News List

Housing installments for affordable homes expected to go down by 20 per cent

PUTRAJAYA, Aug 22 -- The monthly installment payment for borrowers under the Affordable Housing Fund is expected to be reduced by 20 per cent.

Matrix Concepts confident of further growth amid challenges in property sector

SEREMBAN, Aug 21 -- Matrix Concepts Holdings Bhd, which saw its revenue surpass RM1 billion for the first time in the last financial year, is optimistic that its growth trend will continue in the current year despite the challenges in the property sector.

B-Land eyes to launch Tower B of The Tropika this year

KUALA LUMPUR, Aug 21 -- Berjaya Land Bhd (B-Land) is targeting to launch its Tower B of The Tropika development project in Bukit Jalil by this year, driven by the HouzKEY initiative, in partnership with Maybank.

PropertyGuru Market Index up 0.8 pct on improved buyer sentiment

KUALA LUMPUR, Aug 20 -- The PropertyGuru Market Index increased 0.8 per cent to 86.2 in the second quarter of this year from 85.4 in the previous quarter on improved buyer sentiment in the country due to government initiatives and intervention.

BCB optimistic of good take-up for Broadleaf Residences

By Nurqalby Mohd Reda

SHAH ALAM, Aug 10 (Bernama) -- Property developer BCB Bhd is optimistic of good take-up for its Broadleaf Residences luxury development in Persiaran Anggerik Renantanda, Kota Kemuning here which was launched in July.

GSB proposes to acquire property development companies

KUALA LUMPUR, Aug 9 (Bernama) -- GSB Group Bhd is planning to boost its property development business through the proposed acquisition of four property development companies for RM714.71 million.

Ministry to work with financial providers to address loan rejection by banks

KUALA LUMPUR, Aug 6 (Bernama) -- To ease the housing glut which mainly arises from loan rejection, the Housing and Local Government Ministry is looking to work with financial providers other than banks to provide home loans.

Mah Sing acquires prime land in Wangsa Melawati for RM61.97 mln

KUALA LUMPUR, Aug 6 (Bernama) -- Mah Sing Group Bhd today inked its third land purchase for this year, acquiring a 1.827-hectare (4.515 acres) prime land in Wangsa Melawati, Mukim Setapak for approximately RM61.97 million.

Govt agrees to land insurance security to prevent property fraud

PUTRAJAYA, Aug 2 (Bernama) -- The government has agreed in principle to the proposal of land insurance security concept for land transactions, said the Water, Land and Natural Resources Ministry.

SEDA allows property developers reserve NEM quota for new projects from Aug 5

PUTRAJAYA, Aug 2 (Bernama) -- Property developers are allowed to reserve Net Energy Metering (NEM) quota for new projects starting Aug 5, said Sustainable Energy Development Authority (SEDA) Malaysia.