Government mulls reintroducing DIBS for first time home buyers

KUALA LUMPUR (Oct 30): The government is considering proposals by property developers to reintroduce the developers interest bearing scheme (DIBS) and relax lending guidelines to promote first home ownership, said Minister in the Prime Minister’s department Datuk Sri Abdul Wahid Omar.

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Hong Kong shop rents decline further

HONG KONG (Oct 30): Prime street shops rents are expected to drop further across all major retail districts in Hong Kong, including Hong Kong Central, Causeway Bay, Tsim Sha Tsui and Mong Kok,according to the latest Hong Kong Monthly Property Market report by Knight Frank.

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EPF mulls disposing of UK property

KUALA LUMPUR (Oct 30): The Employees Provident Fund (EPF) said it is considering realising its investment in Reading International Business Park in Reading, the UK,  which the fund acquired from the Arlington Business Parks Partnership Fund for £140 million in 2011.

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