News about global

PETALING JAYA (Oct 5): Moscow recorded strong growth in its prime rental, rising by 11.

PETALING JAYA (Sept 30): Improved connectivity, security and comfort of living are the three main factors that homebuyers look forward to when it comes to innovation.

KUALA LUMPUR (Sept 23): With attractive yields on offer besides the relative weakness of the Malaysian ringgit, Kuala Lumpur gives real estate investors the best value in terms of long-term growth prospects, according to international real estate services firm Knight Frank in its 2017 Global Cities report.

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.

LBS Bina Group Bhd (Sept 15, RM1.

STARHILL Global Real Estate Investment Trust prides itself on owning landmark retail properties on the most prominent stretch of Orchard Road.

KUALA LUMPUR (Aug 25): Global Oriental Bhd (GOB), a property developer and restaurant chain operator, is expecting the property market downturn to persist until at least 2018.

KUALA LUMPUR (Aug 18): Cyberview Sdn Bhd has inked a memorandum of collaboration (MoC) with Atilze Digital Sdn Bhd to jointly develop Cyberjaya into the first smart city with LoRa network in the Southeast Asia.

SINGAPORE (Aug 2): Religare is reiterating its “buy” call on Starhill Global (SGREIT) with an unchanged target price of 90 cents, with the view that its portfolio’s performance is set to stabilise.

WITH widespread expectation that global interest rates will stay low for a long time, real estate investment trusts in Singapore have performed well since the beginning of this year, despite a chorus of warnings about the deteriorating fundamentals of the commercial property sector.