Property sector Maintain neutral call: According to media reports quoting Urban Wellbeing, Housing, and Local Government Minister Tan Sri Noh Omar, eligible housing developers can now obtain licences to provide homebuyers with up to 100% of house financing.
KUALA LUMPUR (Sept 13): VERITAS Design Group is one of the 2016 recipients of “Cityscape Awards Emerging Markets” award under the category of Leisure & Hospitality award (built) for its Sinkeh Hotel project in George Town, Penang by Dubai’s Cityscape Awards Global.
KUALA LUMPUR (Sept 13): Analysts expect no significant impact on the local property market, following the government’s move to allow eligible property developers to obtain a licence under the Moneylenders Act and Pawnbrokers Act to provide up to 100% financing for homebuyers.
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SERI KEMBANGAN: Country Heights Holdings Bhd (CHHB) plans to re-launch its Chipi or Country Heights Innovation in Property Investment (Chipi) scheme, which offers cash-back rewards to selected buyers, sometime before the end of the year.
PUCHONG: Hillcrest Gardens Sdn Bhd will be launching a medium high-end condominium project in Puchong, Selangor at the end of the year.
KUALA LUMPUR (Sept 9): The cost of RM650 million to develop the Taman Tugu project in Kuala Lumpur consists of four components, including a 10-year maintenance estimate, said Khazanah Nasional Bhd managing director Tan Sri Azman Mokhtar, Bernama reported today.
PETALING JAYA (Sept 9): Qi City integrated development by Green Venture Capital (GVC), a subsidiary of Wawasan Qi Properties Group (WQIP), is poised to be the next catalyst for Ipoh and it’s expected to contribute RM1.
SINGAPORE (Sept 9): Maybank Kim Eng has upgraded two Singapore office REITs, CapitaLand Commercial Trust (CCT) and Keppel REIT, to “buy” from “hold”, even as office rents are expected to continue to slide in the near term.
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