Over a third of survey participants believe property prices will go down in next 12 months
PETALING JAYA (July 22): About 36.
CMMT’s share price and earnings soar even as competition intensifies
KUALA LUMPUR (July 20): CapitaLand Malaysia Mall Trust (CMMT) share price hit a one-year high of RM1.
Construction to see eight Pan Borneo contract awards?
Construction sector Maintain overweight: The remaining eight Pan Borneo Highway work packages worth around RM10 billion will be awarded this month, according to a news report.
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Investors favour real estate, private equity and hedge funds
THE real estate sector may deliver better returns than bonds, but investors should be patient and selective when looking at new property allocations, according to the Global Alternatives Survey 2016, published by Willis Towers Watson, a leading global advisory and broking and solutions company headquartered in London.
KL-Singapore High Speed Rail to be ready in 2026
PUTRAJAYA (July 19): Malaysia and Singapore have signed a Memorandum of Understanding (MOU) to work towards commencing the Kuala Lumpur-Singapore High Speed Rail (HSR) operations by 2026.
Ekovest to keep EkoCheras Mall for planned REIT, says chairman
KUALA LUMPUR (July 19): Ekovest Bhd does not intend to sell its EkoCheras Mall as it plans to keep it for recurring income and to group it with other properties that provide recurring income, like the group’s RM4 billion River of Life project, to form a real estate investment trust (REIT), said its executive chairman Tan Sri Lim Kang Hoo (pictured).
Property market still slow and outlook seems uncertain
THE CURRENT slowdown in the property market doesn’t look like it will pick up anytime soon.
Singapore and Malaysia to sign High-Speed Rail project MoU on July 19
SINGAPORE (July 15): Singapore and Malaysia will sign a Memorandum of Understanding on the High-Speed Rail (HSR) project linking Kuala Lumpur with Singapore next Tuesday, said Channel NewsAsia in a Bernama report.
SC seeks to relax REIT rules
KUALA LUMPUR (July 15): Malaysian real estate investment trusts (REITs) may soon be able to buy vacant land and engage in property development activities if a new proposal by the Securities Commission Malaysia (SC) garners positive response.
BSN targets 10,000 borrowers for Youth Housing Scheme
KUALA LUMPUR (July 14): Bank Simpanan Nasional (BSN) is striving to get 10,000 new borrowers for its Youth Housing Scheme to boost its current low take-up rate, Bernama reported today.
