News List

BNM: Financial Institutions' Total Exposures To Domestic Property Mart Amounts To Rm480 Bln At End-2012

KUALA LUMPUR, March 20 (Bernama) -- The total exposures of financial institutions to the domestic property market amounted to about RM480 billion as at end-2012, said Bank Negara Malaysia (BNM).

RHB Research Downgrades IGB REIT To "Neutral"

KUALA LUMPUR, March 15 (Bernama) -- RHB Research has downgraded its call on IGB Real Estate Investment Trust (REIT) to "neutral", with an unchanged RM1.43 fair value due to limited upside on the stock.

TH Properties Eyes RM54.6 Million Sales From Linea Housing Project

KUALA LUMPUR, March 15 (Bernama) -- TH Group of Companies, which recently launched the Linea project at Bandar Enstek in Negeri Sembilan, expects to hit RM54.6 million in total sales value following impressive response at the launch.

HLIB Research Recommends "Hold" Call On SP Setia

KUALA LUMPUR, March 15 (Bernama) -- Hong Leong Investment Bank Research (HLIB Research) has recommended a "hold" call on SP Setia Bhd at a maintained RM3.02 target price.

JKP Allocates RM9 Million To Upgrade Facilities At Housing Projects

GEORGE TOWN, March 14 (Bernama) -- JKP Sdn Bhd (JKP), a government-linked company, has allocated RM9 million to undertake upgrading works at nine housing projects in the state.

Malaysia Still Desirable Location For Property Investment

By Tengku Noor Shamsiah Tengku Abdullah

SINGAPORE, March 12 (Bernama) -- Malaysia will continue to be a desirable location for investors to invest in the property market based on its growth phase of economic development.

Keystone Land Developments Teams Up With Alila Hotels & Resorts

KUALA LUMPUR, March 7 (Bernama) -- New boutique property developer, Keystone Land Developments Sdn Bhd announced a strategic partnership with Alila Hotels & Resorts to manage and operate The Establishment -- a 41-storey mixed-use development comprising 646 luxury serviced suites.

REHDA Targets RZM400 Million Property Sales At MAPEX 2013

PETALING JAYA, March 7 (Bernama) -- The Real Estate and Housing Developers' Association Malaysia (REHDA) targets to sell RM400 million or 10 per cent from the RM3.2 billion worth of properties via its Malaysia Property Expo (MAPEX) 2013.

SP Setia On Track To Achieve RM5.5 Billion Sales Target For FY13

SHAH ALAM, Feb 28 (Bernama) -- Property developer, SP Setia Bhd, is on track to achieve its sales target of RM5.5 billion for financial year ending Oct 31, 2013 after the positive sales for the first quarter.

Dijaya To Unveil Tropicana Gardens Phase 2 On March 10

KUALA LUMPUR, Feb 28 (Bernama) -- Dijaya Corp Bhd will unveil Phase 2 of the serviced residence of Tropicana Gardens on March 10, 2013.

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