SINGAPORE (Jan 23): RHB Research has downgraded CapitaLand Mall Trust from a “buy” to a “neutral” recommendation, amid concerns that its rental growth could be affected by the sluggish retail market.
PETALING JAYA (Jan 23): China has hit record sales of US$33 billion (RM146.
Pavilion Real Estate Investment Trust (Jan 20, RM1.
KUALA LUMPUR (Jan 23): Sarawak-based property developer Ibraco Bhd, known for its range of upscale residential and commercial property projects, is recalibrating its product portfolio to include more affordable housing.
SOME proposed amendments to the Stamp Act 1949, which seek to impose stricter requirements on the stamping of contracts, have caused a stir among property developers who worry that the amendments will push up their cost of doing business.
PETALING JAYA (Jan 21): S P Setia Bhd plans to unveil the next component of the first phase of its Setia Eco Templer project in Rawang this quarter, said executive vice-president Datuk Koe Peng Kang in a City & Country report dated Jan 23, 2017.
INTERESTINGLY, Johor’s residential transaction volume has not decreased as much as Kuala Lumpur’s and Selangor’s, noted TheEdgeProperty.
Sold for: RM838,000 (RM520 psf) Concluded by: Nelson Leong (REN 15269) of Cornerstone Realty (012-813 1889) When: August 2016 Noteworthy: ● Freehold ● 1,610 sq ft ● Corner unit ● 3+1 bedrooms and 3 bathrooms ● Bathtub in master bathroom ● Accessible via LDP, Sprint Expressway, MRR2 and NKVE Developed by Land & General Bhd (L&G), Damansara Foresta is a freehold development located in Bandar Sri Damansara.
KUALA LUMPUR (Jan 19): Amanahraya Real Estate Investment Trust (REIT) has appointed Datuk Seri Ikmal Hisham Abdul Aziz as its chairman from today.
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