Ascott REIT rights issue 1.8 times subscribed
SINGAPORE (April 5): The manager of Ascott Residence Trust announced its rights issue was 1.
Sime Darby's maritime city could spur further development, says RHB Research
KUALA LUMPUR (April 4): Sime Darby Property Bhd entered into a memorandum of understanding yesterday with MMC Port Holdings Sdn Bhd and India's Adani Ports and Special Economic Zone Ltd to study the feasibility of developing a maritime city on its plot in Carey Island.
8 reasons high-rises are climbing the popularity chart
WHEN CK Lau’s family decided to shift from a spacious semi-dee house to a smaller 1,279 sq ft condo unit five years ago, relatives and friends wondered if the Laus were having trouble making ends meet.
Singapore REITs get an upgrade as Fed doves & hawks tussle
SINGAPORE (April 3): CIMB Research is upgrading its sector outlook on Singapore REITs (S-REITs) from “underweight” to “overweight” on a dovish Fed outlook in addition to a potential sector re-rating ahead of a broader physical recovery in 2018.
CEO Phua offers to privatise TEE International at 21.5 Singapore cents per share
SINGAPORE (April 3): Phua Chian Kin, group CEO and controlling shareholder of TEE International, is offering to buy out other shareholders for 21.
Sime Darby Property creating a modern skyline in the eastern part of KL
BEING able to wake up to fresh air and lush forest views every morning and then going to work using the LRT just a few minutes away sounds far from reality in Malaysia’s capital city of Kuala Lumpur.
Le Nouvel Ardmore unit fetches S$4,005 psf
AT Le Nouvel Ardmore, Wing Tai Holdings’ 43-unit ultra-luxury condominium project, a unit was recently sold for S$15.
MAHB, DRB-Hicom, LBS Bina, Genting Plantations seen gaining from DFTZ — CIMB Research
KUALA LUMPUR (March 28): Malaysia Airports Holdings Bhd (MAHB) and DRB-Hicom Bhd are expected to be the key beneficiaries from the government's recently launched Digital Free Trade Zone (DFTZ), said CIMB Research.
Ministry mulls measures to strengthen MM2H programme
THE Malaysia My Second Home (MM2H) programme under the Ministry of Tourism and Culture is looking to roll out several initiatives to strengthen the programme, possibly from the third quarter of 2017.
Malaysia's affordable housing undersupply may 'worsen'
KUALA LUMPUR (March 23): The undersupply of affordable houses in Malaysia may worsen, given current income and demographic factors, according to Bank Negara Malaysia's 2016 Annual Report.
