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Property

UOB Kay Hian upgrades ‘buy’ call on Mah Sing

UOB Kay Hian has upgraded Mah Sing to Buy from Hold with a higher Target Price (TP) of RM0.65 from RM0.47. Acknowledging the challenges faced...

From retail to rental: Change is inevitable

By Poovenraj Kanagaraj The arrival of the worldwide Covid-19 outbreak has led to several unprecedented changes, across nations, economies and industries, affecting millions in the...

Sunway Property’s digital campaign sees purchasers snap up to RM 200 million worth properties

Sunway Property has announced that purchasers have snapped up to RM 200 million worth of its properties as a result of its digital campaign,...

Work-from-home trend expected to be permanent feature of Asia Pacific office landscape

By Poovenraj Kanagaraj In a special report by CBRE Research, ‘Four Months into Covid-19: The Negatives, The Positives and The Unknowns’, CBRE has pointed out...

PropertyGuru delivers 24% y-o-y revenue growth, recording 4th consecutive year of high growth

PropertyGuru Group (PropertyGuru) has announced its results for the financial year ending Dec 31 2019. Delivering a 24 percent year-on-year growth, the Group has...

S P Setia secures RM 470 million worth sales during 1Q

S P Setia Berhad has announced that the Group had achieved a revenue of RM 702.7 million and profit before tax of RM 104.0...

Pandemic leads to growth in Malaysia’s online residential rental market

By Poovenraj Kanagaraj According to Speedhome, the sales on its rental platform and the acceptance of “contactless viewing” recently launched by the platform has improved. Chief...

Mah Sing partners with Maybank Islamic to offer HouzKEY, a home financing solution

Mah Sing Group Berhad (Mah Sing) today announced its strategic partnership with Maybank Islamic to offer HouzKEY, an inventive home financing solution, which enhances...

Co-living trend may present an opportunity for developers as an untapped market, says Knight Frank Malaysia

By Poovenraj Kanagaraj Knight Frank's Commercial Real Estate Investment Sentiment Survey 2020 report reveals that 58 percent of the respondents to survey are exploring or...

Damansara Realty Berhad appoints Azman Haji Tambi Chik as new GCEO

Damansara Realty Berhad (DBhd) has appointed Azman bin Haji Tambi Chik as its new group chief executive officer (GCEO). The Group said the new appointment took...

PropertyGuru launches dedicated content hubs to aid home seekers during Covid-19 crisis

According to PropertyGuru Malaysia Consumer Sentiment Study H1 2020, nearly 20 percent of Malaysians are renters. “These demographics may struggle to pay rent amid the...

Service apartments overhang continues to increase in Malaysia

By Poovenraj Kanagaraj In a media statement release by the Valuation and Property Services Department Malaysia (JPPH), service apartment overhang in the nation continued to...

Mah Sing’s unconventional marketing methods quite successful, says Credit Suisse

Credit Suisse has upgraded Mah Sing's stock to outperform following a sharp share price correction. In an analyst report, Credit Suisse also consideres Mah Sing's...

KLK proposes to acquire landbank in Sumatera

Kuala Lumpur Kepong Berhad (KLK) has proposed to acquire a 60 percent stake in PT Pinang Witmas Sejati from Ladang Lekir Sdn Bhd for...

IJM Plantations’ operations not affected by MCO, says RHB Retail Research

RHB Retail Research has pointed out that IJM Plantations' (IJMP) operations will not be affected by the current Movement Control Order (MCO). The plantation's Sabah...

Lack lustre property market post Covid-19

Post Covid-19, the difficult business operating environment will put further pressure on the occupancy and rental levels of the office, retail and hotel /...

Bumi lots now available for NY inspired skyscraper, UNA in KL

Award-winning property developer Selangor Dredging Berhad (SDB)’s latest development, the UNA Serviced Apartments located in Cheras and set amidst the backdrop of the Kuala...

Speedhome and KYY Home to provide rent subsidies to affected tenants

Speedhome and KYY Home has come together to aid Malaysian tenants by providing rent subsidies throughout the Covid-19 pandemic. The total subsidy will amount to...

PropertyGuru eases burden on developers with TechCare amid Covid-19 pandemic

PropertyGuru, Asia’s largest property technology company, has launched PropertyGuru TechCare to lessen the challenges faced by property developers in Malaysia due to the impact...

Gamuda Land’s employees safety comes first amidst Covid-19 pandemic

Gamuda Land, one of Malaysia’s leading property developers, is mindful for their people’s safety and as such is taking precautionary measures to improve workplace...