SINGAPORE (Oct 18): City Developments Ltd (CDL) announced that its special purpose company, Iconique Tokutei Mokuteki Kaisha, has signed an agreement with Mitsui Fudosan Residential for a 20% stake in a prime residential development in Tokyo.
THE Malaysian property auction market saw 12,336 properties worth about RM4.
KUALA LUMPUR (Oct 11): Sime Darby Bhd’s plans to acquire a majority stake in Singapore-based Saizen Real Estate Investment Trust (REIT) through a reverse takeover is back on track.
KUALA LUMPUR (Oct 4): Sime Darby Bhd's plan to acquire a majority stake in Saizen Real Estate Investment Trust (Saizen REIT) through a reverse takeover (RTO) appears to have fallen through.
PENANG (Sept 23): Non-landed residential projects on Penang island have performed better than landed homes on the island in recent years.
PETALING JAYA (Aug 11): The residential property sector in Kota Kinabalu is witnessing a gentle improvement, underpinned by a lack of new launches in the market, said property consultancy firm Knight Frank Malaysia in its Real Estate Highlights report.
KUALA LUMPUR (July 11): Mah Sing Group Bhd’s upcoming launch of Cerrado Residential Suites at Southville City, Bangi, has attracted 7,500 registrants, due to the “compelling” prices of the units which largely fell below RM500,000, said chief sales officer James A Bruyns.
PROPERTY market cycles come and go, but with prolonged weakness, the current slowdown could point to a much larger economic issue.
KUCHING (March 15): Sarawak Chief Minister Tan Sri Adenan Satem today announced that the state government had abolished payment of certain land quit rents.
PETALING JAYA (March 11): Despite developers scaling back on new property launches, the number of new bungalows and garden villa units launched in 2H2015 have jumped to 312 from 24 units in 1H2015, according to the Real Estate Housing Developers Association of Malaysia (Rehda) Property Industry Survey 2H2015.
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