LONDON: Bank of England (BoE) financial-stability officials were warned a week before asset managers halted redemptions at UK property funds that higher levels of outflows following the Brexit vote could force firms to freeze assets.Open-ended property funds had seen increased redemption pressures...

BY THEAN LEE CHENG Retirement Fund Inc or KWAP said it’s not exiting the UK market due to any concerns over Brexit. “We have a hedging policy and less than 2% of our funds are in the UK property market. So, the currency impact is minimal to us for now,” said KWAP CEO Datuk Wan Kamaruzaman...

Crowdfunding is a relatively new development in the Malaysian real estate industry but it has the potential to disrupt traditional ways of financing for the industry.Rehda Institute’s real estate & property development business seminar on crowdfunding is expected to examine how crowdfunding will...

BY HUGO MARTIN For many travellers, home-sharing is becoming an attractive alternative to traditional hotels as it offers many different options, and some might even include a furry housemate! Photo: Wikimedia Commons Tired of “sterile hotels”, Brooklyn resident Kelly Dwyer turned to...

BY TEE LIN SAYBrexit, stamp duty regulations combine to take out property stocksA combination of the new stamp duty regulations introduced on April 1, along with the aftermath of Brexit, have caused United Kingdom’s (UK) biggest property stocks to fall by a double digit quantum on a year to date...

Passengers boarding a bus on the BRT Sunway system TWO companies under Sunway Group made the FTSE4Good Bursa Malaysia Index in 2016 out of the 39 constituents that made the list this year.Sunway Bhd and Sunway REIT have been officially acknowledged as socially responsible investment communities by...

PETALING JAYA: Standard Chartered Global Research expects Bank Negara to maintain its overnight policy rate (OPR) unchanged at 3.25% and cut rates only in September.“Our long-held view had been for the central bank to ease policy rates this year. However, following the largely neutral tone of the...

By Lee Yan LiThe StarProperty.my team members doing their bit for Mother Nature.A small plant in a home makes a BIG difference.To promote sustainable living, StarProperty.my will be giving away 1,100 edible and ornamental plants in the upcoming StarProperty.my fairs held at NU Sentral, Publika Mall...

BY STUART MICHAELResidents looking at the cleared area near Block C where the proposed shoplots will be built.  RESIDENTS living near the Selayang Makmur apartment are furious with Selayang Municipal Council (MPS) for not taking action against the apartment’s Joint Management Body (JMB),...

BY STEPHANIE LEEEnvironmentalists are trying to stop a development project from taking place on Tanjung Aru beach in Kota Kinabalu . — filepicKOTA KINABALU: The government is resolute in its decision to turn the Tanjung Aru public beach and park into a 348ha eco-friendly integrated waterfront...