Opening of MyTOWN Shopping Centre postponed to March 16
PETALING JAYA (Jan 17): The opening date of MyTOWN Shopping Centre has been readjusted from Feb 16 to March 16 due to requests from tenants.
CapitaLand’s divestment of Nassim seen as a positive
SINGAPORE (Jan 17): RHB is in favour of CapitaLand’s divestment of the remaining 45 units in the The Nassim for a total of S$411.
City Developments set to pounce on more acquisitions
SINGAPORE (Jan 17): City Developments is expected to pounce on more acquisition opportunities this year to capitalise on the current market weakness, says RHB.
Singapore's property sector is in recovery mode, despite TDSR
SINGAPORE (Jan 17): Singapore's residential home sales including executive condominiums reached 12,432 units in 2016, an improvement of 21% over 2015 levels.
M101 Holdings appoints China Huashi as Skywheel’s main contractor
KUALA LUMPUR (Jan 17): M101 Holdings Sdn Bhd has appointed China Huashi Enterprises Co, Ltd as the main contractor for the M101 Skywheel development, which carries an estimated gross development value (GDV) of RM1.
Healthy project pipeline ahead for construction segment
Construction sector Maintain overweight: According to Construction Industry Development Board statistics, industry contract awards fell 28% quarter-on-quarter (q-o-q) to RM22.
CapitaLand sells entire stake in The Nassim for S$412 mil
SINGAPORE (Jan 16): CapitaLand has sold its entire stake in The Nassim for S$411.
Phase two of Country Garden’s Diamond City 70% taken up
KUALA LUMPUR (Jan 16): Country Garden Properties (M) Sdn Bhd’s Diamond City in Semenyih, Selangor, has seen 70% of the units in phase two taken up since its launch in April last year.
EcoFirst Consolidated battles perception and legacy issues
EIGHT years ago, when turnaround specialist Datuk Tiong Kwing Hee was headhunted to undertake the restructuring of property developer EcoFirst Consolidated Bhd, he knew it would be an uphill battle.
China’s largest port construction firm to venture into property development in Malaysia
DESPITE a slow property market, the sector continues to attract investment from China.
