News List

Terengganu Reduces Affordable House Price From RM73,000 To RM68,000

DUNGUN, July 13 (Bernama) -- The Terengganu government has decided to bring down the price of affordable houses in the state from RM73,000 to only RM68,000, said Menteri Besar Datuk Ahmad Razif Abdul Rahman.

Sime Darby Shares Up On Land Sale Deal

KUALA LUMPUR, July 7 (Bernama) -- Sime Darby Bhd's shares rose in early trade after announcing the sale of 54.63 hectaresa of land in Sungai Buloh to Eastern and Oriental Bhd for RM239.8 million.

80,000 Affordable Houses To Be Built In FT To Prevent Marginalisation Of Urban Malays

KUALA LUMPUR, June 26 (Bernama) -- Some 80,000 units of affordable houses will be built in the Federal Territories over a five-year period to overcome the problem of marginalisation of Malays in home ownership in the urban areas.

AmFirst Reit To Add New Properties To Investment Portfolio

KUALA LUMPUR, June 23 (Bernama) -- AmFirst Real Estate Investment Trust (AmFirst REIT) is looking for new properties to add to its investment portfolio, said Head Investment, Panneer Selvam.

Sarawak Forms Entity To Safeguard Real Property Of Bumiputeras

KUCHING, June 23 (Bernama) -- Sarawak has set up an entity to safeguard and retain the real property of the Malays and other bumiputeras within these communities.

Convention To Discuss New Strategies On Buying Properties

By Zarul Effendi Razali

KUALA LUMPUR, June 22 (Bernama) -- The Property Investment Convention 2014 from July 12-13, will discuss strategies on buying properties in Malaysia amid the new rules being implemented in the sector and the impending goods and services tax (GST).

Stringent Loan Policy Restricts Sale Of Bumi Housing Quota In Melaka - Rehda

MELAKA, June 20 (Bernama) -- The stringent housing loan policy by Bank Negara Malaysia (BNM) is among the factors that make it difficult for developers to sell the Bumiputera housing quota units, leading to a glut in such units especially in this state.

Sime Darby Property Named Asia's Top 10 Developers 4 Years Running

KUALA LUMPUR, June 20 (Bernama) -- Sime Darby Property Bhd is once again placed in the Top Ten Developers in the BCI Asia Awards 2014 for its commitment towards sustainable development, making this its fourth consecutive win.

Kimlun Shares Rise On Positive Announcement Of Property Project

KUALA LUMPUR, June 20 (Bernama) -- Kimlun Corp Bhd shares on Bursa Malaysia rose mid-morning after the company said it will launch its second property project by year-end.

Felcra Plans To Expand Investments In Real Estate, Buildings

RAUB, June 19 (Bernama) -- Felcra Bhd will expand its investments in real estate and buildings to expand its business in the future.