GEORGE TOWN (Feb 18): Remedial measures must be taken to ease traffic congestion before other stages of the RM27 billion Penang Transport Master Plan can begin, according to chief minister Lim Guan Eng (pictured).
These are the price growth and indicative asking rental yields for non-landed residences in the district of Kuching, Sarawak.
PETALING JAYA (Feb 17): Sime Darby Property Bhd is launching its Lifestyle@9 campaign on Feb 20 which aims to promote its Negeri Sembilan townships.
PETALING JAYA (Feb 17): A three-storey bungalow in Gasing Heights, Petaling Jaya, which couldn’t find a new owner in the auction market saw its reserve price dipping to RM10.
KUALA LUMPUR (Feb 17): Fair value adjustment arising from revaluation of its assets led Hektar Real Estate Investment Trust (Hektar REIT) to post a net loss of RM28.
KUALA LUMPUR (Feb 17): Sime Darby Bhd is planning to sell some RM2 billion worth of real-estate assets in Australia and Singapore as it battles cash flow issues amid falling palm oil prices, The Wall Street Journal reports.
KUALA LUMPUR (Feb 16): TRC Synergy Bhd is selling an office suite in the suburbs of Melbourne, Australia, to its managing director Tan Sri Sufri Mohd Zin for A$1.
SYDNEY (Feb 16): A loophole in Australian property rules has helped overseas developers invest what industry executives believe were record levels in the country in 2015, casting doubt over the efficacy of curbs intended to keep a lid on soaring prices.
KUALA LUMPUR (Feb 16): TSR Capital Bhd has bagged a RM240 million contract from Putrajaya Homes Sdn Bhd to build two blocks of 19-storey and 18-storey condominiums and two blocks of multilevel car park in Putrajaya.
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