News List

Homedec 2018 eyes sales of RM130 Mln

KUALA LUMPUR, April 26 (Bernama) -- C.I.S Network Sdn Bhd, the organiser of Home Design and Interior Exhibition (Homedec), expects to rake in over RM130 million in sales during its 16th edition this year, President Datuk Vincent Lim said.

SP Setia, Tradewinds to develop housing project for City Hall

KUALA LUMPUR, May 7 (Bernama)== Retro Highland Sdn Bhd, a special purpose vehicle jointly owned by SP Setia Bhd and Tradewinds Corporation Bhd, will undertake a housing privatisation project for the Kuala Lumpur City Hall (DBKL) in exchange for a 21.14-hectare land in Cheras, Kuala Lumpur.

REHDA urges govt to take holistic approach towards tackling housing issues

KUALA LUMPUR, May 14 (Bernama) -- The Real Estate and Housing Developers' Association Malaysia (REHDA) has urged the new Pakatan Harapan government to take a more holistic approach towards tackling some of the long pending issues, including affordable housing and increasing compliance cost.

Chin Hin unit to dispose of properties for RM21.12 mln

The properties are not used for any of the group's business operations and are non-core assets of the group and the disposal will also reduce the administrative time and effort to monitor the said properties.

Sime Darby Property, SP Setia deny wrongdoings in Battersea project

The initial capital invested into the project by the developers and the profit from the first phase is now being reinvested into developing the subsequent phases.

Sunway Property strengthens position to pursue growth in Singapore

KUALA LUMPUR, June 26 (Bernama) -- Sunway Bhd's wholly-owned property development unit in Singapore, Sunway Developments Pte Ltd (SDPL), has entered into a sale and purchase agreement with Hoi Hup Realty Pte Ltd to dispose of its 30 per cent equity interest in Hoi Hup Sunway Novena Pte Ltd (HHSN) for S$39.9 million (S$1 = RM2.9523).

I-berhad sees higher loan approvals for its properties

SHAH ALAM, June 26 (Bernama) -- Property developer, I-Berhad believes that the property sector is in the midst of an upward trajectory going by the increase in loans submissions and approval rate for the company's residential properties.

Home Ministry reviewing implementation of costly projects

PUTRAJAYA, July 5 (Bernama) -- The Home Ministry is reviewing the implementation of projects with high financial implications to the country, according to its secretary-general Datuk Seri Alwi Ibrahim.

Mah Sing named among top 10 developers in Malaysia

KUALA LUMPUR, July 9 (Bernama) -- Mah Sing Group Bhd was named as one of Malaysia's top 10 developers at the 2018 Building and Construction Asia's (BCI Asia) Developers award recently.

Tribunal for homebuyer claims settles 44,308 cases - Zuraida

PUTRAJAYA, July 9 (Bernama) -- A total of 44,308 out of 44,581 cases filed with the Tribunal for Homebuyer Claims (TTPR) were settled for the period between Jan 1, 2003 and June 30, this year, said Housing and Local Government Minister Zuraida Kamaruddin.