Chin Hin and Ivory Properties to develop Crown Penang, to launch in 2Q2024
Crown Penang comprises 588 units within a 41-storey tower, and its units will feature smart-home technology in an urban resort setting.
OCBC Bank extends RM700m financing to Ideal Property Group
OCBC Bank will also be offering an attractive end-financing package to qualified end purchasers of the industrial park.
Setia EcoHill 2 unveils first phase of commercial development in Setia Commerce Square
Nadi comprises three phases of shopoffices and is estimated to have a gross development value of RM500 million, occupying 34 acres out of the 1,010-acre Setia EcoHill 2 which is planned for completion by 2026.
Resilient demand for Sunway's and IOI Properties' projects in Singapore despite property cooling measures, says HLIB
The stamp duty, announced by Singapore's Ministry of National Development, is a property cooling measure to dampen investment demand and prioritise housing for locals meant for owner-occupation.
CapitaLand Malaysia’s 1Q NPI up 9% on better revenue contribution; declares 0.87 sen DPU
Its portfolio occupancy improved to 89.
National Housing Policy – a great blueprint awaiting implementation
There are various laws that are applicable to the housing development, but there are still weaknesses in the control, implementation and enforcement of these laws.
AME REIT declares 1.82 sen distribution per unit for 4Q23
It was the second distribution whereby AME REIT distributed 100% of the quarter’s distributable income to its unitholders.
Crowne Estate partners with Accor to open Swissôtel Genting Highlands in 2028
It will be located at an altitude of 3,000 feet that includes a 300-room property, conference facilities, and grand ballroom with a 15-minute drive away to the Genting Highland summit.
Axis REIT posts small rise in 1Q net property income, declares 2.05 sen income distribution
Axis REIT’s manager is optimistic that in view of the satisfactory performance of the REIT’s existing property portfolio and its growth strategy to actively pursue quality investments, it will be able to maintain its current performance for FY2023.
