Matrix Concepts to build more high-end homes

BETTER known for building affordable residential and commercial properties, Seremban-based developer Matrix Concepts Holdings Bhd is planning to target the mid- to high-income market with the launch of higher-end properties.

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Sizing up SC’s proposed changes to REIT rules

REAL estate investment trusts (REITs), as prospective property buyers, not only provide a new source of deals but is also an avenue for banks to cut property-related lending exposure as developers raise cash from property disposals to relieve their stretched balance sheets.

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IOI Properties unveils JW Marriot Hotel in Singapore

KUALA LUMPUR (July 15): IOI Properties Group Bhd’s joint venture with Singapore-listed developer City Developments Ltd — South Beach Consortium Pte Ltd — recently announced its collaboration with Marriott International to launch the JW Marriott Hotel Singapore South Beach.

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