News List

EcoWorld shares up on new JV with PowerChina

KUALA LUMPUR, June 17 (Bernama) -- Shares of Eco World Development rose slightly following the property developer's joint venture announcement with Fortune’s Global 500 companies, PowerChina Group, to jointly bid for infrastructure projects in Malaysia.

Scientex buys land to expand property development to Penang

KUALA LUMPUR, June 10 (Bernama) -- Scientex Bhd is buying six parcels of freehold land measuring 7.83 million square feet in Penang to expand its land bank for property development activities to the north from the southern part of Peninsular Malaysia. 

32,951 affordable homes completed in first quarter - Zuraida

CHUKAI, May 20 (Bernama) -- The Housing and Local Government Ministry completed 32,951 units of affordable homes in the first three months of this year.

Speedhome's 'no deposit but insurance' model to help with rent-to-own

KUALA LUMPUR, May 17 (Bernama) -- Speedhome, an end-to-end direct property transactional platform, is offering a solution for the rent-to-own scheme by using insurance instead of traditional deposits.

Four states primary contributors to property transactions in 2018

KUALA LUMPUR, May 17 (Bernama) -- Johor, Penang, Kuala Lumpur and Selangor continued to be the primary contributors to property transactions in 2018, as they accounted for 75 per cent of loans for property purchases, said PropertyGuru Malaysia.

More needs to be done in addressing gap in property market - PropertyGuru

KUALA LUMPUR, May 17 (Bernama) -- While Malaysians are satisfied with the government’s efforts in providing affordable housing to the people, the majority still feel that a more targeted approach could be taken to address the pressing gap in the property market.

New policy to address abandoned housing projects - Zuraida

GURUN, May 14 (Bernama) -- The Housing and Local Government Ministry is the midst of drafting a new policy on abandoned housing projects to fine tune the standard operating procedures (SOPs) to address the long standing problem.

S P Setia Bhd posts RM52.83 mln in net profit for Q1

KUALA LUMPUR, May 9 (Bernama) -- S P Setia Bhd posted a lower net profit of RM52.83 million in the first quarter ended March 31, 2019 (1Q19), compared with RM61.49 million during the corresponding period last year.

Perbadanan PR1MA lauds govt's decision to let programme continue

#SayangiMalaysiaku #SetahunMalaysiaBaharu

KUALA LUMPUR, May 8 (Bernama) -- Perbadanan PR1MA Malaysia (PR1MA) lauds the government’s decision to continue with its housing programme, carrying forward PR1MA's main objective of building quality houses in urban and suburban areas and making them affordable to the people, particularly the middle-income (M40) group.

Innovation, digital technologies to address demand for affordable house - PM

KUALA LANGAT, May 2 (Bernama) -- Innovation and digital technology will be the way forward in tackling  the demand for affordable houses in the near future, said Prime Minister Tun Dr Mahathir Mohamad.