AUCTION: Gasing Heights three-storey bungalow's reserve price drops 36%
PETALING JAYA (Feb 17): A three-storey bungalow in Gasing Heights, Petaling Jaya, which couldn’t find a new owner in the auction market saw its reserve price dipping to RM10.
Pasir Putih, Ipoh, residents want council to clean up illegal dump
IPOH (Feb 17): Residents from Kampung Pasir Putih, Ipoh, want Ipoh City Council to act quickly to clear piles of rubbish left along a shortcut to their village.
UEM Sunrise, Mulpha team up in RM5 bil development
KUALA LUMPUR (Feb 17): Property developer UEM Sunrise Bhd is teaming up with Mulpha International Bhd, to jointly develop three parcels of land in Nusajaya, Johor, which will have a combined gross development value (GDV) of RM5 billion.
Hektar REIT slips into the red in 4Q on fair value loss
KUALA LUMPUR (Feb 17): Fair value adjustment arising from revaluation of its assets led Hektar Real Estate Investment Trust (Hektar REIT) to post a net loss of RM28.
Sime Darby to sell properties worth RM2 billion to reduce debt, says report
KUALA LUMPUR (Feb 17): Sime Darby Bhd is planning to sell some RM2 billion worth of real-estate assets in Australia and Singapore as it battles cash flow issues amid falling palm oil prices, The Wall Street Journal reports.
Hong Kong residential property market expected to continue downward trend
HONG KONG (Feb 16): Global commercial real estate services company Cushman & Wakefield expects the Hong Kong residential property market to continue its downward trend.
More China investors to buy HK office buildings in 2016
HONG KONG (Feb 16): Hong Kong is expected to see more China investors acquiring office buildings in 2016, according to global commercial real estate services company Cushman & Wakefield.
