MALAYSIAN real estate investment trusts (M-REITs) may soon be allowed to put as much as 15% of their total assets into development projects and vacant land for development and are already positioning themselves for the liberalisation that is slated for the end of the year, industry sources say.
SENTOSA Cove has some of the priciest waterfront resort homes built on 99-year leasehold reclaimed land.
PETALING JAYA (June 28): The GEM Residences condominium jointly developed by Gamuda Land, Evia Real Estate and Maxdine Pte Ltd, in Toa Payoh, Singapore, has achieved a take-up rate of 55% since its launch on May 28, said Gamuda Land in a statement today.
PETALING JAYA (June 24): The annual National Real Estate Awards (NREA), which is organised by the Malaysian Institute of Estate Agents (MIEA), is now open for submissions.
KUALA LUMPUR (June 20): Sunway Real Estate Investment Trust (REIT) has bought a tract of land measuring 143,225 sq ft (13,306 sq m) adjacent to its Sunway Carnival Shopping Mall in mainland Penang from its parent Sunway Bhd, for RM17.
TO succeed in anything, be it buying a house or building a career, one needs to have a plan with a set target and the determination to achieve it.
KUANG (June 18): Gamuda Land, the property arm of construction group Gamuda Bhd, aims to launch Kundang Estates residential development in Kampung Baru Kundang, Kuang, at the end of next month, said the developer’s chief operating officer, Ngan Chee Meng.
KUALA LUMPUR (June 17): Sunway Bhd expects to sustain its performance for the current financial year ending Dec 31, 2016 (FY16) despite challenges faced by the property and construction sectors.
KUALA LUMPUR (June 16): AmanahRaya Real Estate Investment Trust (REIT) is acquiring a land together with a four-storey office building in Cyberjaya for RM40 million.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
