KUALA LUMPUR (Nov 30): Boustead Holdings Bhd's net profit gained sevenfold in its third quarter of the financial year 2016 (FY16) due to a gain on disposal of Jendela Hikmat Sdn Bhd and sale of lands.
KUALA LUMPUR (Nov 29): Developers will be able to be able to retrieve 80% of the 3% developer's deposit after the Certification of Completion (CCC) is obtained while the remaining 20% will be returned after the defects and liability period effective from Nov 11, said Minister of Urban Wellbeing, Housing and Local Government, Tan Sri Noh Omar (pictured) at the Real Estate and Housing Developers’ Association (Rehda) annual dinner tonight.
SINGAPORE (Nov 29): The Singapore Central Business District has just seen its fourth major office transaction in 2016, after CLSA Capital Partners acquired 77 Robinson Road for S$531 million (RM1.
KUALA LUMPUR (Nov 28): Mulpha International Bhd said it is in discussions to acquire the Novotel Brisbane Hotel but has not inked any legally-binding contract for the purchase.
SINGAPORE (Nov 24): The Ascott Limited, CapitaLand’s serviced residence unit, has launched a new co-living hospitality concept brand Lyf, pronounced ‘life'.
THE Penang housing market is maturing, says Michael Geh, director at Raine & Horne International Zaki + Partners.
SINGAPORE (Nov 23): RHB Singapore is initiating coverage on Manulife US REIT with a "buy” recommendation with a target price of 96 US cents (S$1.
Just like how retailers offer discounts to keep sales up during a slow period, developers also have a few tricks up their sleeves to sell their properties amidst the current unfavourable economic climate.
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