GEORGE TOWN (Nov 16): Penang Chief Minister Lim Guan Eng (pictured) today asked state Gerakan chairman Teng Chang Yeow to provide proof that the DAP-led state government stood to gain RM220 million in profit if it did not cancel an agreement with Ideal Properties to develop Pulau Jerejak.
SINGAPORE (Nov 16): Dark clouds are gathering for Singapore real estate investments trusts (REITs).
PETALING JAYA (Nov 16): Hua Yang Bhd has marked its entry into Penang’s property market with its maiden residential project, Meritus Residensi, located at Jalan Baru, Seberang Perai, Penang.
KUALA LUMPUR (Nov 16): S P Setia Bhd is expected to see strong fourth quarter earnings, due to the handover of the property developer's two overseas projects, according to RHB Research Institute Sdn Bhd.
KUALA LUMPUR (Nov 16): The DAP’s Tony Pua (pictured) said that Transport Minister Datuk Seri Liow Tiong Lai’s attempts to justify the increase in price from RM29 billion to RM55 billion for the proposed East Coast Rail Link (ECRL) raises many more questions than answers.
Malaysian real estate investment trusts Maintain overweight: Concerns over tightening US interest rates are not expected to have a dampening impact on Malaysian real estate investment trusts (MREITs), in our view.
Kuala Lumpur Kepong Bhd (Nov 15, RM23.
KUALA LUMPUR (Nov 16): Land & General Bhd (L&G) is acquiring four companies for a total of RM298.
SUBANG JAYA (Nov 16): Sunway Bhd plans to turn the office blocks located above the upcoming Sunway Velocity Mall into a real estate investment trust (REIT) product.
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