News List

iProperty Group Records 44 Per Cent Revenue Growth In H1 2014

KUALA LUMPUR, Aug 7 (Bernama) -- iProperty Group Ltd, the owner of property portal sites under the iProperty brand ( in Malaysia, Indonesia, Hong Kong, Macau and Singapore, has announced a 44 per cent growth in revenue to A$11.0 million for the first half (H1) of 2014.

Mara Aspires To Own RM1 Billion Worth Of Real Estate Overseas

KUALA LUMPUR, Aug 5 (Bernama) -- Majlis Amanah Rakyat (Mara) has set a target of owning RM1 billion worth of real estate overseas in the next two to three years.

Axis REIT Ready For GST

KUALA LUMPUR, Aug 5 (Bernama) -- Trust manager, Axis REIT Managers Bhd, is prepared for the launch of the goods and services tax (GST), saying it will have a neutral impact on the real estate investment trust (REIT) industry.

Australia's REA Group Acquires 17.2 Pct Stake In iProperty

KUALA LUMPUR, July 31 (Bernama) -- iProperty Group's new major shareholder REA Group has acquired a 17.2 per cent stake in the company worth AU$106 million.

Mah Sing Completes Acquisition Of Land In Bandar Meridin East For RM401.16 Million

KUALA LUMPUR, July 18 (Bernama) -- Mah Sing Group Bhd has completed the acquisition of 547.07 hectares in Bandar Meridin East in Pasir Gudang, Johor for RM401.16 million.

Terengganu Allocates 10 Percent PPR Houses For Bachelors

KUALA TERENGGANU, July 13 (Bernama) -- The Terengganu state government has loosened its home ownership regulations for the People's Housing Project (PPR) by allocating a 10 per cent quota for eligible bachelors.

Johor Launches 'ResQ' For Better Housing Security

JOHOR BAHARU, July 13 (Bernama) -- Housing developers in Johor have been urged to consider equipping their housing projects with 'ResQ', a mobile security smart device using the latest digital technology application.

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.