News about property

YNH Property was the third most active stock with a trading volume of 233.

At the time of writing, YNH Property, the property developer linked to prominent investor Datuk Dr Yu Kuan Chon, witnessed an all-time high trading volume of 218.

This marks the third time that YNH, which is linked to prominent investor Datuk Dr Yu Kuan Chon, hit limit down within the past two weeks.

Chur Associates founder and managing partner Chris Tan equates buying a property like buying a car, where regular maintenance is needed to upkeep the performance of the car, and the same applies to properties to preserve and enhance their value.

Panellists discussed what investors and consumers should watch out for when buying into stratified integrated development.

This downgrade reflects growing concerns over YNH's weak liquidity position and further delays in the sale of assets, which is much-needed for cash infusion.

The property developer said this announcement serves to rectify its oversight pertaining to the proposed acquisition and is made in accordance with Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Bhd.

The freeze was due to the counter trading at static limit down prices for two consecutive days, Bursa said in a stock exchange filing on Wednesday.

DONE DEAL: Terrace house, Taman Setiawangsa, Kuala Lumpur DONE DEAL: Bungalow, Taman Bukit Pantai, Kuala Lumpur Bayu Segar is located in Taman Bukit Segar, a quaint neighbourhood, towards the southern end of Cheras.

Rapid Synergy, YNH Property and Imaspro had received unusual market activity queries from Bursa Malaysia last week and had responded to the local stock exchange operator.