Positive rental reversion seen for IGB REIT
IGB REIT’s Mid Valley Megamall (MVM) and The Gardens mall (TG) are in prime locations, which have underpinned near-full occupancies and resilient shopper footfall.
IGB REIT’s Mid Valley Megamall (MVM) and The Gardens mall (TG) are in prime locations, which have underpinned near-full occupancies and resilient shopper footfall.
Its portfolio occupancy rate remained healthy at 91.86% in 1QFY17, relatively unchanged from the portfolio occupancy rate of 92.03% in the previous quarter.
In Singapore, the most coveted homes are those with a seafront view, within walking distance of the beach and the park, and near eateries. The East Coast and Sentosa Cove are two areas in Singapore that offer such luxuries.
The UK was the preferred investment destination for 17% of Singaporeans, a 1% rise from last year. The continued interest in UK property is being driven by two key factors, says IP Global, the full-service property investment company.
Yong Tai Bhd has successfully transformed into a Melaka-centric township property developer via its integrated 138-acre (55.85ha) Impression City (RM7.7 billion gross development value), featuring the first-of-its-kind Impression Melaka — an iconic tourist landmark that showcases large-scale live cultural music performances.
S P Setia Bhd has launched a differential sum loan scheme called Setia Express Advance Loan (SEAL), that offers purchasers of its properties lending rates as low as 5.5% per annum and loan amount of up to 30% of the intended property’s purchase price. The move is aimed at helping eligible purchasers of completed S P Setia properties to bridge the financing gap between the purchase price and the purchaser’s end-financing loan amount.
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.
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.
After a long wait, Gadang Holdings Bhd recently won a mass rapid transit Line 2 viaduct project worth RM952.1 million. We believe the company stands a good chance of winning more projects in the near future, considering the various infrastructure projects scheduled to be awarded in the coming months. Meanwhile, its outstanding construction order book (lifted to RM1.6 billion) and unbilled property sales of RM165 million provide earnings visibility over the medium term. Its utilities unit continues to churn in stable earnings from its four water supply concessions in Indonesia, which more than offset a minor loss at its plantation unit.
The GLORIS COLLECTION at Setia EcoHill adopts the best formula with eco-centric designs
and a surrounding that cultivate long-term sustainability.