Welcome to Bernama Property News Update, the main source for latest information on the property industry. Be the first to know whats going on the industry...

News

KUALA LUMPUR, July 15 (Bernama) -- Berjaya Land Bhd (BLand), through wholly-owned subsidiary Berjaya Property Ireland Limited (BPIL), has proposed to acquire a 75 per cent stake in hotel operator Icelandair Hotels ehf for US$53.63 million (about RM220 million).

ISKANDAR PUTERI, July 7  (Bernama) -- Eighty-eight housing developers in Johor had been imposed penalties between 2016 and 2018 for failing to complete the state’s affordable housing projects Rumah Mampu Biaya Johor (RMBJ).

SEREMBAN, July 4 (Bernama) -- Seventy per cent of the houses at IJM Land Bhd's residential project at Seremban 2, Rimbun Alam, have been taken up.

KUALA LUMPUR, July 4 (Bernama) -- Hankyu Hanshin Properties Corp is entering the overseas commercial real estate leasing business with partial acquisition of two properties in Indonesia. 

ISKANDAR PUTERI, July 2 (Bernama) -- The Johor State Assembly Sitting today was told there are 51,459 units of unsold properties in the state with an estimated value of  RM36.75 billion as of the first quarter of this year.