Frasers Centrepoint Trust to strengthen foothold after reclaiming its rule in the North
SINGAPORE (April 26): DBS Vickers Securities continues to rate Frasers Centrepoint Trust (FCT) at “buy” with an unchanged target price of S$2.
Hektar REIT undertakes RM62 mil asset enhancement initiatives
KUALA LUMPUR (April 26): Hektar Real Estate Investment Trust (REIT) is undertaking new asset enhancement initiatives (AEIs) worth RM62 million for two of its malls.
Agricultural land outperforms market in 2016
PETALING JAYA (April 25): Agricultural property has outperformed other property sub-sectors in both transaction value and volume in 2016.
Singapore residential market likely to recover by early 2018, says JLL
THE strong bids for the Toh Tuck Road site on April 11 and high developers’ sales numbers unveiled by URA on April 17 are more signs that the Singapore residential market may be turning the corner, says JLL.
UEM Sunrise partners real estate agencies to offer one-stop management services
KUALA LUMPUR (April 25): SCM Property Services Sdn Bhd, a wholly-owned subsidiary of UEM Sunrise Bhd, will be introducing a one-stop real estate management service concept in collaboration with eight real estate agencies.
Pan Borneo Highway set to boost CMS earnings
KUALA LUMPUR (April 25): Cahya Mata Sarawak Bhd (CMS), which has been awarded a Pan Borneo Highway contract, expects to benefit even more from the spillover effects of the mega highway project.
Four transactions with more than S$1 million in profit each
FOUR private non-landed houses were each sold for more than S$1 million in profit in the week of March 28 to April 4.
Raise your debt service ratio to get that loan
KELANA JAYA: The most crucial factor in securing a housing loan with the desired financing margin is to have a high debt service ratio, according to Malayan Banking Bhd (Maybank) head of consumer finance Abdul Razak Mohd Nordin.
Govt to invite bids for infrastructure jobs soon
KUALA LUMPUR (April 21): The government will be inviting companies to bid for a billion ringgit worth of jobs for the Kuala Lumpur-Klang Bus Rapid Transit (BRT) project, as well as Phase 2 of the Klang Valley Double Track (KVDT) project, said Transport Minister Datuk Seri Liow Tiong Lai (pic).
