Report: Six in 10 people say Singapore property is unaffordable
“Interest rate hikes do not seem to have a significant impact on new home sales”.
Centurion's Westlite to expand in Malaysia
All Westlite PBWA assets in Malaysia are in compliance with the new regulatory specifications set out in the Workers’ Minimum Standards of Housing and Amenities Act 2019 (Act 446).
Parkson's unit to offload commercial properties in China for RM182 mil
The department store operating on the properties has been suffering losses due to the weakening spending power of local residents as well as the adverse effects of Covid-19 mitigation policies on the retail business.
LSH Capital inks deal with Gamuda to boost construction efficiency via digital IBS
Under the collaboration agreement, LSHBB and Gamuda IBS aim to support the construction industry’s transition towards the Fourth Industrial Revolution (IR4.
Encorp to jointly develop mixed development in Kuantan
Encorp said the proposed joint venture (JV) provides a strategic partnership and is in line with the group's principal business activity to expand its property development segment.
RHB: Possible overhang for construction sector as GE15 looms
RHB Research noted that a negative outcome would be a hung Parliament, which could fuel uncertainty for the sector’s prospects.
San Diego’s Coronado, once home to Charlie Chaplin, lists a ‘castle’ for US$32m
The estate comes with a 14,142 sq ft main house, a guest house, gorgeous grounds with fountains, olive and palm trees, and an enormous pool with an entertainment deck and pool house.
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Fitters Diversified to sell 19-hectare land in Rawang, raising RM36 mil for working capital
The buyer is Aikbee Development (Kepong) Sdn Bhd, a property developer wholly owned by Sit Seng & Songs Realty Sdn Bhd.
Bank Negara raises OPR by 25bps to 2.5%, as expected
This is the MPC’s third consecutive 25bps OPR hike this year, in line with 17 economists’ forecast polled by Bloomberg, bringing year-to-date increase to 75bps.
