Government looking to establish single authority for affordable housing
KUALA LUMPUR (July 25): The government is looking to establish a single authority to regulate the housing industry especially for affordable housing in the country.
Axis REIT’s net property income increases 1.8% in 2Q, declares 2.17 sen DPU
KUALA LUMPUR (July 25): Axis Real Estate Investment Trust’s (Axis REIT) net property income grew marginal to RM36.
Ascott acquires 80% stake in US accommodation provider Synergy Global Housing
SINGAPORE (July 24): The Ascott, CapitaLand’s serviced residence unit, is acquiring an 80% stake in Synergy Global Housing, a leading accommodation provider in the US where it leases apartments from partners and property owners to rent to corporate clients.
Axis REIT plans to buy Pahang lands from Wah Seong units for RM155 mil
KUALA LUMPUR (July 24): Axis Real Estate Investment Trust (REIT) is planning to buy one piece of leasehold land and a portion of another leasehold land in Pahang, measuring a total of 126.
Elata Vita @ Setia Tropika 90% sold, homebuyers queuing up a day before launch
PETALING JAYA (July 24): S P Setia Bhd’s Elata Vita @ Setia Tropika in Johor Bahru recorded a take-up rate of 90% during its launch last month with homebuyers queuing up a day before the launch day.
UEM Sunrise eyes 50% take-up rate for third project in Melbourne by year-end
UALA LUMPUR (July 21): Property developer UEM Sunrise Bhd has launched its third development in Melbourne, Australia — a luxury residential project with a gross development value (GDV) of RM1.
UOA REIT 2Q rental income slides 15%, declares 2.06 sen DPU
KUALA LUMPUR (July 21): UOA Real Estate Investment Trust (REIT)'s second quarter ended June 30, 2017 (2QFY17) net rental income fell 15% to RM14.
CMMT to embark on various asset enhancement initiatives
CapitaLand Malaysia Mall Trust (July 20, RM1.
Nexgram sued for RM12.5 million over proposed acquisition of 70% stake in Blue Hill
KUALA LUMPUR (July 19): Nexgram Holdings Bhd’s wholly-owned subsidiary, Nexgram Land Sdn Bhd, is being sued by Spacious Glory Sdn Bhd for RM12.
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e-Lelong pilot project to be launched on July 27
PUTRAJAYA (July 18): The pilot project for the country’s online property auction platform e-Lelong for court auctions of immovable properties will be officially launched on July 27.
