What ails the Malaysian property sector

Tong's Portfolio

What ails the Malaysian property sector

(July 3): Owning a home is a dream of most Malaysians but, for many, it remains elusive. Loan approvals for residential mortgages have been weak since 2015 (see Chart 1).


Ascott achieves 139% y-o-y growth with contracts secured for record 25 new properties globally amid pandemic

SINGAPORE (June 17): 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 t


KKR, Temasek takes 6% stake in Vinhomes for US$650 mil

HANOI (June 16): A KKR-led consortium of investors, which includes Temasek Holdings, have invested VND15.1 trillion, or US$650 million for a 6% stake into Vietnam’s largest developer Vinhomes.

Global review

Residential property prices supported by QE, low interest rates, shrinking supply, says RHB

SINGAPORE (June 12): The Singapore residential property market is probably a lot more resilient during Covid-19 than it was either during the Asian Financial Crisis (AFC), SARS or the Global Financ


Pan Hong's FY20 earnings surge 107.4% to $22.5 mil on higher revenue and lower finance costs

SINGAPORE (May 28): Property developer Pan Hong Holdings reported a surge in earnings to RMB 113.6 million (S$22.5 million) for FY20 ended March, a 107.4% increase from RMB 54.8 million in FY19.

Singapore's property glut could take years to clear


Singapore's property glut could take years to clear

(Dec 9): Singapore has a property glut that could take years to clear, threatening to kill a nascent price recovery amid an already uncertain economic outlook.

Singapore economy

Property and banking sectors stable amid economic slowdown, but concerns remain, says MAS

SINGAPORE (Dec 2): The Financial Stability Review (FSR) released by the Monetary Authority of Singapore on Nov 28 highlights the risk of an economic slowdown, but this has not caused systemic probl

Investing ideas

Further upside to property-related companies on the way, says KGI

SINGAPORE (Oct 21): In September, new home sales reached the highest monthly sales since July 2018, when the latest round of property cooling measures came into effect.


Top Global to acquire 43 units in Thong Teck Building for $170 mil

SINGAPORE (Sept 2): Top Global, the property developer and hospitality and facility manager, will acquire 23 freehold commercial strata-titled lots with 43 property addresses in Thong Teck Building

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