Ekovest up, but IWCity down sharply after shareholders reject takeover plan
KUALA LUMPUR (March 29): Ekovest Bhd's share price climbed four sen or 4.
Ekovest fails to get shareholders nod for IWCity takeover
KUALA LUMPUR (March 29): Ekovest Bhd said the construction, infrastructure and property company's shareholders had not approved its proposed takeover offer of Iskandar Waterfront City Bhd (IWCity) at RM1.
Revision of stamp duty plan for luxury properties good news for sector, says MIDF Research
KUALA LUMPUR (Dec 21): The government's revised plan to maintain the stamp duty for luxury properties at 3% is positive for the property sector, according to MIDF Amanah Investment Bank Bhd Research.
Singapore property developers walking a tightrope
SINGAPORE (Oct 5): Still-buoyant sentiment in the mass market could allow Singapore’s property developers to raise prices, but might trigger further policy tightening on top of the property cooling measures in place, says Maybank Kim Eng.
Lower OPR expected to have positive impact on existing borrowers, property sector
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.
Property demand to stay soft, cautions PublicInvest Research
KUALA LUMPUR (Sept 23): Public Investment Bank Bhd has maintained its “Overweight” rating on the property sector, but cautioned demand remains soft due to deteriorating affordability and more stringent lending weighing down on it.
