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KUALA LUMPUR (July 20): PRG Holdings Bhd, which is planning to develop affordable housing in Sungai Buloh, Selangor, is exploring business opportunities in Myanmar and the Philippines to expand the company’s construction and real estate development operations.

IOI Properties Group Bhd July 19 (RM2.

           KUALA LUMPUR (July 19): Some 1,192 cases have been filed at the Strata Management Tribunal (SMT) to date since the beginning of the year.

SINGAPORE (July 19): Religare is recommending investors “do not participate” in the upcoming Singapore initial public offering (IPO) for EC World REIT, citing a number of downside risks.

KUALA LUMPUR (July 19): PRG Holdings Bhd is exploring business opportunities in Myanmar and the Philippines to expand the company's construction and real estate development operations.

CONTRARY to the expectation of most economists, Bank Negara Malaysia cut the overnight policy rate (OPR) by 25 basis points to 3% last Wednesday, following its counterparts from Indonesia, Singapore and Taiwan.

SINGAPORE (July 15): Manulife US REIT has secured mortgage loan facilities from Wells Fargo Bank and National Association Royal Bank of Canada for US$296 million (RM1.

KUALA LUMPUR (July 15): Malaysian real estate investment trusts (REITs) may soon be able to buy vacant land and engage in property development activities if a new proposal by the Securities Commission Malaysia (SC) garners positive response.

PETALING JAYA (July 14): Bank Negara Malaysia’s (BNM) decision to cut the overnight policy rate (OPR) by 25 basis points to 3% is expected to have a positive impact on borrowers and the property sector, said property developers and mortgage firms.

KUALA LUMPUR (July 14): The Securities Commission Malaysia (SC) has granted a waiver to Sunway Real Estate Investment Trust (Sunway REIT) that will allow the company to acquire land to construct an extension of the Sunway Carnival Mall in Seberang Perai, Penang.