HK apartment project on site 'smaller than a basketball court'
Rykadan acquired the 2,920 sq ft site at 7 Kwun Chung Street from the authorities for HK$194 million more than three years ago after beating numerous bidders.
A 3-room house for RM20,000!? No, we are not joking
The rising price of homes is one of the biggest complaints of Malaysians, especially for city folk. Many are saying that they cannot afford most of the homes for sale out there, and we are not even talking about location and quality yet.
Right time for Tiong Nam to go for warehouse REIT listing
We opine that it is now an opportune time for Tiong Nam to go warehouse real estate investment trust (REIT) listing given the renewed interest in high dividend stocks.
UEMS, E&O earnings below expectations
Out of eight property developers under our coverage, two (UEM Sunrise Bhd [UEMS] and Eastern & Oriental Bhd [E&O]) reported earnings below expectations.
Accents: Getting graphic
Function does not need to be at the expense of style. Get bold and add a touch of panache to your décor.
Infinity pool glass panels at Singapore condo crashes
No one was reported to be injured in the 2.30pm incident, although witnesses were shocked by the commotion caused by the falling glass panels.
UDA to launch RM1.8b worth of projects on Penang’s mainland in 2H2016
The two projects are Gravitas, a mixed-use development with a GDV of RM1.1 billion; and Crescent Dew, a luxury residential development with a resort concept that has a GDV of RM700 million.
Developers of affordable housing may ride downturn better
Developers with a chunk of their sales in affordable housing are expected to weather the storm much better than those with high-end products, say analysts and real estate consultants.
PROPERTY SNAPSHOT 4: What’s hot in Subang/Ara Damansara?
Rental yields are higher in Subang than in Ara Damansara, due to the lower capital bases and generally smaller unit sizes found at the apartments and low-cost flats in Subang.
PROPERTY SNAPSHOT 3: What are developments priced in Subang/Ara Damansara?
The property market in Ara Damansara has benefitted from its proximity to the established neighbourhoods of Kelana Jaya and Petaling Jaya while the property market in Subang has stagnated.
