusts in Singapore have performed well since the beginning of this year, despite a chorus of warnings about the deteriorating fundamentals of the commercial property sector.

DEEP-pocketed construction company Kerjaya Prospek Group Bhd is defying concerns over a property market slowdown as it continues to pull in orders.

KUALA LUMPUR (Aug 1): The property development sector is a good training ground for fresh graduates if they have the passion for it, said chairman and non-independent and non-executive director of Eco World Development Group Bhd (EcoWorld) Tan Sri Liew Kee Sin.

JOHOR (Aug 1): The high-rise property market in Johor is going through challenging times at present, but S P Setia Bhd is taking the long-term view and is optimistic about the Johor Bahru property market.

KUALA LUMPUR (July 29): The Securities Commission (SC) has rejected Yi-Lai Bhd's waiver application for Aspen Vision All Sdn Bhd to comply with the regulator's requirement that Aspen Vision All must be an operating entity for at least three years.

KUALA LUMPUR (July 29): Practice Note 17 (PN17) company Malaysian Pacific Corp Bhd (MPCorp) has inked a memorandum of understanding (MoU) with a Singapore company Terra Pontus Pte Ltd for the proposed disposal of a part of Wisma MPL for RM250 million.

S P Setia Bhd (July 28, RM3.

NILAI (July 28): The recent amendments to land laws that were passed in Parliament recently will be a boost to attract new foreign investments, said Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said yesterday, Bernama reported He added that the amendments would also help the public tremendously on matters relating to land.

MALAYSIAN Industry-Government Group for High Technology (MIGHT), which is a unit of the Prime Minister’s Department, is in the midst of preparing a White Paper on how local rail companies can benefit from the large number of rail-related jobs being dished out and participate in the projects.

PETALING JAYA (July 26): Boustead Holdings Bhd aims to launch its 1 Cochrane condominiums in Cheras early next year, said divisional director under property Datuk Seri Ghazali Mohd Ali (pictured).