KUALA LUMPUR: Malayan Banking Bhd is lowering the interest rates for loans and savings by 20 basis points with effect from Friday.It said the base rate (BR) will belowered by 20 basis points from 3.20% per annum to 3% per annum while its base lending rate (BLR) will also be revised from 6.85% to...

BY RISEN JAYASEELAN and P. ARUNA“Allowing M-REITs to undertake redevelopment of their old properties will enable them to enhance the property yield for the benefit of unit holders. “Similarly, allowing M-REITs to acquire vacant land for purposes of developing new properties will enable them...

Preparing for the transformation of Greater Kuala Lumpur in a prudent manner.By Mak Kum ShiInterview Ekovest Datuk Seri KC for SBW. 11 May 2016 chan tak kong/ the starEkovest Bhd managing director Datuk Seri Lim Keng Cheng shared that the company is currently expanding its infrastructure assets. It...

By Mak Kum Shi & Viknesh Ashley ClarenceThe convergence of various connectivity infrastructure developments at I-Bhd’s i-City is set to benefit residents of this Shah Alam township.I -CITY is set to become a leading township at Western Klang Valley, by virtue of it being a transit oriented...

Iskandar Malaysia’s international appeal attracts overseas buyers.The StarProperty.my Fair held last year at Johor attracts 10,000 visitors daily.By Lee Yan LiWhile the housing market has gone soft in face of stringent financing policies and unfavourable economic climate, the Iskandar Malaysia...

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...