News List

Berjaya Land wins development project in Myanmar

KUALA LUMPUR, Sept 3 -- Berjaya Land Bhd has won a contract for a proposed development project in Yangon, Myanmar, which has an estimated gross development value of approximately RM2.63 billion.

Sime Darby Property to dispose of non-core lands in Kedah

KUALA LUMPUR, Aug 29  -- Sime Darby Property Bhd is looking to continue with its asset monetisation initiatives moving forward, with the aim of disposing of its non-core lands in Kedah measuring approximately 526.09 hectares in the next two years.

Affordable housing a shared responsibility, says BNM Governor

KUALA LUMPUR, Aug 29 -- Decent affordable housing is fundamental to the health and well-being of people, and to the smooth functioning of economies. Yet around the world, in developing and advanced economies alike, cities are struggling to meet that need.

Higher demand, sales to drive Hua Yang to the black in FY20

KUALA LUMPUR, Aug 28 (Bernama) -- Property developer, Hua Yang Bhd is optimistic of returning to the black in the current financial year ended March 31, 2020 (FY20), backed by improved market demand and higher sales.

LPM, Home Spectrum to build affordable houses in Melaka Pindah

MELAKA, Aug 28 (Bernama) -- The state government through the Melaka Housing Board (LPM) with the cooperation of housing developer, Home Spectrum Sdn Bhd (HSSB), will develop affordable housing under the Affordable Housing Scheme (RMM) in Melaka Pindah here in two years.

Selangor Dredging seeks to clear unsold property inventory

Selangor Dredging Bhd is looking to clear its unsold property inventory at all completed development projects in Malaysia and Singapore, amounting to RM111 million in the current financial year ending March 31, 2020.

Apply for permits till Aug 31 or face stern action, Pantai Resort operators told

SEREMBAN, Aug 26 (Bernama) -- Resorts operators in Pantai Hills, Pantai here, who have yet to apply for an operating permit to the Nilai Municipal Council (MPN) have been given until Aug 31, to do so, or face stern action by the state government.

Demand for serviced residences gains momentum in H1 2019

KUALA LUMPUR, Aug 23 -- The demand for serviced residences is slowly gaining ground, posting a significant growth of 14.7 per cent year-on-year in the first half of this year (H1 2019), according to iProperty.com.my H1 2019 Portal Demand Analytics.

Housing installments for affordable homes expected to go down by 20 per cent

PUTRAJAYA, Aug 22 -- The monthly installment payment for borrowers under the Affordable Housing Fund is expected to be reduced by 20 per cent.

Matrix Concepts confident of further growth amid challenges in property sector

SEREMBAN, Aug 21 -- Matrix Concepts Holdings Bhd, which saw its revenue surpass RM1 billion for the first time in the last financial year, is optimistic that its growth trend will continue in the current year despite the challenges in the property sector.