Canada: Two-year ban on some foreigners from buying homes
Prime Minister Justin Trudeau’s Liberal Party: The desirability of Canadian homes is attracting profiteers, wealthy corporations, and foreign investors.
Prime Minister Justin Trudeau’s Liberal Party: The desirability of Canadian homes is attracting profiteers, wealthy corporations, and foreign investors.
The contract period is 36 months from Feb 2, 2023 to Feb 2, 2026.
LBS homeowners stand a chance to win home makeover worth RM150,000.
Move “is part of the company’s succession plan and is in line with its growth strategy, after commemorating its 20th anniversary last year”.
In a note on Wednesday (Jan 4), analyst Loong Kok Wen stated that property valuations had factored the negative impact of interest rate hikes on housing demand, but with the rate hikes frontloaded, the pace of the increase in interest rates is expected to decelerate in 2023.
DONE DEAL: Bungalow, Rimba Valley, Kota Damansara, Selangor DONE DEAL: Semi-detached, Bukit Bandaraya, Shah Alam, Selangor Jalan Kovil Hilir, Sentul, is an upcoming commercial area with new building projects coming up in the vicinity.
IEL had been placed on the watchlist pursuant to Rule 1311(2) (minimum trading price entry criteria) and Rule 1311(1) (financial entry criteria) of SGX-ST’s listing manual in 2017.
SunCon said that barring any unforeseen circumstances, the contract is expected to contribute positively to the group's earnings for the financial year ending Dec 31, 2023 onwards.
"We anticipate a greater uptake for our future products with the upcoming retail, leisure and commercial properties in the next two years to tailor for the burgeoning market in this area.
"The group expects some uncertainties in its financial performance owing to Covid-19-related issues and fluctuations in building material prices in the short term, especially as a result of the recent Russia-Ukraine war.