Property sector still underowned, says RHB IB
RHB IB said many local institutional funds have yet to take a meaningful position in the property sector.
Genting Singapore may bid for Thailand casino — Maybank IB
Industry magazine Inside Asian Gaming (IAG) said the company would look to form a joint venture for a Thai IR licence, based on its previous exploits in Korea and Japan.
Scientex nixes second attempt to buy Johor land from S P Setia at higher price of RM548 mil
On Friday, Scientex and S P Setia said in a Bursa filings that the deal to purchase the freehold 960-acre land in Tebrau was terminated due to non-fulfilment of the conditions precedent within the extended completion period.
UEM Sunrise's JV for smart-city solutions with TM and Iskandar Investment to be wound up
The JV — Inneonusa Sdn Bhd — is 51%-owned by TM, 39%-owned by UEM and 10% by IIB.
Iskandar Puteri stands a good chance as location for Johor-Singapore special economic zone, says Maybank IB
Maybank IB said Forest City, which has been identified as a special financial zone and a potential high-speed rail (HSR) station in Iskandar Puteri, should continue to attract buying interest in the region.
AmanahRaya REIT completes RM145m sale of Holiday Villa Beach Resort Langkawi to Plenitude
ARREIT said this follows the signing of a sale and purchase agreement with Plenitude's wholly-owned subsidiary Plenitude Gateway Sdn Bhd for the proposed disposal in June last year.
Housing and Local Government Ministry mulls new architectural design competition for future PPRs
Minister Nga Kor Ming: This is very important because we want the PPRs, as well as our markets, to have their own architectural identity.
UEM Sunrise hits highest in nearly six years as it continues to climb amid active trades
It saw over 100 million shares traded, indicating investors' avid interest in the company due to its huge land bank in Johor, which is seen as a hotspot for the property sector due to upcoming high-value transit developments such as the Johor-Bahru Singapore Rapid Transit System and the formation of the Johor-Singapore Special Economic Zone (SEZ) in the state.
KPKT 2023 Report Card
Aside from the completion of a number of housing projects for the rakyat, KPKT also introduced a number of guidelines for urban planning and sustainable developments in our cities that will be set in motion over the next few years.
Penang CM sues tycoon Tan Kok Ping over state land sale remarks
In a brief Facebook statement on Thursday, Penang Chief Minister Chow Kon Yeow said that Tan Sri Tan Kok Ping had used his capacity as the Penang Chinese Chamber of Commerce's life honorary president to have a press conference on an agreement for a proposed development project between Penang Development Corp (PDC) and Umech Land Sdn Bhd.
