Chinatown Hotel in Singapore sold for S$31 mil
SINGAPORE (July 14) Three adjoining freehold shophouses on Teck Lim Road, off Keong Saik Road, have been sold to Hilltop Capital, an entity linked to Aw & Sons and Aw Kim Cheng Realty.
Sunway buys KL land from Genting chief to develop RM1.05 bil project
KUALA LUMPUR (July 13): Sunway Bhd is acquiring 4.
Najib: Sungai Buloh-Kajang MRT line to encourage more to use public transport when it starts operating on July 17
KUALA LUMPUR (July 13): Prime Minister Datuk Seri Najib Razak expects the Sungai Buloh-Kajang (SBK) MRT line, which will start operating on July 17, to encourage more to use public transport.
Hua Yang 1Q net profit plunges 92.8% due to lesser ongoing projects
KUALA LUMPUR (July 13): Hua Yang Bhd saw its net profit for the first financial quarter ended June 30, 2017 (1QFY18) plunge 92.
趋势：购买拍卖房产需知
在房产市场放缓的情况下，有些人会趁这时候在拍卖市场找些便宜货，但你是否知道，购买被拍卖的房产并不是一个简单的过程? Property Auction House Sdn Bhd 执行董事Danny Loh表示：“如今看起来有更多价值RM100万的高档公寓被拍卖。假如经济持续放缓，我们应该会看到更多这类的高档公寓屋主，无力偿还房贷。” 在购买拍卖房屋之前，千万要记住的是，身为买方的你很有可能面临融资的问题。 Loh总结说：“很多投资者现在都不太愿意[购买房产]，因为他们预计房地产市场会进一步走软。在买家人数减少的情况下，意味着相同的物业可能需要经过一轮以上的拍卖，才能被卖掉。” 除此之外，买方也必须了解有关被拍卖房产的细节，例如它们都是以“按原样”(as-is-where-is)的原则出售。 根据AuctionGuru.
Stress and the city
So it’s true — Klang Valley folks are less happy living in the city compared with those living in Penang and Johor Bahru.
MM2H participants contributed RM4.9 bil in property purchases since 2012
KUALA LUMPUR (JULY 13): The Malaysia My Second Home (MM2H) programme has contributed RM4.
MPCorp surges 29% on JV to develop land in Johor
KUALA LUMPUR (July 13): Malaysia Pacific Corp Bhd (MPCorp) surged 29.
MPCorp enters JV to develop 13 pieces of land in Johor
KUALA LUMPUR (July 13): Malaysia Pacific Corp Bhd (MPCorp) said it has entered into a joint venture (JV) agreement with Taiwan-based Chun Fu Development Sdn Bhd to jointly develop 13 pieces of land in Plentong, Johor.
WCT says it has good grounds to ‘defend and oppose’ RM214 mil claims
KUALA LUMPUR (July 13): WCT Holdings Bhd has reached a preliminary view that, subject to formal legal opinion, it has good grounds to defend and oppose three companies’ claims for 181.
