Hopeful signs emerge in Singapore's rental market
Rental declines for apartments and condominiums appear to be slowing in several market segments.
IWCity active, falls 2.9% in line with market retreat
KUALA LUMPUR (Aug 9): Iskandar Waterfront City Bhd (IWCity) shares dropped 2.
Scientex purchases its first land in Klang Valley
SHAH ALAM (Aug 9): Global packaging manufacturer and property developer Scientex Bhd has purchased a 65.
MACC summons more people for questioning over FIC London hotel deal
KUALA LUMPUR (Aug 9): Another two persons have been summoned to the Malaysian Anti-Corruption Commission (MACC) HQ here today to have their statements recorded, the New Straits Times (NST) reported today.
All land deals relating to 1MDB in Penang still frozen, says Chief Minister
GEORGE TOWN (Aug 9): All land transactions involving the Federal government-owned 1Malaysia Development Bhd (1MDB) in Penang remains frozen, said Penang Chief Minister Lim Guan Eng.
China’s Wanda roped in for Langkawi project
LANGKAWI (Aug 9): Property developer Cenang Resort Sdn Bhd yesterday announced a strategic partnership with China’s largest five-star hotel management company, Wanda Hotels & Resorts Co Ltd, which will see the latter manage the Wanda Realm Resort Langkawi within the Tropicana Cenang mixed development here.
House prices unlikely to fall
KUALA LUMPUR (Aug 9): House prices in Malaysia will not go down despite current economic uncertainties, due to higher land prices and compliance costs, and increased cost of construction, said Real Estate and Housing Developers’ Association (Rehda).
Berjaya Assets targets 70% occupancy for Berjaya Waterfront
KUALA LUMPUR (Aug 9): Berjaya Assets Bhd aims to increase occupancy of its Berjaya Waterfront development in Johor from 50% currently to 70% by year end, as the group expects to secure new tenants going forward.
Is it a good time to buy property in Singapore?
Briton Anthony Couse moved to Singapore from Shanghai in April last year following his appointment as JLL CEO of Asia Pacific.
ML Global bags RM38m MBI Selangor contract
KUALA LUMPUR (Aug 8): ML Global has bagged a demolition and reconstruction works contract for Menteri Besar Selangor Incorporated (MBI Selangor) worth RM38 million.
