News List

MREITs To Experience Quiet 2014, Says Kenanga

KUALA LUMPUR, Jan 7 (Bernama) -- The Malaysia Real Estate Investment Trust (MREITs) is expected to experience a quiet year for asset acquisition in 2014 due to the low cap environment for both office/industrial and retail properties, says Kenanga Research.

Kenanga Maintains Overweight On Property Sector

KUALA LUMPUR, Jan 6 (Bernama) -- Kenanga Research has maintained its "overweight" rating on the property sector following low valuations for large cap developers.

GSH Corp Buys Majority Stake In Sutera Harbour Resort

KOTA KINABALU, Jan 2 (Bernama) -- Sutera Harbour Resort has announced a joint venture partnership with GSH Corporation Ltd, a company listed on the Main Board of the Singapore Exchange.

POC 2014 Aims To Sustain Attractiveness Of Local Properties To Foreign Investors

KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's leading property conference, Property Outlook Conference 2014 (POC 2014), to be held on Jan 11 and 12, will focus on sustaining attractiveness of the local property industry to foreign investors.

Curah Bahagia To Acquire 24.95 Hectare of Land For RM145 Million

KUALA LUMPUR, Dec 31 (Bernama) -- Curah Bahagia Sdn Bhd, a wholly-owned subsidiary of Ecofirst Consolidated Bhd (ECB), is acquiring 24.95 hectares of freehold land in Mukim Ulu Kelang, Daerah Gombak, Selangor, for RM145 million.

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.