Malaysia's affordable housing undersupply may 'worsen'
KUALA LUMPUR (March 23): The undersupply of affordable houses in Malaysia may worsen, given current income and demographic factors, according to Bank Negara Malaysia's 2016 Annual Report.
Berjaya Land to acquire 70% stake in hotel industry consultation company
KUALA LUMPUR (March 23): Berjaya Land Bhd plans to acquire 70% of Hotel Integrations Sdn Bhd (HISB), which specialises in the provision of consultation and related services in the hotel industry, for RM1.
Keppel Land signs MoU to collaborate on investment opportunities in Vietnam
SINGAPORE (March 23): Keppel Corporation subsidiary Keppel Land on Thursday signed a Memorandum of Understanding (MoU) with Vietnam’s State Capital Investment Corporation (SCIC) to collaborate on investment opportunities in Vietnam.
CapitaLand Commercial Trust and CapitaLand Mall Trust set up US$2 bil Euro-medium term note programme for RCS Trust
SINGAPORE (March 23): The trustee managers of CapitaLand Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) has established a US$2 billion (S$2.
MBSB makes multiple new board appointments
KUALA LUMPUR (March 23): Malaysia Building Society Bhd (MBSB) made multiple appointments to its board of directors effective yesterday.
S$3.5 mil profit at Ardmore Park
On Feb 28, a 2,885 sq ft unit at Ardmore Park in prime District 10 was sold at a S$3.
Metronic Global cancels JV to develop RM80 mil mixed project after agreement lapsed
KUALA LUMPUR (March 23): Metronic Global Bhd has terminated its joint venture (JV) with Northern Paradise Sdn Bhd to build a mixed development project with an estimated gross development value of RM80 million, after their agreement lapsed.
Beyond easing the seller’s stamp duty
The government recently announced that the seller’s stamp duty and holding period would be lowered for residential properties bought on and after March 11.
Leon Fuat offered RM45.8 mil compensation for Sungai Besi land
KUALA LUMPUR (March 22): Leon Fuat Bhd has been offered a total of RM45.
