News about d

AS main cities in the country continue to urbanise, the provision of affordable homes remains a major concern.

PETALING JAYA (Dec 7): The negative trend in the property sector continues as the third quarter of 2016 registered a decline of 8.

LODHA UK, the British development subsidiary of India’s Lodha Group, exhibited its new London apartments — Lincoln Square — in Kuala Lumpur at the weekend (Nov 26 and 27).

PENANG Island, in particular, has been seeing a lively and resilient property market for a long time.

KUALA LUMPUR (Dec 6): WSPACE (M) Sdn Bhd has launched the first co-working facility in Asia that uses a mobile management app (MAM) to automate daily business tasks.

ISKANDAR PUTERI (Dec 6): Forest City, a mixed-use development on four man-made islands, is expected to contribute RM66 billion in tax revenue to the government over two decades.

PETALING JAYA (Dec 6):  Mammoth Empire Construction Sdn Bhd, a  subsidiary of Mammoth Empire Holding (Mammoth Empire), has confirmed that a mobile crane had overturned yesterday at its Empire City Damansara construction site located in Damansara Perdana.

SINGAPORE (Dec 6): Oxley Holdings is acquiring a 40% stake in a Western Australia-based property and construction company, Pindan Group, for A$32 million (S$34 million or RM106.

SINGAPORE (Dec 6): Ascendas REIT is acquiring two properties located along Science Park Drive for S$437.

SINGAPORE (Dec 6): Maybank Kim Eng is maintaining a “neutral” stance on Singapore’s property sector while positioning defensively at the lower end of the risk spectrum, expressing a preference for exposure to stable platforms over trading portfolios.