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Low Yat Group expects RM55m rentals in 5 yrs from Rivercity

KUALA LUMPUR : Privately-owned Low Yat Group, which is undertaking the "Rivercity" mixed development along Jalan Ipoh here, expects to rake in some RM55 million in rentals within five years from its commercial portion when the upgrading is completed.Low Yat Group deputy general manager for property development Leow Sian Hoong said on Monday, Oct 12, the rentals at Rivercity were expected to dou

Rehda: Emulate Singapore and liberalise legal fees

PETALING JAYA: The federal government and Malaysian Bar Council should take a leaf from Singapore’s book and liberalise fee guidelines for the conveyance of property titles, said the Real Estate and Housing Developers’ Association Malaysia (Rehda).

South Korea keeps nervous watch on property prices

SEOUL: South Korea's relentless house price rise is a top concern for the government but it realises that the recent spate of lending controls to calm the market could cause wider problems, senior officials said on Oct 12.

Maybank Research's Buy call on Glomac

KUALA LUMPUR: Maybank Investment Research has initiated coverage on Glomac with a Buy call and RM1.78 target price (41% upside), on its attractive value proposition and explosive earnings growth driven by upcoming high-margin commercial projects.

Maybank Research's 'buy' call on Glomac

KUALA LUMPUR: Maybank Investment Research has initiated coverage on Glomac with a “buy” call and RM1.78 target price (41% upside), on its attractive value proposition and explosive earnings growth driven by upcoming high-margin commercial projects.

Feng Shui in Melbourne

MELBOURNE: This city is the capital and the largest in the state of Victoria. Located in the southeastern part of Australia, Melbourne was established in 1835 but it only transformed into a wealthy metropolis when gold was discovered in the 1850s. It then grew to become one of the largest and richest cities in the world by the 1880s. It is now the second-most populous city in Australia

City & Country: HDB to sell Clementi Mall by tender

The Singapore HDB is putting up Clementi Mall for sale by tender and has appointed Jones Lang LaSalle (JLL) as the exclusive marketing agent. The suburban retail mall is at the junction of Commonwealth Avenue West and Clementi Avenue 3, and in the heart of an established residential township with over 98,000 residents.

City & Country: Foreign briefs

DTZ sees positive sentiment translated into higher investment in Asia-PacificTotal commercial real estate investment transactions in Asia-Pacific reached an estimated US$17.1 billion (RM58.5 billion) in 3Q2009, 50% higher than in 2Q, according to a DTZ report. The strong investment recovery comes after the volume fell to a low of US$4.3 billion in 4Q2008.