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KUALA LUMPUR: As Malaysia seeks to move beyond the excesses associated with nearly a decade of rule under ex-prime minister Najib Razak, one of his pet projects continues to rise irreversibly skyward to become the tallest building in Southeast Asia.
MUMBAI/BENGALURU: India's Fortis Healthcare Ltd has received as many as five offers for control of its private hospital business, but suitors have so far held back from making bold bids for the group as it faces rising debt and a regulatory probe.
WITH the current property market glut, it will not come as a surprise to observe investors holding on... taking a step back... and planning their next move.
PETALING JAYA: Wealthy Malaysian investors are shifting their money to safe-haven assets such as bonds and gold from property in light of a more cautious market and the upcoming general election.
HONG KONG: MGM Resorts International’s debut of its US$3.4bil property is the latest bet on the world’s biggest casino hub, as licensing bids and China’s proposal to allow gambling on a nearby island cast uncertainties over Macau’s future.
KUALA LUMPUR: The overall property market performance is expected to remain lacklustre going into 1H2018, continuing from the weak conditions in the second half of last year, says Knight Frank Malaysia.
PETALING JAYA: The Government has decided to maintain the stamp duty for property transactions valued at RM1mil and above at 3% instead of the 4% announced under Budget 2018 in a move seen as supporting the moribund property market.