News List

SPNB To Announce Study On Affordable Homes In Second Quarter Of 2014

ALOR SETAR, Dec 31 (Bernama) -- Syarikat Perumahan Negara Berhad (SPNB) is expected to announce the outcome of a study on the construction of affordable homes in the Klang Valley during the second quarter of 2014.

Wang-Zheng Unit To Dispose Of Land For RM25 Million

KUALA LUMPUR, Dec 30 (Bernama) -- Wang-Zheng Bhd's wholly-owned unit, New Top Win Sdn Bhd, has entered into a sale and purchase agreement with Bright Way Holdings Sdn Bhd to dispose of a leasehold industrial land in Port Klang for RM25 million cash.

Sentoria Group Acquires SASB For RM9 Million

KUALA LUMPUR, Dec 30 (Bernama) -- Sentoria Group Bhd has entered into a share purchase agreement with Interaktif Jasa Sdn Bhd and Interaktif Cerah Sdn Bhd, to purchase a 30 per cent stake in Sentoria Alfa Sdn Bhd (SASB) for RM9 million.

Iskandar Malaysia's Real Estate Sector Likened To 'Bee Buzzed Honey'

JOHOR BAHARU, Dec 29 (Bernama) -- Iskandar Malaysia's real estate sector has been likened to "bee buzzed honey", following the hive of activity in terms of projects within it.

Buyers Want Action Taken Against Developer For Raising House Prices

GEORGE TOWN, Dec 26 (Bernama) -- More than 70 medium low cost house owners at Centrio Avenue in Bukit Gambir here Thursday once again urged the DAP-led state government to take firm action against the developer of the project for raising prices.

IOI Properties To List On Jan 15, Set For RM8.13 Billion Market Cap

KUALA LUMPUR, Dec 26 (Bernama) -- IOI Properties Group Bhd (IOIPG), which is tentatively slated for a Main Board listing on Jan 15, 2014, will be the first initial public offering next year and is set for a RM8.130 billion market capitalisation at the reference price of RM2.51 per share.

Axis Reit Plans To Dispose Of Axis Plaza For RM34 Million

KUALA LUMPUR, Dec 26 (Bernama) -- Axis Reit Managers Bhd (ARMB), the manager of Axis Real Estate Investment Trust (Axis-REIT), has proposed to dispose of Axis Plaza for RM34 million to Collective Developers Sdn Bhd.

THP Sinar In JV With British Company To Provide Property Management Services In UK

KUALA LUMPUR, Dec 20 (Bernama) -- THP Sinar Sdn Bhd and OCS Group UK Ltd have formed a joint venture company, THPS-OCS Services Ltd, to provide property and facilities management services to Malaysian-owned or controlled properties in the United Kingdom.

Less Than 10% Of Property Owners Object To DBKL's New Assessment Rate

KUALA LUMPUR, Dec 16 (Bernama) -- Less than 10 per cent of about 500,000 property owners in the federal capital have sent letters of objection on the new assessment rate to be enforced by Kuala Lumpur City Hall (DBKL) on Jan 1 next year.

Malaysia Property Show In Singapore To Showcase Blue Chip Projects

SINGAPORE, Dec 13 (Bernama) -- The Malaysia Property Show this weekend at the Marina Bay Sands in Singapore will showcase blue chip properties.