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THE economy moves forward in cycles. It is a truism that what goes up must sooner or later come down. But what comes down will also, eventually, go up again.
Source: The Star Online
Advance Synergy Bhd, which manages 17 hotels and resorts, plans to increase the number of such properties as it seeks to make this segment the core business, executive chairman Datuk Ahmad Sebi Bakar said.
Source: The Star Online
MALAYSIANS have decided to put on hold their plans to purchase big ticket items like properties and cars, says ECM Libra research. Year-on-year growth of loans approved by banks for the purchase of residential property has dropped from 32.9% in July to a 17-month low of 8.1% in August, it says.
Source: The Star Online
IN 1991, FD Iskandar Mohamed Mansor, then in his 20s, joined property development company Glomac Bhd. Six years later he learnt some crucial lessons during the Asian economic crisis of 1997.
Source: The Star Online
Mutiara Goodyear Development Bhd plans to launch about RM1bil worth of projects next year despite the poor economic outlook, said chief executive officer Kee Cheng Teik.
Source: The Star Online
The task of putting together an exhibition of property developers falls on one shoulder, S.Y. Moey, the project director of Exhibition Guide.
Source: The Star Online
IOI Properties (S) Pte Ltd (IOIP), a wholly-owned unit of IOI Properties Bhd, is looking to launch its maiden upmarket condominium project in Singapore??s Sentosa Cove next year when market sentiment in the city-state improves.
Source: The Star Online
Across the country, thousands of renters have become innocent victims of the mortgage crisis: They have been forced to move because the owner of the property was in foreclosure.
Source: The Star Online
PENANG Chief Minister Lim Guan Eng is leading a delegation to the United Arab Emirates (UAE) to woo Middle Eastern investors to the state.
Source: The Star Online
Malaysian developer AP Land Bhd has launched its first venture in China with a commercial development in Changsu province??s special economic zone.
Source: The Star Online
A proposed new township in Batu Kawa here is in line with the Sarawak government??s policy to decentralise the development of Kuching, said Second Minister of Planning and Resouce Management Datuk Awang Tengah Ali Hasan.
Source: The Star Online
SBC Corp Bhd aims to launch two mixed development projects with an estimated total gross development value (GDV) of RM800mil by next year in southern Selangor and along Jalan Kuching, Kuala Lumpur.
Source: The Star Online
Sunway City Bhd??s real estate investment trusts (REITS) are expected to be delayed again this year due to current weak market sentiments and cautious property sector outlook, says a local research house.
Source: The Star Online
Analysts are mixed on whether UEM Builders Bhd, one of three contractors for the second Penang bridge, would accept a RM1.3bil contract as its share of the construction works of the bridge, which is estimated to cost RM4.3bil in total.
Source: The Star Online
The three-day Star Property and Home Fair 2008 got off to a rousing start yesterday with visitors converging at the Penang International Sports Arena (PISA) to check out the best bargains.
Source: The Star Online
The outlook on margins for property players is becoming more favourable given that prices of key raw materials appear to be on a down trend.
Source: The Star Online
A large crowd made a beeline for The Star Property & Home Fair 2008 on the final day Sunday to grab attractive offers.
Source: The Star Online
The property market in the country may not be sustainable for long due to the possibility of an increase in the base lending interest rates.
Source: The Star Online
"Don't try to cheat us into paying higher price for a property simply because we are foreigners," says Australian Pat Jones.
Source: The Star Online
Selangor Dredging Bhd (SDB) will be more cautious in launching property projects due to uncertainties in the market, says chairman Eddy Chieng. |
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