Gadang's 2Q net profit up 57.5% on higher construction, property contributions
KUALA LUMPUR (Jan 25): Gadang Holdings Bhd’s net profit rose 57.
CBRE | WTW: Positive outlook for Penang’s industrial property sector
KUALA LUMPUR (Jan 25): Despite the global consolidation of operations and restructuring exercise by multinational companies (MNCs) in Penang, such as those involving Seagate Technology Inc, Western Digital Corp and Intel Corp, the industrial property sector in Penang has fared quite well over 2016.
Penang’s landed housing market stays firm, buyer’s market for non-landed homes
KUALA LUMPUR (Jan 25): With the preference for landed homes among homebuyers in Penang, the landed residential property segment in the state is expected to remain firm, according to CBRE|WTW Penang.
Rumawip Kampung Baru expected to be ready by next year
KUALA LUMPUR (Jan 25): The Federal Territories' Legasi Residensi Kampung Baru Affordable Homes under the Rumah Mampu Milik Wilayah Persekutuan (Rumawip) project here is expected to be ready by next year, according to a Bernama report yesterday.
CAB Cakaran buys land from subsidiary Farm’s Best for RM58 mil
KUALA LUMPUR (Jan 25): CAB Cakaran Corp Bhd is buying 118.
Kajang’s Country Heights to see its ‘first high-rise, mixed development’
THE Klang Valley has seen a slew of new landmarks and hangout spots such as the Empire Shopping Gallery, The Curve, and The Gardens over the past two decades.
90% of Liberty Arc’s Block B and C SoHo units taken up
PETALING JAYA (Jan 24): EcoFirst Consolidated Bhd saw 90% of Block B and C in its Liberty Arc project in Ampang Ukay taken up ahead of the official launch in March.
DPU is down, retail sentiment is down. Why is CapitaLand Mall Trust still a buy?
SINGAPORE (Jan 24): By many accounts, CapitaLand Mall Trust is beginning to buckle at the seams amid the sluggish retail environment characterised by slow tenant sales and low shopper traffic.
Ascott Residence Trust’s 4Q DPU remains flat at 2 Singapore cents
SINGAPORE (Jan 24): Ascott Residence Trust (ART) has posted a distribution per unit (DPU) of 2.
Hong Kong’s high-end rental accommodation remains most expensive in Asia
KUALA LUMPUR (Jan 24): Hong Kong remains the most expensive location in Asia for high-end rental accommodation since 2013, according to ECA International’s Accommodation Survey.
