News List

Myhome scheme fails to meet full objective - audit report

KUALA LUMPUR, Dec 2  -- The implementation of the Private Affordable Ownership Housing Scheme (MyHome) did not achieve its full objective despite being managed efficiently.

Tropicana eyes new launches worth RM3 bln GDV in FY20

KUALA LUMPUR, Nov 28  -- Tropicana Corporation Bhd will continue to focus on delivering long-term value to its stakeholders by targeting new launches with a gross development value (GDV) of RM3 billion in the financial year ending Dec 31, 2020 (FY20).

Government improves e-Lelong system

KUALA LUMPUR, Nov 28 -- The government is improving the e-Lelong System infrastructure to ensure the structure runs smoothly before it is implemented comprehensively at the 12 High Courts in peninsula Malaysia next year.

Armani Media launches Malaysia's top 100 property developer brand

KUALA LUMPUR, Nov 28 -- Armani Media Sdn Bhd has launched "Malaysia's Top 100 Property Developer Brand", a ranking of top property developers in Malaysia which offers future property owners a clearer insight on properties.

Mah Sing registers RM1.13 bln sales in Jan-Sept 2019

KUALA LUMPUR, Nov 27 -- Mah Sing Group Bhd  is on track to achieve its RM1.5 billion sales target for this year, having achieved RM1.13 billion in sales in the nine-month period ended Sept 30, 2019.

UDA to take four years to complete Kampung Mutiara housing project

GEORGE TOWN, Nov 26 -- Property development and asset management company UDA Holdings Bhd (UDA) will take four years to build a housing project, comprising low-cost, affordable and medium-cost residential units in Kampung Mutiara in Batu Ferringhi near here.

Federal Court rules housing controller has no power to grant EOT to developers

PUTRAJAYA, Nov 26  -- The Federal Court here today ruled that the housing controller has no power to grant an extension of time (EOT) to developers to complete their property development projects.

Government mulls proposal to set up housing loan bank

KUALA LUMPUR, Nov 26 -- The government is considering a proposal to set up a special bank to ease the process of loans application for affordable and low-cost housing, the Dewan Rakyat was told today.

More than 3,100 applications for BNM's affordable homes fund approved - Lim

KUALA LUMPUR, Nov 26 -- More than 3,100 applications for Bank Negara Malaysia’s (BNM) Fund for Affordable Homes have been approved as of Oct 31, with funds totalling RM596 million, said Finance Minister Lim Guan Eng.

Residential project: Core Precious Development eyes full take-up by 2022

KUALA LUMPUR, Nov 25  -- Core Precious Development Sdn Bhd, a joint venture (JV) company between China Communications Construction Group (CCCG) and WCT Holdings Bhd, today opened its newly launched RM1.4 billion residential project Core Residence @ TRX for booking.