News List

Cabinet Approves Hire Purchase System To Help Needy Own Houses - Noh

PORT DICKSON, Aug 7 (Bernama) -- The cabinet last week approved the implementation of the 'hire purchase' system to help the needy to own a house, said Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar.

ABM Urges First-time Home Buyers To Consider Seeking SRP Assistance In Property Purchase

KUALA LUMPUR, Aug 10 (Bernama) -- The Association of Banks in Malaysia (ABM) has urged first-time home buyers to consider applying for government schemes such as My First Home Scheme (SRP) for assistance in property purchase.

I-Bhd's Two Home Office Projects Get 100 Pct Take-up

KUALA LUMPUR, Aug 10 (Bernama) -- I-Bhd, the master developer of i-City, has registered a 100 per cent take-up rate for its two home office suite projects with the sales of the remaining i-Suite and i-SoHo units in i-City.

Kepala Batas Residents Cast Suspicion Over Rent-To-Own Housing Scheme

KEPALA BATAS, Aug 11 (Bernama) -- Kepala Batas residents are suspicious over a Rent-To-Own housing scheme by Sekretariat Komuniti Prefer Malaysia (SKPM), which offers condominiums and apartments with swimming pool and furniture, and with no maintenance fee and property assessment tax.

IGB Unit To Sell Renaissance Kuala Lumpur Hotel For RM765 Million

KUALA LUMPUR, Aug 15 (Bernama) -- IGB Corp Bhd's wholly-owned unit, Great Union Properties Sdn Bhd, has signed a conditional sale and purchase agreement with Ventura International Sdn Bhd to dispose of Renaissance Kuala Lumpur Hotel for RM765 million.

Sime Darby Inks Framework Agreement With Japan Residential Asset Manager

KUALA LUMPUR, Aug 15 (Bernama) -- Sime Darby Bhd's indirect subsidiaries, Sime Darby Property Singapore Ltd and Hastings Deering (Australia) Ltd (HDAL), have entered into a framework agreement with Japan Residential Asset Manager Ltd (JRAM) for industrial properties disposal in Australia.

iProperty: Growing Demand For Larger Properties With 3 Bedrooms Or More

KUALA LUMPUR, Aug 15 (Bernama) -- There is a growing demand for larger properties with three bedrooms or more in Malaysia, says The iProperty Group, owner/operator of property website, iProperty.

Le Meridien Putrajaya Targets 60 Per Cent Occupancy Rate

PUTRAJAYA, Aug 18 (Bernama) -- Just-launched Le Meridien Putrajaya is optimistic of enjoying an occupancy rate of 60 per cent in the first twelve months of its operations

IJM, Allianz Introduce First Triple Insurance Protection

KUALA LUMPUR, Aug 19 (Bernama) -- Property giant, IJM Land Bhd has collaborated with Allianz Malaysia Bhd to introduce the first triple insurance protection scheme in Malaysia -- HomeTIPS -- to provide protection for house buyers.

MIEA Expects Property Sector To Pick Up By Second Half Of 2017

KUALA LUMPUR, Aug 23 (Bernama) -- The property sector's transaction volume and value are expected to pick up by the second half of 2017 as the market has already hit the bottom this year.