News by M

The group’s shares closed unchanged at RM2.97 today, giving it a market capitalisation of RM4.05 billion on its last trading day before the takeover.

"We expect an upward bias for the yields of the Malaysian Government Bonds (MGS) in view of the expected rise in OPR, which may lead to the narrowing yield spreads and placing pressure on REITs' share prices."

The five-storey new hotel sits on top of Cameron Fair — a new commercial and lifestyle development in Tanah Rata.

: The Arc @ Cyberjaya was sold with 25 years of guaranteed rental returns.

Westside III is a 49-storey condominium which is currently the tallest structure in Desa ParkCity.

Even excluding Kuala Lumpur-Singapore HSR, the group is targeting a significant jump in outstanding order book of up to RM12 billion (RM400 million currently)

CBRE|WTW Malaysia: There is no single government body that monitors the situation, so we are not sure whether the products launched are suitable for the target market.

“Developers are focusing more on landed homes instead of high-rise homes now.”

For the residential market, property developers’ focus has shifted to affordable units.

The property market in Malaysia is expected to remain flattish for the rest of 2018, according to property consultancy CBRE|WTW.