Gamuda 2Q profit improves; expects a ‘good’ FY2017
KUALA LUMPUR (March 24): Gamuda Bhd, whose share price hit an all-time high yesterday, reported a 4% growth in net profit in its second financial quarter ended Jan 31, 2017 (2QFY2017) to RM166.
E&O launches final batch of landed homes at Seri Tanjung Pinang 1
PENANG (March 24): Eastern and Oriental Bhd (E&O) launched its final batch of landed residential properties at Seri Tanjung Pinang 1 here, yesterday.
‘When you know better, you can do better’
STRATA living is never easy as no one was ever given training as to how to live in strata properties and common sense is not so common when individuals have different values, so says Chur Associates founder and managing partner Chris Tan.
No solution in sight for Chinese buyers of Forest City
KUALA LUMPUR (March 23): There seems to be still no solution in sight for Chinese clients who have put down payments for Country Garden’s Forest City development in Johor.
热盘行情： Tropicana 高尔夫球度假村独栋洋房，Petaling Jaya
成交租金：RM20,000 交易推手：来自Tech Realtors Properties的Christine Lim (REN 01622，012-633 3333) 以及MIP Properties的Freeman Woo (REN 05026，012-656 7617) 成交日：2016年10月 卖点： 租借地契 围篱社区 可享高尔夫球度假村美景 4+1卧室与六间浴室 单位面积：9,000平方尺，土地面积：7,700平方尺 临近设施包括国际学校、大学、医疗中心、购物中心、便利商店及餐厅 交通方便，可轻易取道Jalan Tropicana Utama以前往至NKVE与LDP高速公路 由Tropicana Corp Bhd发展的Tropicana高尔夫球度假村，是个豪华的住宅与围篱社区，住户可在宁静的环境中欣赏绿林美景。 促成这宗交易的Freeman Woo表示，屋主在购入这间洋房后，就着手重建房子重建，并加入泳池等设施，从而推高了房子的价值。 “租户则是来自苏格兰的外派人士，他花了一段时间寻找心仪的房子，如今他终于找到了这间中意的房子，可以安顿好自己和家人。” 他续称，这名租户是跨国公司高层，所以需要一间面积较大的房子，作为接待外宾与宴客的空间，加上他也是一名高尔夫球爱好者，所以看上了高尔夫球度假村住宅。 Woo表示，Tropicana高尔夫球度假村的每月租金约为RM15,000，实际租金胥视屋龄与相关情况而定。 谈及这宗交易以每月RM20,000租金成交，他说，能够以高于市价的租金成交，归功于屋主根据租户的需求来增加装潢，加上房子是新建的，所以推高了成交租金。 TheEdgeProperty.
High Court affirms tribunal’s decision on Summit USJ’s refurbishment dispute
KUALA LUMPUR (March 23): The High Court has on Feb 24 affirmed the decision made by the Strata Management Tribunal in April 2016 that resolutions related to the recent refurbishment of The Summit Subang USJ in Subang, Selangor were not properly passed.
Here’s why CityDev is still RHB’s preferred pick
SINGAPORE (March 23): RHB is keeping City Developments (CDL) at “buy” with a higher target price of S$11.
CapitaLand Commercial Trust and CapitaLand Mall Trust set up US$2 bil Euro-medium term note programme for RCS Trust
SINGAPORE (March 23): The trustee managers of CapitaLand Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) has established a US$2 billion (S$2.
Asian cities are getting more expensive, Singapore tops the list for 4th consecutive year
PETALING JAYA (March 23): According to the “Worldwide Cost of Living Survey 2017” by The Economist Intelligence Unit (EIU), Singapore is the most expensive city in the world, with Asia being home to five out of the top six priciest cities in the survey.
Strong demand remains for properties
Property sector Maintain neutral: Although the value of residential loans approved, an indicator of property sales, fell 15% in 2016, four out of the seven developers in our coverage managed to grow their property sales by 3% to 77% in 2016.
