Auditor casts going concern doubts on Damansara Realty

KUALA LUMPUR (May 31): Damansara Realty Bhd’s external auditor has issued a statement regarding a material uncertainty in the financial statements of Damansara Realty that may cast significant doubt on the company’s ability to continue as a going concern.

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Rush to launch Melbourne projects

PROPERTY developers with residential projects in Melbourne, Victoria are actively launching them ahead of July 1, when new punitive property cooling measures kick in.

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Signs of recovery in high-end condo segment in Singapore

Even on a weekday afternoon, real estate agents are ubiquitous at Gramercy Park: waiting for their clients at the basement carpark; touring the 170,000 sq ft manicured grounds, which include a 50m pool and clubhouse; or viewing the new show suites at the South Tower with prospective buyers.

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