News List

Berjaya Land proposes to take control of hotel operator in Iceland

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).

88 developers penalised for failing to complete affordable housing projects

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).

IJM Land's Rimbun Alam houses are 70 pct sold

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.

Hankyu Hanshin Properties penetrates Indonesia, buys stake in landmark buildings

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. 

More than 51,000 units of property in Johor unsold as of Q1 2019

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.

Govt’s one million affordable houses in 10 years target achievable - REHDA

PETALING JAYA, July 2 (Bernama) -- The government’s aim to build one million units of affordable houses in ten years is achievable, said the Real Estate and Housing Developers' Association Malaysia (REHDA).

Sunway, PKNS to undertake RM544 mln development in Kota Damansara

KUALA LUMPUR,  July 1 (Bernama) -- Sunway PKNS Sdn Bhd, a 60:40 joint-venture between Sunway Bhd and the Selangor State Development Corporation (PKNS), will develop a mixed development project in Kota Damansara, Selangor, with a gross development value (GDV) of RM544 million.

Seremban Prima to host HOC & Mapex 2019

SEREMBAN, June 24 (Bernama) -- The Negeri Sembilan branch of the Real Estate and Housing Developers' Association (Rehda) will hold the Malaysia Property Expo (Mapex) and Home Ownership Campaign (HOC) from June 28 to 30 at Seremban Prima here.

Housing Ministry asks for land from Sarawak govt to build affordable houses

SIBU, June 23 (Bernama) -- The Housing and Local Government Ministry (KPKT) calls on the Sarawak government to allocate suitable land to the ministry to build more affordable houses in the state.

Aspen Group acquires 29.05 acres of freehold land in Paya Terubong

BATU KAWAN, June 22 (Bernama) -- Aspen Group, through its subsidiary Aspen Park Hills Sdn Bhd, has acquired 29.05 acres (11.62 hectares) of land in Paya Terubong from Geo Valley Sdn Bhd to be developed into mixed-residential development.