News List

VR Technology A Boon For Prospective Property Buyers

By Zarul Effendi Razali

KUALA LUMPUR, June 27 (Bernama) -- Property buyers in Malaysia will soon be able to view prospective properties via virtual reality (VR) technology, which provides a 360-degree realistic viewing experience.

SP Setia To Raise RM3.6 Bln To Fund I&P Group Acquisition

KUALA LUMPUR, June 22 (Bernama) -- SP Setia Bhd plans to raise RM3.6 billion via rights issue, rights issue of new class B Islamic redeemable convertible preference shares (RCPS-I B) and proposed placement of new shares to mainly fund the acquisition of I&P Group Sdn Bhd from Permodalan Nasional Bhd.

PASFA To Venture Into Property Development

KUANTAN, June 22 (Bernama) --The Pahang Farmers' Organisation (PASFA) is venturing into housing construction and property development to generate more income, said its chairman Datuk Mustaffar Kamal Ab Hamid.

PR1MA Signs Agreement With Banks For RM5 Bln Working Capital

PUTRAJAYA, June 21 (Bernama) -- Perbadanan PR1MA Malaysia has signed an agreement with four banks to raise RM5 billion through a combination of a sukuk programme and revolving credit facility, to be used as a medium-term credit facility to support its commitment to 89 PR1MA projects.

REA Group Appoints Ruiz As CEO For Asia Business

KUALA LUMPUR, June 21 (Bernama) -- Global online real estate advertising company, REA Group Ltd, has appointed Henry Ruiz Chief Executive Officer (CEO) for REA Group Asia with immediate effect.

Titijaya Land To Launch Two High-rise Residential Projects In Q317

PETALING JAYA, June 21 (Bernama) -- Titijaya Land Bhd aims to launch two high-rise residential projects with a RM3.25 billion gross development value (GDV) by the third quarter of this year. Launches Mobile App For Market Price Comparison

KUALA LUMPUR, June 19 (Bernama) -- Future homeowners will be able to actively compare property prices in the market through the mobile app.

SP Setia's Australian Venture Records 70 Pct Take-up Rate

KUALA LUMPUR, June 19 (Bernama) -- Property developer SP Setia Bhd's mixed development project in the Melbourne Central Business District (Melbourne CBD), the Sapphire By The Gardens, recorded an over 70 per cent take-up rate within the first week of launch.

Elara Tech, REA Group Tie-Up For Global Property Listings

KUALA LUMPUR, June 15 (Bernama) -- India's Elara Technologies' group of companies have teamed up with global property consultant REA Group offering buyers access to international properties in 72 countries, it was announced here.

Hope Of Celebrating Aidilfitri In New Home Dashed, Developer Fails To Get Housing Project Ready

TELUK INTAN, June 7 (Bernama) -- The hope of celebrating this Aidilfitri at their new home for house buyers at a housing project in Kampung Padang Tembak has been shattered as work on basic utilities and infrastructure in the area is not ready.