Invest in property now or wait?
Kenanga Investment Bank Bhd believes the property sector is bottoming out but still lacks strong catalysts. The bank is advising investors to be selective in their investments, says head of equity research Sarah Lim.
Kenanga Investment Bank Bhd believes the property sector is bottoming out but still lacks strong catalysts. The bank is advising investors to be selective in their investments, says head of equity research Sarah Lim.
If you need a loan to finance your property purchase, or for business investment or children’s education, you may be put off by the current tight lending environment.
Located at the fringe of central Kuala Lumpur, the area was once the home of brick-making fields back in the late 18th century, hence its name Brickfields.
Its peak quality order book of RM8.7 billion incorporates the recent Bukit Bintang City Centre development project win and can provide solid earnings visibility over the next two to three years.
Australian-listed property developer and infrastructure group Lendlease will preview Park Place Residences at Paya Lebar Quarter (PLQ) on March 11. The project is slated to be launched on March 25.
AQRS potentially stands to benefit from future development in Kota SAS, especially transit-oriented development projects.
The property was acquired back in April 2014 at a cost of C$70.2 million with a planned gross development value of C$516.9 million.
The secret to happiness is to spend money on experiences and not things, says Thomas Gilovich, a psychology professor at Cornell University. Experiences are said to linger in our memories, resulting in storytelling and conversation, and enhancing social relations. In fact, the anticipation of an experience can be gratifying by itself. Experiences also elicit fewer social comparisons than material goods.
WCT Holdings Bhd has received a request for arbitration from the Dubai International Arbitration Centre which was filed by Triumpher Steel Construction Group (TSC).
Winning this high-profile project certainly provides a much-needed sentiment booster to its share price, given the high market expectation for Gadang to secure one of MRT2 packages (based on its MRT1 track record).