Sogo expands to Johor Bahru
KUALA LUMPUR (July 18): Sogo Malaysia has agreed with IGB Corp Bhd to be the major department store anchor in the new Mid Valley Megamall at Southkey, extending Sogo's reach into Johor Bahru.
Affordability the issue, not access to home financing, says Bank Negara
KUALA LUMPUR (JULY 18): Some RM40 billion housing loans were approved to more than 152,000 borrowers in the first five months of this year, and eligible homebuyers will continue to have access to financing, according to Bank Negara.
GLP in deal to build Adidas’s largest distribution centre in Asia
SINGAPORE (July 18): GLP has signed a 83,000 sq m build-to-suit agreement with Adidas to develop its largest distribution centre in Asia.
Econpile gains 2.29% on positive technicals
KUALA LUMPUR (July 18): Econpile Holdings Bhd shares rose 2.
Yong Tai active, up 3.57% on condotel plan
KUALA LUMPUR (July 18): Property developer Yong Tai Bhd’ shares rose 3.
MCT denies mandatory general offer from Ayala Land
KUALA LUMPUR (July 18): MCT Bhd has denied that the company faces a mandatory general offer (MGO) from its single-largest shareholder, the Philippines-based Ayala Land Inc.
PRG teams up with Greenland Group
PETALING JAYA (July 17): PRG Holdings Bhd has entered into a strategic cooperation agreement with China’s Jiangsu Provincial Construction Group Co Ltd (JPC) to jointly undertake infrastructure, property and construction activities in Malaysia and internationally.
Property market to remain challenging this year
Property sector Maintain neutral: Granted, the share price of most of the property developers have moved up this year, which we believe is due to renewed buying interest in laggards and overall improved market risk appetite rather than on signs of recovery in operating conditions.
