YTL Hotels acquires three properties in the UK
YTL Hotels has recently acquired three properties in the UK — in Edinburgh, Berkshire and London — strengthening the company’s presence within the UK, the group announced in a press release today.
Penang non-landed residences do well on the island; landed homes on the mainland
There were more landed projects with CAGR of more than 30% on the mainland than non-landed homes…
Penang’s rent control proposal on pre-war buildings moves to the second stage
“The state government needs to preserve the living heritage and ensure they do not leave just because they cannot afford to pay the rentals.”
IKEA pushes south
Located at Jalan Desa Tebrau in Johor Bahru, the IKEA store is scheduled to open at the end of 2017 and will span 46,713 sq m.
Rehda: No developer can give you 100% financing. We are not financial institutions.
The average margin of financing given currently ranges from 75% to 80%.
Properties priced from RM500,001 to RM700,000 faced the most loan rejections in 1H2016
“Again and again, end financing is the issue for homebuyers today.”
Rehda: Launches and sales decreased significantly in 1H2016
Real Estate Housing Developers’ Association president Datuk Seri Fateh Iskandar Mohamed Mansor noted that developers are adapting to the current market demand by homebuyers and have launched properties which are more sought after in this challenging market.
S P Setia to launch Setia Sky Ville condos and Isle of Palm semi-dees this month
Setia Sky Ville comprises two blocks of 33-storey condo units with a total of 550 units.
Medini Iskandar to launch Medini 10 and The Compass
Sprawled over 2,230 acres in Iskandar Puteri, Medini Iskandar is expected to have a gross development value (GDV) of US$20 billion...
