Kerjaya Prospek orderbook swells to RM2.6 bil
KUALA LUMPUR (Aug 1): Kerjaya Prospek Group Bhd's outstanding orderbook stands at RM2.
Perennial-led consortium mulls en bloc sale of AXA Tower for S$1.65 bil
SINGAPORE (July 31): A consortium of investors led by Perennial Real Estate Holdings announced Monday it is considering the en bloc sale of AXA Tower at no less than S$1.
Asia’s co-working players JustCo and naked Hub merge to fend off WeWork
MANY co-working operators do not really understand co-working, according to Kong Wan Sing, founder and CEO of JustCo, a home-grown serviced office and co-working operator.
Unqualified applicants awarded low-cost houses in Penang
GEORGE TOWN (July 31): Adherence to the terms and conditions of application for Low-Cost Housing Programs (PPKR) in Penang was not up to par, according to the Auditor-General's Annual report 2016 Series 1.
Analysts positive on Sime Darby management changes
KUALA LUMPUR (July 31): Analysts have given the thumbs up to conglomerate Sime Darby Bhd's management changes announced last Friday, as they opined the changes would pave the way for the group's demerger exercise.
WMG completes RTO, set to launch RM1.3 bil new projects in the next few years
KUALA LUMPUR (July 31): Sabah-based property developer WMG Holdings Bhd (WMG) is looking to launch RM1.
Pavilion REIT 1HFY17 below expectations
Pavilion Real Estate Investment Trust (July 28, RM1.
PKNS delays REIT plan to 2019
KUALA LUMPUR (July 31): The Selangor State Development Corp, better known as PKNS, has postponed its initial target of establishing a real estate investment trust via its property investment unit PKNS Real Estate Sdn Bhd (PKNS RE) by 2018 to 2019, while it continues to look for good buys to raise PKNS RE’s total asset value to RM1 billion.
Developers’ shrinking unbilled sales not quite a concern
KUALA LUMPUR (July 31): The contraction in unbilled sales in the past one year may not pose that much of a concern to property developers’ earnings.
