Developers viewed as proxy for economy
Property sector Downgrade to underweight: The broad market has been rebounding on the back of a strengthening ringgit, while the economic outlook appears to have stabilised.
Property sector Downgrade to underweight: The broad market has been rebounding on the back of a strengthening ringgit, while the economic outlook appears to have stabilised.
Eco World Development Group Bhd (March 25, RM1.
See map below with area circled in red for location.
IN a bid to sustain itself in a sluggish local property market, BRDB Developments Sdn Bhd has turned its attention to other parts of the world.
• This week, the spotlight falls on the secondary market of non-landed residences within the growing suburb of Dutamas, neigbouring Mont’Kiara in Kuala Lumpur.
SEMENYIH (March 27): Eco World Group Bhd (EcoWorld) sold half of the furniture, home decoration items, and electronic and electrical appliances – valued at RM100,000 – used at some of its show units at its Eco Majestic sales gallery here in the first three hours of its Majestic Bazaar event here today.
THE Klang Valley residential property monitor saw little or no change in prices on a quarterly basis in 4Q2015.
ACTING and selling real estate seem to be completely unrelated occupations.
KUALA LUMPUR (March 26): Real estate private equity and advisory firm Area Management Sdn Bhd is building Area Logistics here, the country’s first inner-city mega distribution hub with 1.