Napic: Performance of retail and offices softened in KL for 2015
PETALING JAYA (April 21): There was a drop in occupancy rate for retail spaces in Kuala Lumpur by 2.
Napic: Despite slowdown, KL landed home values continued to grow in 2015
PETALING JAYA (April 21): The Federal Territory KL’s (KL) property market saw a slight moderation as the market activity and construction sector softened, but prices of landed residential property still recorded strong growth in 2015.
Crest Builder to jointly develop Jalan Ampang land with MRB
KUALA LUMPUR (April 21): Crest Builder Holdings Bhd’s 51%-owned unit, Landasan Bayu Sdn Bhd, has entered into a joint development agreement with the Malaysian Rubber Board (MRB) for the development of the latter’s piece of land in Jalan Ampang, Kuala Lumpur.
UEM Sunrise proposes RM2.5b sukuk debt notes to raise funds
KUALA LUMPUR (April 21): UEM Sunrise Bhd has proposed a RM2 billion Islamic commercial papers (ICP) programme and Islamic medium-term notes (ICP/IMTN-2) programme, with a sub limit of RM500 million for the ICP.
E&O aborts UK unit’s planned London Stock Exchange listing
KUALA LUMPUR (April 21): Eastern & Oriental Bhd (E&O) has cancelled the proposed admission of the securities of its indirect wholly-owned Eastern & Oriental Property (UK) Ltd (E&O UK) to trade on the London Stock Exchange (LSE), citing unstable global market conditions and exchange rate volatility as the reasons.
PROPERTY SNAPSHOT 4: What’s hot in Setapak?
• Today, we look at price growth and indicative asking rental yields for non-landed homes in Setapak, Kuala Lumpur.
Fomca backs Nube's interest-free housing loan plan
PETALING JAYA (April 20): The Federation of Malaysian Consumers Associations (Fomca) backs the National Union of Bank Employees' (NUBE) plan of interest-free housing loans for its members in the middle- and lower-income segments, Bernama reported today.
Have prices of high-end homes bottomed in S’pore?
ON April 1, URA released its flash estimate of the private residential price index for 1Q2016.
