Share Non-Landed Home Prices Down 0.6% By Kim Wong / a couple of years ago Prices of completed non-landed private homes dipped 0.6 percent in November 2015 compared to a 0.1 percent increase in the previous month, revealed flash estimates of the NUS Singapore Residential Price Index (SRPI). Excluding small units, prices in the central region fell 0.8 percent last month after rising 0.5 percent in October. In the non-central […]
Share Malaysia’s Property Market In 2016: What To Expect & Predictions By Kim Wong / a couple of years ago Last year saw property buyers and aspiring house owners being plagued with negative sentiments especially with the falling Ringgit. As we start the new year, the top-most question on everyone’s mind – where is the property market heading? iProperty.com consulted some industry experts and developers to learn what the property industry has in store for […]
Share Ewein Bhd To Buy Land In Penang For RM162 Million By Kim Wong / a couple of years ago PETALING JAYA, Dec 29: Property company Ewein Bhd’s unit Ewein Zenith II Sdn Bhd has inked a sale and purchase agreement (SPA) with Consortium Zenith BUCG Sdn Bhd (CZBUCG) to buy 4.42 ha of land in Penang for RM162 million. Ewein Zenith II is a 60%-owned subsidiary of Ewein Land Sdn Bhd, a wholly-owned subsidiary of […]
Share 2016 Will We Tough For Malaysian Market, Says Eastspring Investments By Kim Wong / a couple of years ago KUALA LUMPUR, Dec 28: The Malaysian market is expected to remain tough next year as corporate earnings remain weak, said Eastspring Investments Bhd general manager of investment services Yvonne Tan. “Corporate earnings forecast in the beginning of the year were about high single-digit growth. As of now, market is actually looking at a negative growth of […]
Share Residents Near Penang Land Reclamation Project Fear The Worst By Kim Wong / a couple of years ago GEORGE TOWN (Dec 29): There are mixed feelings among Penang folk about land reclamation, especially the latest plan to create man-made islands off the southern coast of the island to finance the RM27 billion Penang Transport Master Plan (PTMP). Fishermen in the area are unhappy with the proposal by SRS Consortium Sdn Bhd to reclaim […]
Share Kota Kemuning, Sungai Buloh and Bandar Tun Hussein Onn: Thriving Townships of Tomorrow By Kim Wong / a couple of years ago Urban centres situated in the outlying areas of Kuala Lumpur have seen an increasing demand for residential and commercial developments brought on by the influx of a growing urban population. Kuala Lumpur has a population of almost 2 million people but less than 200,000 live in the city centre due to its high costs. With […]
Share Selangor Properties Bhd’s Q4 Net Profit Jumps To RM484 Million By Kim Wong / a couple of years ago PETALING JAYA, Dec 29: Selangor Properties Bhd’s net profit surged more than 16-fold to RM483.82 million for the fourth quarter ended Oct 31, 2015, compared with RM29.51 million in the previous corresponding period, mainly due to foreign exchange gain, and fair value gain on the revaluation of properties of RM17.2 million. Its revenue was up 3.09% […]
Share Pavilion REIT To See 3-4% Retail Growth In 2015 By Kim Wong / a couple of years ago KUALA LUMPUR: Pavilion Real Estate Investment Trust (REIT) could see a growth in retail spending of between 3% and 4% for 2015, said Affin Hwang Capital Research. This is backed by anticipation of a robust fourth quarter, given the year-end festive season. The research house observed robust year-end shopper traffic at Pavilion KL mall, although […]
