Tuesday, July 22, 2008
Asiatic upbeat on luxury homes
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KULAI: Asiatic Land Development Sdn Bhd sees demand for high-end houses in the Senai-Kulai growth corridor is expected to rise in the coming...
Developer counts on Johor land for growth
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JOHOR BARU: Tebrau Teguh Bhd says its land bank within the Tebrau-Plentong river basin development augurs well for its future growth. Execut...
ASM Invt in talks on REIT with developers
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ASM Investment Services Bhd, the asset management arm of Amanah Saham Mara Bhd, is in talks with two property developers on setting up a rea...
REITs an alternative to other stocks
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PETALING JAYA: As large numbers of investors exit from stocks and shares of companies, high yielding real estate investment trusts (REITs) a...
Bank Simpanan banks on personal, housing loans
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BANK Simpanan Nasional (BSN) expects personal and housing loans to drive growth this year as it braces itself for a possible rise in bad loa...
Gamuda, IJM may be 'ideal' takeover targets: Macquarie
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GAMUDA Bhd and IJM Corp, Malaysia’s second- and third-biggest builders, may be perfect takeover targets for Middle East companies seeking ex...
MRCB to buy land in Penang
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MALAYSIAN Resources Corporation Bhd (MRCB) plans to acquire a freehold land in Penang for RM26 million. MRCB entered into a sales and purcha...
Monday, July 21, 2008
Amanah Raya Real Estate Investment Trust to expand portfolio to RM1b
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The manager of the AmanahRaya Real Estate Investment Trust (AR-REIT) plans to inject three properties valued at about RM300 million into the...
Malaysia Property Inc to kick off in October
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The soon to be launched Malaysia Property Incorporated (MPI), a joint public-private sector initiative to promote Malaysia's real estate...
Kuwaiti company 4th largest investor in AR-REIT
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KUWAIT'S Global Investment House (GIH) has emerged as an investor in AmanahRaya Real Estate Investment Trust (AR-REIT), Malaysia's s...
Lack of incentives hindering REIT growth
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KUALA LUMPUR: Although most real estate investment trust (REIT) valuations are relatively cheap now, declining well below their current net ...
Timing important during economic uncertainty
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While the emphasis of property projects has always been on location, timing has now become more important during this property slowdown amid...
SP Setia remains optimistic, plans new launches
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SP SETIA Bhd, Malaysia's most valuable property developer, will continue to launch new projects this year despite tougher business condi...
I-Berhad in talks on en bloc sale of The Peak@KLCC
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I-BERHAD, the developer of luxury serviced residence The Peak@KLCC, is in talks with several parties for a possible en bloc sale for this pr...
Gamuda gains on report bid has support
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GAMUDA Bhd, Malaysia’s second-biggest builder, rose the most in a week in Kuala Lumpur trading after a newspaper reported the company’s larg...
Govt asked to temporarily ban exports of steel
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Many property developers and contractors have urged the Government to impose a temporary ban on the exports of steel and allow it to be impo...
Steel prices in UAE surge
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DUBAI: Steel prices in the United Arab Emirates have risen almost 10 per cent in one week as demand for construction materials continues to ...
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Konsortium Logistik hopes to get RM65m from land sales
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KONSORTIUM Logistik Bhd, a logistic company, plans to sell several pieces of land in Indonesia, Thailand and Malaysia for an estimated RM65 ...
A frank assessment of property & construction
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According to census only 5% of households in the country have a monthly income of RM10,000 or more. You would think the figure was a lot hig...
Danga City Mall to add hotel, serviced apartments
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JOHOR BARU: Danga City Mall Sdn Bhd (DCMSB) plans to build a hotel tower and serviced apartment block as part of its Danga City Mall develop...
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