News List

Research Firms Revise SP Setia's Earnings Forecast On Weaker First Quarter FY2014 Results

KUALA LUMPUR, March 21 (Bernama) -- Two research firms have revised downward their earnings forecast on SP Setia Bhd (SPSB) following the property developer's lower-than-expected first quarter results ended Jan 31, 2014.

SP Setia Eyes Sales Of RM5 Billion For FY14

SHAH ALAM, March 20 (Bernama) -- Property developer, SP Setia Bhd, aims to achieve sales of RM5 billion from its Malaysian and overseas projects for the financial year ending Oct 31, 2014 (FY14).

SP Setia Q1 Pre-Tax Profit Increases To RM147.16 Million

KUALA LUMPUR, March 20 (Bernama) -- SP Setia Bhd's pre-tax profit for the first quarter ended Jan 31, 2014 rose to RM147.16 million from RM135.731 in the same quarter of 2013.

Rehda Wants Gst Be Implemented Gradually

PETALING JAYA, March 10 (Bernama) -- The Real Estate and Housing Developers' Association Malaysia (REHDA) has proposed that the goods and services tax (GST) be implemented gradually as it will have an adverse impact on the affordability of housing to the people.

Asian Property Investors Should Be Welcomed, Says Aussie Minister

By Neville DCruz

MELBOURNE, March 8 (bernama) -- Foreign investment, which could see a proposed mini-city built in Melbourne's western suburbs, should be welcomed, not feared, Victoria's Planning Minister Matthew Guy says.

PropertyGuru To Host Malaysia Property Show At Marina Bay Sands On March 15-16

By Tengku Noor Shamsiah Tengku Abdullah

SINGAPORE, March 4 (Bernama) -- PropertyGuru, Singapore's #1 online property portal with the most real estate listings, has announced the Malaysia Property Show 2014 will be held at The Marina Bay Sands on March 15 and 16 from 10am to 7pm.

Property Market Outlook On Penang Mainland Likely To Be Bullish In Second Half This Year

BUTTERWORTH, March 4 (Bernama) -- The property market outlook in mainland Penang is likely to be bullish in the second half of this year, boosted by rising activities due to the new Sultan Abdul Halim Mu'adzam Shah Bridge, a property consultant said today.

ID Tag For Real Estate Negotiators From This May

PUTRAJAYA, March 4 (Bernama) -- Real estate negotiators will use identification tags, from this May to curb the activities of illegal agents.

Tightening Measures Will Significantly Curb Property Speculation, Says Consultant

KUALA LUMPUR, Feb 25 (Bernama) -- The tightening measures implemented by the government will significantly curb excessive speculative activity in the property sector, an international property consultant said.

PKNS Property Collection 2014 Records Sales Of RM8.6 Million

KUALA LUMPUR, Feb 18 (Bernama) -- The ongoing PKNS Property Collection 2014 at the SACC Mall in Shah Alam, from Feb 14-March 9, has managed to record sales of RM8.6 million so far.