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Property
Hong Leong Asia subsidiary disposes China asset for $28.3 mil
Shares in Hong Leong Asia closed 1.5 cents lower, or 3.2% down, at 45.5 cents on September 30.
September 30, 2020
Property
Yanlord announces over 75% y-o-y increase in precontracted sales in August
Yanlord Land Group has announced a 75.6% y-o-y increase in pre-contracted sales to approximately RMB12.03 billion ($2.40 billion) in August.
September 08, 2020
Results
APAC Realty reports 52% jump in earnings for 1HFY20
The company believes that the negative impact of the Covid-19 outbreak on the Singapore property market will be relatively short-lived.
August 13, 2020
New appointments
Guocoland appoints former Singhaiyi Deputy CEO Sim Chee Wah as Group CFO
Guocoland Limited has announced the appointment of Sim Chee Wah as its new Group CFO.
August 11, 2020
Results
SLB Development reverses out of the red to earnings of $10.8 mil for FY20
SLB Development, the development spin-off from Lian Beng Group, has posted earnings of $10.8 million for FY20 ended May 31, swinging out from losses of $5.0 million a year ago.
July 29, 2020
Malaysia
Case study 4: Boost home affordability with a more efficient property ecosystem
Owning a home is the aspiration of every Malaysian. But the relentless rise in home prices, which has far outpaced income growth, is increasingly putting home ownership beyond the means of the average person or sending households into unsustainable indebt
July 24, 2020
Investing 101
REITs vs Property: Which is a better way to invest?
Whether it’s receiving regular rental income or dividends, if you’re dreaming of enjoying returns on property, there’s more than one way to do so.
July 22, 2020
Tong's Portfolio
What ails the Malaysian property sector
Why are many Malaysians finding homes beyond their reach, despite low interest rates?
July 03, 2020
Property
Ascott achieves 139% y-o-y growth with contracts secured for record 25 new properties globally amid pandemic
CapitaLand’s wholly-owned lodging business unit The Ascott Limited announced that it has secured contracts for 25 new properties with over 5,400 units across 19 cities around the world on Wednesday.
June 17, 2020
Property
KKR, Temasek takes 6% stake in Vinhomes for US$650 mil
Vinhomes, listed on the Ho Chi Minh Stock Exchange, has a real estate portfolio across residential, commercial and industrial sectors.
June 16, 2020