S P Setia eyes higher sales this year after exceeding RM3.5 bil target in 2016
KUALA LUMPUR (Feb 23): S P Setia Bhd has achieved sales of RM3.
House prices can be reduced up to 40% by offering bare units, says Rehda past president
KUALA LUMPUR (Feb 23): If developers adopt the core housing development concept, house prices could come down by 30% to 40%, said past president of the Real Estate and Housing Developers' Association (Rehda) Datuk Ng Seing Liong.
Trinity Group invests RM3 mil for infrastructure enhancement in KL South
PUCHONG (Feb 23): In collaboration with the Kuala Lumpur City Hall (DBKL), boutique developer Trinity Group Sdn Bhd has invested RM3 million to improve the infrastructure surrounding its latest development, Trinity Aquata @ KL South.
Residential property sector bottoming
KUALA LUMPUR (Feb 23): Malaysia’s residential property absorption rate has hit a 14-year low, according to Kenanga Investment Bank Bhd head of equity research Sarah Lim.
Ascott partners SMU to launch living lab to field-test lyf
SINGAPORE (Feb 23): The Ascott Ltd, CapitaLand’s serviced residence business unit, is partnering Singapore Management University to launch a lab to field-test co-living concepts of its newest brand, lyf.
GIC announces joint acquisitions of S$1.05 bil Washington DC office portfolio
SINGAPORE (Feb 23): Singapore’s sovereign wealth fund GIC says it has formed joint ventures (JVs) with a group of investors to acquire over 2.
Econpile surges 7.46% on bagging RM570.4 mil job
KUALA LUMPUR (Feb 23): Econpile Holdings Bhd shares surged 7.
Immediate support for UEMS at RM1.14, says AllianceDBS Research
KUALA LUMPUR (Feb 23): AllianceDBS Research said the immediate support for UEM Sunrise Bhd (UEMS) was at RM1.
IOI Properties’ 2H sales to stay strong — analysts
KUALA LUMPUR (Feb 23): IOI Properties Group Bhd’s sales is expected to remain strong in the second half of the financial year ending June 30, 2017 (2HFY2017) on the back of its Trilinq condominium project in Singapore, said analysts.
US federal court approves plan to sell Jho Low’s hotel
KUALA LUMPUR (Feb 23): A US federal judge has given the green light for the US Department of Justice (DoJ) and New York developer Steven Witkoff’s proposed plan to sell the Park Lane Hotel, The Wall Street Journal (WSJ) reported.
