Sime Darby Property issues RM600m sukuk under RM4.5b programme
The rating of the sukuk programme of AA +IS has been affirmed by MARC Ratings Bhd with a stable outlook, the group said.
Increased optimism for 1H2024, despite neutral outlook for the rest of 2H2023 by developers — Rehda
Having emerged from the pandemic a year ago with everything continuing to normalise and getting better, and with elections out of the way, developers are optimistic about the next year.
Rehda suggests banks consider cross-subsidising housing loans to B40 community
Datuk NK Tong: Just as developers have cross-subsidised affordable housing, perhaps financial institutions can be encouraged to look at cross subsidies to help finance affordable housing or set up a special fund or quota to give home loans to borrowers in lower income categories (B40 group).
Rehda survey shows property market gradually returning to normalcy
While developers are currently maintaining a neutral view on the business, economic and property industry outlook for the coming year, there is increased optimism anticipated for 1H2024.
Vincent Tan obtains temporary restraining order against Kedah MB
Tan Sri Vincent Tan’s counsel Chuar Kia Lin confirmed with The Edge that the Shah Alam High Court allowed the ex-parte injunction application earlier on Thursday (Aug 17).
LFE Corp teams up with landowner to jointly develop housing project in Kedah
In a bourse filing, the group said its 60%-owned subsidiary LFE Development Sdn Bhd (LDSB) inked the joint venture agreement (JVA) with the owner of the land, Aziho Trading Sdn Bhd (ATSB), for the development of the project known as Taman Residensi Mesra Phase Four.
First phase of IJM Land’s Nexus in Seremban 2 township 80% taken up
Phase one will consist of 166 shops, with 147 units being two-storey shop offices and the remaining 19 units shop office units with sub-basement car parks.
UEM Sunrise unit buys 1.22-acre Perth land for RM66m to build apartments
The group has been actively looking into investing in Perth for some time due to the city’s strong fundamentals underpinning the economy, a lower housing entry point and some of the best prospects for capital gains in Australia.
Axteria proposes yet another private placement to fund property development
In the latest private placement exercise, the large bulk of the proceeds raised (RM9.
Berjaya Land appoints Abang Jo's son as independent director
Abang Abdillah Izzarim Abang Abdul Rahman Zohari, 45, is the son of Sarawak Premier Tan Sri Abang Abdul Rahman Zohari Abang Openg, more popularly known as Abang Johari or Abang Jo.
