Frasers Hospitality Trust’s target price slashed following rights issue
SINGAPORE (Sept 23): UOB Kay Hian is keeping Frasers Hospitality Trust on “buy” but has cut its target price to 81 Singaporean cents, from S$1.
CapitaLand acquires S$70 mil prime site in Ho Chi Minh for residential development
SINGAPORE (Sept 23): CapitaLand has made its third acquisition in Vietnam within 14 months with the purchase of a prime site in Ho Chi Minh City, for US$51.
Kimlun expects construction and manufacturing margins to trend lower
Maintain outperform with an unchanged target price (TP) of RM2.
Malaysia's Public Sector Housing Financing Board's RM4b bond oversubscribed
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.
The artistic scientist
"IF I use my Tan Sri title on my name card overseas, people just call me Mr Tan,” Tan Sri Esa Mohamed chuckles as he hands us the one for the International Union of Architects (UIA).
Beware of headwinds in Singapore's property sector but also seize the day
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.
Glomac gears up for more new launches
KUALA LUMPUR (Sept 21): After holding back some of its project launches for about a year, Glomac Bhd is now targeting to launch properties worth some RM1 billion in total gross development value (GDV) before its current financial year end April 30, 2017 (FY2017).
Banks will continue to provide loans to eligible customers, say ABM and AIBIM
KUALA LUMPUR (Sept 20): The Association of Banks in Malaysia (ABM) and The Association of Islamic Banking Institutions Malaysia (AIBIM) want to assure homebuyers that their member banks in Malaysia will continue to provide home financing facilities to eligible customers.
6% interest fair rate for developers to charge house buyers, says Noh
KUALA LUMPUR (Sept 20): A maximum loan interest of 6% is a fair rate for developers to charge house buyers, The Star reported Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar as saying yesterday.
Bank Negara: 35-year home loan period 'more than sufficient'
Source: Bank Negara Malaysia KUALA LUMPUR (Sept 20): Bank Negara Malaysia (BNM) said today that the maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans by their retirement age.
