Mixed bag of results for global property markets
The year has been a mixed bag for the global property markets; some have performed fairly well while some, like in Malaysia, are wishing for better days ahead.
The year has been a mixed bag for the global property markets; some have performed fairly well while some, like in Malaysia, are wishing for better days ahead.
The unexpected results came amid contribution from better priced properties such as commercial properties.
Compared with peers, management of YTL REIT could at any time inject mature properties under the stable of YTL Hotels & Properties Sdn Bhd (the hospitality arm of YTL Corp Bhd) into YTL REIT.
The House Price Index (HPI) grew by 5.3% year-on-year (y-o-y) to 235.4 in the second quarter of calendar year 2016 (2Q16), which is significantly lower than the five-year average growth of 9.3%.
After assuming the role of Lendlease CEO for Asia in May, Tony Lombardo moved to Singapore. His home for now is in the prime District 9 neighbourhood of Cairnhill, a short distance from 313 @ Somerset — incidentally, a shopping mall developed by Lendlease. Linked underground to the Somerset MRT station, the mall has seen strong footfall since it opened in December 2009, says Lombardo, adding, “I visit 313 quite frequently”.
The interview with Eco World Development Group Bhd president and CEO Datuk Chang Khim Wah and divisional general manager Datuk Hoe Mee Ling was held in the sales gallery — two factory lots combined — in EcoWorld’s Eco Business Park I (EPB I) in Tebrau, Johor.
There was a time when old shophouses in some small towns in suburban areas were turned into swiftlet houses to reap the lucrative returns on edible bird’s nest.
Rats are known to spread horrible diseases. The prevalent and deadly disease spread by rats in Malaysia is leptospirosis, say Rentokil Initial Malaysia managing director Carol Lam and technical director Juliana Soo.
A signature serves as a universally recognised symbol of proof of agreement. It seals the deal in many agreements and contracts and makes them legally binding. Like in any contracts, one should scrutinise loan documents before signing them.
Land is a limited resource, simple as that, and considering that fact alone, we can assume that land values will grow over time especially in land-scarce urban areas.