News about la

MALAYSIAN real estate investment trusts (M-REITs) are touted as safe haven assets for investors seeking safety in dividend yields post-Brexit.

KUALA LUMPUR (July 13): Bank Negara Malaysia (BNM) has cut its key interest rate to 3% from 3.

KUALA LUMPUR (July 13): What do you think of when Ipoh comes to mind? Pomelos? Shredded chicken kueh teow soup? A long gone mega tin mining industry? Crunchy bean sprouts? Salt-baked chicken? Pretty girls with flawless complexion? The city has been sort of underrated over the years as a tourist spot in Malaysia, with the Pearl of the Orient, Penang; and historical Melaka hogging the limelight in the peninsula and Land Below the Wind, Sarawak across the South China Sea drawing in visitors.

KLANG (July 13): Bandar Bukit Tinggi in Klang will see an upgraded version of Manipal Hospitals Klang, which will be opening next Monday.

KUALA LUMPUR (July 13): Berjaya Assets Bhd (BAssets) has appointed an exclusive marketing agent for the sale of a piece of freehold land in Imbi.

MALAYSIAN real estate investment trusts (M-REITs) may soon be allowed to put as much as 15% of their total assets into development projects and vacant land for development and are already positioning themselves for the liberalisation that is slated for the end of the year, industry sources say.

KUALA LUMPUR (July 12): Ireka Corp Bhd (Ireka) has aborted the freehold land acquisition measuring 21.

SINGAPORE (July 12): Singtel Group's subsidiary, NCS, was awarded a S$10 million contract on Monday by Singapore’s Housing & Development Board (HDB) to develop a new Smart Urban Habitat Master Plan (SUHMP).

SINGAPORE (July 12): CapitaLand's wholly-owned serviced residence business unit, The Ascott, is acquiring a 221-unit serviced residence in Docklands, Melbourne, for A$71 million (S$71 million) (RM210 million) as part of its partnership with Australian-based apartment operator Quest Apartment Hotels.

KUALA Lumpur’s Melawati area has been a property hot spot for the last decade, with prices soaring and new developments from major developers such as Sime Darby Property Bhd, Sunway Bhd and Nadayu Properties Bhd.