News about state

KUALA LUMPUR (Aug 28): Eversendai Corp Bhd posted a net profit of RM20.

Sold for: RM7.

SHAH ALAM (Aug 21): The Selangor State Development Corp (PKNS) is offering cash incentives of between RM4,000 and RM10,000 to those who introduce its properties to buyers through the MyPKNS Incentive Programme.

PETALING JAYA (Aug 21): Occupancy rates for purpose-built offices (PBOs) in Kuala Lumpur city continued its decline to record at 80.

SINGAPORE (Aug 15): The Straits Trading Co Ltd posted a 28.

As leasehold properties are becoming more commonly available, it would be wise for purchasers to know what that means to owners in the long term.

KUALA LUMPUR (Aug 10): One of the starting points in efforts to make cities, including in Malaysia, more sustainable is to be more aware of the needs of its citizens instead of just focusing on the space that can be built on.

PETALING JAYA (Aug 10): The Asean Real Restate Network Alliance (Arena) Convention and Exhibition (ACE) 2017 is expected to draw over 600 participants from Southeast Asia, the US and UK.

KUALA LUMPUR (Aug 8): Industry players say the perceived slow demand in low-cost housing units is mainly due to difficulty in securing financing, unsuitable location of projects as well as a shift in demand towards better quality projects.

SINGAPORE (Aug 7): Singapore placed fourth in terms of 1H2017 real estate market activity among APAC countries, according to Real Capital Analytics’ Q2 2017 Asia-Pacific Capital Trends Report.