Tropicana, China Metallurgical in talks about township development

Sep 22

KUALA LUMPUR (Sept 22): Tropicana Corp Bhd is talking to China Metallurgical Group Corp on a potential township development joint venture (JV).

Malaysia's Public Sector Housing Financing Board's RM4b bond oversubscribed

Sep 22

KUALA LUMPUR (Sept 22): The Malaysian Government's Public Sector Housing Financing Board said its RM4 billion Islamic bond was oversubscribed more than three times, due to its "strong credit standing.

MyTOWN opening delayed to 1Q2017

Sep 22

KUALA LUMPUR (Sept 22): The opening of the RM3 billion gross development value MyTOWN Shopping Centre in Cheras is delayed from the initial target of November this year, amid headwinds faced by the shopping mall segment.

EPF buys 40% of DUKE concessionaire

Sep 22

KUALA LUMPUR (Sept 22): The Employees Provident Fund (EPF) is acquiring a 40% stake in the concessionaire of the Duta-Ulu Klang Expressway (DUKE) for RM1.

Rocky second quarter, slower secondary market

Sep 22

THINGS have been quiet on the Penang primary property market so far, although the secondary market has seen some activity, albeit slower.

AmProp’s Jersey-incorporated dormant unit begins wind-up process

Sep 22

KUALA LUMPUR (Sept 21): A Jersey-incorporated unit of Amcorp Properties Bhd (AmProp) has kick started its wind-up process.

Beware of headwinds in Singapore's property sector but also seize the day

Sep 21

SINGAPORE (Sept 21): Despite the resale market remaining vibrant in August, with 750 caveats lodged, OCBC Research is maintaining its “neutral” call on the property sector, citing physical oversupply for 2016 to 2017.

IOI Properties’ Avista 2-storey terraced homes 75% sold over the weekend

Sep 21

PETALING JAYA (Sept 21): IOI Properties Group Bhd sold 75% of its Avista 2-storey terraced houses, located at the developer’s Warisan Puteri township in Kota Warisan, Sepang, Selangor at its launch last weekend.