News by M

S P Setia Bhd has launched the Gloris Collection, the third and final phase of the Horizon Residences at Setia EcoHill, Semenyih last weekend.

The TEP360 seminar on April 8, entitled “Navigating through turbulent times”, was attended by about 350 participants. Of great interest to homeowners and investors is what opportunities are out there, given the current market uncertainty.

The most crucial factor in securing a housing loan with the desired financing margin is to have a high debt service ratio, according to Malayan Banking Bhd (Maybank) head of consumer finance Abdul Razak Mohd Nordin.

Property transactions are down, office occupancies are down, unsold units are up — things certainly didn’t look good in 2016, according to the Malaysian Property Market Report 2016 released by the Valuation and Property Services Department (JPPH) early this week.

In a landmark ruling, the Federal Court had yesterday decided that only constitutionally appointed judges can decide on compensation in land acquisitions.

UOA Real Estate Investment Trust (UOA REIT) is putting future property acquisition plans on hold this year due to the subdued market and also because the assessments and due diligence for such transactions will take time.

The government will be inviting companies to bid for a billion ringgit worth of jobs for the Kuala Lumpur-Klang Bus Rapid Transit (BRT) project, as well as Phase 2 of the Klang Valley Double Track (KVDT) project, said Transport Minister Datuk Seri Liow Tiong Lai (pic).

Former Gabungan AQRS Bhd executive director and deputy chairman Alvin Ng Chun Kooi has ceased to be a substantial shareholder in the company, after disposing of 5.66 million shares or a 1.4% stake.

This is an excerpt of Part 2 of the Q&A with speakers following TheEdgeProperty.com Symposium on Property Management 2017 on April 8. Part 2 features only questions directed at Chris Tan, managing partner of Chur Associates who received the most number of questions.

The full Part 2 of the Q&A is available online at TheEdgeProperty.com. Please note that the replies reflect the personal views of the speaker and do not constitute legal advice.

RHB has downgraded its call on CapitaLand Commercial Trust (CCT) from “buy” to “take profit”, recommending investors to lock in profits and re-enter at lower levels now that the units of the trust are currently hovering close to the research house’s target price of S$1.68, which remains unchanged.