YTL REIT seen to deliver EPU growth
YTL Hospitality Real Estate Investment Trust (March 28, RM1.
Titijaya buys firm that owns Ampang land, plans RM1.5b mixed project
KUALA LUMPUR (March 28): Titijaya Land Bhd is buying shares of a loss-making privately-owned property company that owns a 27,550 sq m piece of land in Ampang here, for RM9.
Rejection rate of housing loan applications drops below average, says Bank Negara
PETALING JAYA (March 28): The rejection rate of housing applications has declined to below the average rate of about a quarter of all cases, said Bank Negara Malaysia (BNM) in its “Financial Stability and Payment Systems Report 2017”.
Investments into the retail sector to continue in 2018
PETALING JAYA (March 28): A Knight Frank Malaysia survey showed that the retail sector is still the top commercial real estate investment this year among key players in the industry despite an oversupply of retail space in the country.
Housing loans make up half of household debt, reflects affordability issues
PETALING JAYA (March 28): Loans for the purchase of residential properties remain the largest component of household debt, representing 52% of total household loans, according to Bank Negara Malaysia’s (BNM) “Financial Stability and Payment Systems Report 2017” released today.
Works Ministry to get local authorities to make IBS mandatory
KUALA LUMPUR (March 27): The Ministry of Works said it wants to get local authorities around Malaysia to impose a mandatory ruling for new developments to comply with the requirements for industrialised building system (IBS).
Pesona’s job flow momentum appears to be picking up
Pesona Metro Holdings Bhd (March 26, 37 sen) Maintain buy with a target price (TP) of 52 sen: Pesona Metro Holdings Bhd announced that it has been awarded a RM216.
Still not that appealing after the fall
KUALA LUMPUR (March 26): It has been more than three years since the puncture of the property boom.
Two Putrajaya Grade A office buildings worth RM600m up for sale
PETALING JAYA (March 24): Two Grade A office buildings in Putrajaya valued at RM600 million have been put on sale as their owner, a US-based private equity fund, is unable to pay its debt, reported The Edge weekly.
Mismatch between type of houses built and demand, says PR1MA
KUALA LUMPUR (March 23): There is a mismatch between the type of houses built under the 1Malaysia People’s Housing Scheme (PR1MA) and the demand for them.
