Affordable housing and the emergence of a new norm
IT is safe to say that private developers have been subdued post-Budget 2017.
Manulife US REIT reports maiden DPU of 2.01 US cents, exceeds IPO profit forecast by 5.8%
SINGAPORE (Nov 7): Manulife US Real Estate Management, the manager of newly-listed Manulife US REIT, posted a distribution per unit DPU of 2.
Nusmetro to launch duplex serviced apartments at KL Metropolis
KUALA LUMPUR: Property developer Nusmetro Group is set to launch 134 units of duplex serviced apartments at its Arte Mont’Kiara project located at Persiaran Dutamas, Kuala Lumpur sometime this month, its joint managing director, Thomas Chan told TheEdgeProperty.
LBS Bina on track towards achieving RM1.2 bil sales target by Dec
KUALA LUMPUR (Nov 4): Property developer LBS Bina Group Bhd is confident of achieving its sales target of RM1.
Retirement housing lacking in the UK
PETALING JAYA (Nov 4): The stock of private retirement housing accounts for just 0.
Malaysia may see investment from prominent China developer
BEIJING (Nov 3): Malaysia has attracted growing investment interest from major China companies, among which is the giant real estate developer, China Fortune Land Development Co Ltd (CFLD), Bernama reported today.
Build 30% affordable housing instead of low cost, property expert urges government
KUALA LUMPUR (Nov 1): A property investment consultant has suggested that the government consider imposing a 30% affordable housing quota in every residential development project instead of low-cost housing, Bernama reported today.
Housing ministry working to standardise land costs, low-cost quotas between states
KUALA LUMPUR (Nov 1): The Ministry of Urban Wellbeing, Housing and Local Government said it is working on a paper to be submitted to the National Housing Department (JPN) for the standardisation of land costs and the quota for low-cost housing, which differs between the different states in the country.
Is Starhill Global REIT still as bright?
SINGAPORE (Nov 1): DBS Vickers Securities is maintaining its “buy” call on Starhill Global REIT (SGREIT) with an unchanged target price of 87 Singaporean cents, while CIMB Securities is reiterating its “hold” call on the REIT, lowering its target price from 86 cents previously to 81 cents.
Here’s where to find shelter amid property gloom in Singapore
SINGAPORE (Nov 1): The slowdown continues for Singapore’s property developers and real estate investment trusts (REITs), according to 3Q16 data by the Urban Redevelopment Authority (URA).
