BEIJING: Chinese property giant Country Garden has won approval to extend repayments on a key local bond, a report said Tuesday, as the deeply indebted developer battles to avoid a potentially catastrophic default.

Kota Kinabalu: At the recent Shareda’s PropEx 2023 property talk, the audience was told of the “Compelling Reasons for Investing in UK Property” presented by Chris Tan and Yudhi Mapara of SiiX Real Estate Pty Ltd of Melbourne, Australia.

KAJANG: Malaysia’s real estate market recorded a stable performance in the first half of 2023 (1H 2023), with the value of transactions increasing by 1.1 per cent to RM85.37 billion from RM84.40 billion in 1H 2022.

Kota Kinabalu: When PropNex, a Sabah real estate agency won the “Industrial Real Estate Firm of the Year” organised by the Malaysian Institute of Estate Agents (MIEA) in April, it shows that the property market for industrial property is vibrant as more investors set up shops.

Kota Kinabalu: Syarikat Jaminan Kredit Perumahan Berhad (SJKP) was set up by the Federal Government to enable those qualified in informal sector like gig workers and self-employed aged 18 and above to own their first homes with maximum financing amount up to RM500,000.

HONG KONG: Shares in battered developers rocketed in Hong Kong on Wednesday on investor bets that Beijing will follow up recent pledges to boost the real estate sector with more measures.

BEIJING: Struggling Chinese developer Country Garden has made multi-million-dollar interest payments on two outstanding loans, reports said Tuesday, narrowly avoiding what would have been its first default.

Kota Kinabalu: ROS-registered Persatuan Kebajikan Pembeli Projek PacifiCity since August 13, 2020, or PacifiCity Project Purchasers Welfare Association (P3WA), called on all purchasers of the project mall retail lots, offices and Pacific Heights condominiums to register with it to represent their interests as the developer firm is “uncontactable”.

Kota Kinabalu: The four-day 2023 Property Expo (PropEX23) organised by Sabah Housing and Real Estate Developers Association (Shareda) at Sabah International Convention Centre (SICC) ended with over RM300 million in transactions, Sunday.

PETALING JAYA: Hong Leong Investment Bank (HLIB) has upgraded construction and property group Malaysian Resources Corporation Bhd (MRCB) to a “buy” from its previous “hold” call with a target price (TP) of 55 sen from 34 sen previously.