KSL buys another 74.7ha of land in Johor for RM177m
KUALA LUMPUR (March 21): KSL Holdings Bhd announced yesterday the acquisition of nine parcels of freehold land measuring 74.
Crest Builder bags RM118m construction works contract
KUALA LUMPUR (March 20): Crest Builder Holdings Bhd said its wholly-owned subsidiary Crest Builder Sdn Bhd has won a contract for construction works in Petaling Jaya worth RM117.
Singapore buyers not responsible for rise in Johor property prices, says economist
KUALA LUMPUR (March 20): An article written by a political economist and published in Channel NewsAsia has called on Malaysians not to blame Singaporeans for pushing up property prices and the cost of goods in Johor.
Savills: Brace yourself for change in the global real estate sector
KUALA LUMPUR (March 20): A perfect storm of demographic, social, economic and technological change will transform the real estate sector globally, said Savills World Research head Yolande Barnes.
Demand for homes expected to rise after GE14, says Savills Malaysia
KUALA LUMPUR (March 20): Demand for residential property is expected to rise after Malaysia’s 14th general elections, thus pushing up real estate transaction volume this year, said Savills Malaysia executive chairman Datuk Christopher Boyd.
Hong Kong to introduce flats with fireproof shelters on each floor
PETALING JAYA (March 20): New private housing estates featuring fireproof shelters on each floor will hit the Hong Kong (pictured) market from the second half of this year as a means of protecting elderly and disabled residents who cannot flee the flames on time, reported the South China Morning Post.
Luster Industries proposes diversification into property, construction
KUALA LUMPUR (March 20): Luster Industries Bhd has proposed to undertake the diversification of its business to include property development and construction.
CapitaLand Malaysia rejigging its tenant mix strategy
CapitaLand Malaysia Mall Trust (March 19, 99 sen) Maintain outperform with a lower target price (TP) of RM1.
New property development ruling could benefit selected REITs
Real estate investment trust sector Maintain neutral: We are mildly positive on the revised Guidelines on Real Estate Investment Trusts (REITs) which allow property development for Malaysian REITs (M-REITs), among other changes/additions.