News List

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.

Government Purchases 618 Shophouses To Boost Bumiputera Property Ownership

KUALA LUMPUR, Dec 12 (Bernama) -- The government has purchased 618 units of shophouses nationwide in order to increase Bumiputera property ownership, said Minister in the Prime Minister's Department Senator Datuk Seri Abdul Wahid Omar.

SP Setia Enjoys Best Year Ever In 2013 With Record Sales

KUALA LUMPUR, Dec 12 (Bernama) -- SP Setia Bhd enjoyed its best year ever in the financial year ended Oct 31, 2013 with RM8.241 billion in sales, exceeding the target of RM5.5 billion.

Da Land To Develop RM5 Billion World-class Theme Park In Rawang

By Mohd Iswandi Kasan Anuar

KUALA LUMPUR, Dec 11 (Bernama) -- Property developer, DA Land Sdn Bhd, will develop indoor and outdoor world-class theme parks on a 20.4ha site in Rawang, costing a cumulative RM5 billion next year.