Ibraco to venture into affordable housing
Sarawak-based property developer Ibraco Bhd, known for its range of upscale residential and commercial property projects, is recalibrating its product portfolio to include more affordable housing.
Penang property projects worth RM11.3 bil on hold
Soft market prompts Singapore developer to reassess joint-venture projects.
Proposed Stamp Act changes cause a stir
Some proposed amendments to the Stamp Act 1949, which seek to impose stricter requirements on the stamping of contracts, have caused a stir among property developers who worry that the amendments will push up their cost of doing business.
S P Setia to unveil next component of Setia Eco Templer phase 1
The developer is also planning another eco-themed township development on the recently acquired 1,675-acre tract in Seberang Perai, Penang, which has an estimated GDV of RM9.6 billion.
Aset Kayamas' Hamilton project sold out in less than four hours
"We're really happy about that, it is a good start for us for 2017," said Aset Kayamas managing director Tan Sri Chai Kin Kong.
KLCCP Stapled Group declares lower 4Q income distribution as earnings fall
The group's income distribution came in at RM177.83 million or 9.85 sen per unit for the quarter, down 0.3% from RM177.28 million or 9.82 sen per share in 4QFY2015.
AlloyMtd to launch One Crown Place residential units on Feb 8
Located in Sun Street, London, prices of the one-bedroom apartment units start from £725,000 (RM3.98 million) and will be completed by the summer of 2020.
CapitaLand Mall Trust reports flat 4Q DPU of 2.88 Singapore cents
Richard R Magnus, chairman of manager CapitaLand Mall Trust Management Limited (CMTML), notes the trust’s “resilient” performance against a challenging backdrop.
UOA REIT’s 4Q net rental income down 9% to RM15.9 mil
Net profit plunged by a steep 80% to RM14.94 million from RM74.54 million in the same period a year ago due to absence of revaluation surpluses.
