High-end property auction on the uptrend
PROPERTY auctioneers have noticed recently that more high-end properties (above RM1 million) are coming up for auction in the country, observes Property Auction House Sdn Bhd executive director Danny Loh.
AmProp unit to invest in real estate projects in Spain
KUALA LUMPUR (July 14): Amcorp Properties Bhd (AmProp) plans to invest in a portfolio of real estate development and value-added projects in Madrid and other cities in Spain.
BSN targets 10,000 borrowers for Youth Housing Scheme
KUALA LUMPUR (July 14): Bank Simpanan Nasional (BSN) is striving to get 10,000 new borrowers for its Youth Housing Scheme to boost its current low take-up rate, Bernama reported today.
Lower OPR expected to have positive impact on existing borrowers, property sector
PETALING JAYA (July 14): Bank Negara Malaysia’s (BNM) decision to cut the overnight policy rate (OPR) by 25 basis points to 3% is expected to have a positive impact on borrowers and the property sector, said property developers and mortgage firms.
Cut in OPR can boost consumer spending power, property industry, says Green Target CEO
KUALA LUMPUR (July 14): Bank Negara Malaysia's cutting of the overnight policy rate (OPR) from 3.
UEM Sunrise shines after Bank Negara OPR cut
KUALA LUMPUR (July 14): UEM Sunrise Bhd rose as much as three sen or 3% after Bank Negara Malaysia cut the overnight policy rate (OPR) to 3% from 3.
OPR cut alone not enough to revive property sales, says TA Securities
KUALA LUMPUR (July 14): Bank Negara Malaysia’s unexpected move to cut the overnight policy rate (OPR) by 25 basis points (bps) to 3% yesterday is not enough to revive property sales, according to TA Securities Research.
Trepidation ahead of Singapore REITs 2Q results
SINGAPORE (July 14): Daiwa Capital Markets is keeping its “positive” rating on Singapore Real Estate Investment Trusts (S-REITs), but has “low expectations” ahead of announcement of 2Q16 results by the 14 S-REITs under its coverage starting Friday.
HLIB Research upgrades M-REITs to 'Overweight' after OPR cut
KUALA LUMPUR (July 14): Hong Leong Investment Bank Research (HLIB Research) has upgraded Malaysian Real Estate Investment Trusts (M-REITs) to “Overweight”, following Bank Negara’s move to cut the overnight policy rate (OPR) by 25 basis points to 3% yesterday.
