Singapore home prices likely to grind lower in second half
SINGAPORE (July 5): OCBC Investment Research is keeping its “neutral” rating on Singapore’s residential property sector amid “one of the longest property bears in recent history”.
Are Rent-to-Own schemes the answer to easier home ownership?
OWNING a house could be a costly dream for the working class, but it is deemed the worthiest investment for most people — even if you can’t enjoy capital appreciation, at least you will still have a roof over your head and a place that you could call your own.
GEM Residences 55% sold
PETALING JAYA (June 28): The GEM Residences condominium jointly developed by Gamuda Land, Evia Real Estate and Maxdine Pte Ltd, in Toa Payoh, Singapore, has achieved a take-up rate of 55% since its launch on May 28, said Gamuda Land in a statement today.
JAKS Resources aims to sell Evolve Concept Mall within a year
KUALA LUMPUR (June 28): JAKS Resources Bhd aims to divest the newly opened Evolve Concept Mall near Ara Damansara, Selangor, within a year to further enhance its financial position.
Setia EcoHill 2 cluster semi-dees received 70% bookings over the weekend
PETALING JAYA (June 27): S P Setia Bhd saw 70% of its cluster semi-detached homes in the first phase of Setia EcoHill 2, Semenyih booked during its preview last weekend.
Nurture a quality construction workforce
OF late, Hong Kong buses and trams have been plastered with posters of movie stars in striking kungfu stances.
More than 5,000 cases related to developers settled by tribunal
KUALA LUMPUR (June 17): A total of 5,851 out of 6,534 cases of housing developers who did not abide by the sale and purchase agreement since 2013 to May 31 this year have been settled by the National Housing Tribunal, Bernama reported yesterday.
Property market only expected to recover in 2018
PETALING JAYA: The property market is only expected to recover in 2018, Malaysian Property Summit Mid-Year Review 2016 committee member James Wong told TheEdgeProperty.
‘Property tax hike in Sydney won’t affect M’sian developers’
KUALA LUMPUR (June 15): The expected higher taxes for foreign buyers of residential properties in the Australian state of New South Wales (NSW) are not expected to have much effect on Malaysian developers there, say analysts.
Penang to call for fresh bids for golf course
KUALA LUMPUR (June 10): Penang Development Corp (PDC), the state’s investment arm, will call for a fresh request for proposal (RFP) for the mixed development plan in Batu Kawan on mainland Penang, after the mutual rescission of the RM10 billion Eco Marina with Eco World Development Group Bhd (EcoWorld).
