Average home prices rose in 1H17
PETALING JAYA (Oct 27): The average house price in Malaysia rose by 5.
Residential overhang growth almost doubles in 1H17
PETALING JAYA (Oct 27): The residential overhang rose by 55.
Residential take-up rose in 1H2017
PETALING JAYA (Oct 27): The take-up rate for residential property units rose 23.
Penang CM: Developer has one week to solve Tanjung Bungah homebuyers’ woes
PENANG (Oct 27): Penang chief minister Lim Guan Eng has given the developer of the Tanjung Bungah hillside housing project, which was hit by a deadly landslide last Saturday, one week to reach an amicable solution with those who bought properties in the development, the malaysiakini news portal reported today.
WCT to list REIT in mid-2018, may inject Paradigm Mall JB — Affin Hwang IB
KUALA LUMPUR (Oct 27): WCT Holdings Bhd is expected to list its real estate investment trust (REIT) in mid-2018, after it had had delayed the listing of the property trust that was scheduled by end-2017, according to Affin Hwang Investment Bank Bhd (Affin Hwang IB).
Bandar Sri Sendayan Resort Homes to release phase 2 soon
PETALING JAYA (Oct 27): Matrix Concepts Holdings Bhd will be launching Allysum, which is phase 2 of its Resort Homes collection in Bandar Sri Sendayan, Negeri Sembilan, by year end.
DK Group targets year-end launch for D’Immersione at Dutamas
PETALING JAYA (Oct 27): Property development company DK-MY Properties Sdn Bhd is targeting to launch its mixed development project D’Immersione at Dutamas by the end of this year.
Association seeks tax-free dividends for REITs
KUALA LUMPUR (Oct 27): While Malaysia imposes a lower rate of withholding tax on dividends paid to retail investors of real estate investment trusts (REITs) compared with many other countries, the Malaysian REIT Managers Association (MRMA) is of the view that a total tax exemption should be given to attract more investments.
CMMT to spend RM100m on mall refurbishment in FY17, FY18
CapitaLand Malaysia Mall Trust (Oct 26, RM1.
