News List

Government To Impose New Condition To Curb Property Speculation

KUALA LUMPUR, Feb 17 (Bernama) -- The Ministry of Urban Wellbeing, Housing and Local Government plans to enforce a new condition to curb property speculation, said its Minister Datuk Abdul Rahman Dahlan.

Sunway REIT Invests About RM1 Billion To Refurbish Sunway Putra Place

PETALING JAYA, Feb 14 (Bernama) -- Sunway REIT Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (Sunway REIT), is investing about RM1 billion, as part of an asset enhancement initiative, to refurbish Sunway Putra Place comprising Sunway Putra Mall, Sunway Putra Hotel and Sunway Putra Tower.

Kedah Government Targets 8,100 Affordable Housing Units This Year

GURUN, Feb 13 (Bernama) -- The Kedah government targets to build 8,100 housing units this year to cater to public demands for affordable housing.

REHDA Wants Banks To Subsidise Interest Rates To Help Low-income Earners Own First House

GEORGE TOWN, Feb 13 (Bernama) -- Real Estate and Housing Developers Association (REHDA) has urged financial institutions to subsidise the property loan interest rates to help low-income earners own their first house.

WCT To Expand Investment Properties Portfolio

SHAH ALAM, Feb 11 (Bernama) -- Construction and property developer, WCT Holdings Bhd, aims to increase its investment properties business portfolio to about 35 per cent by 2018 from 15 per cent currently.

UEM Sunrise, KLK To Jointly Develop RM20 Billion Mixed Property Projects

KUALA LUMPUR, Feb 7 (Bernama) -- UEM Sunrise Bhd and Kuala Lumpur Kepong Bhd (KLK) will jointly develop two mixed property development in Gerbang Nusajaya and Fraser Metropolis in Johor with a gross development value (GDV) of RM20 billion.

Property Transactions Likely To Decline Amid Stringent Loan Conditions

GEORGE TOWN, Jan 24 (Bernama) -- Property transactions are likely to decline this year amid cautious sentiment and stringent housing loan regulations by financial institutions.

KLCC Property Pre-tax Profit Jumps To RM496.77 Mln In Q4

KUALA LUMPUR, Jan 21 (Bernama) -- KLCC Property Holdings Bhd's (KLCCP) pre-tax profit for the fourth quarter ended Dec 31, 2013 jumped to RM496.77 million from RM246.42 million in the same quarter last year.

Stop Pre-Launch Sales To Curb Excessive Speculation, Property Developers Urged

KUALA LUMPUR, Jan 21 (Bernama) -- Property developers should eliminate pre-launch sales to curb excessive speculation, said Minister in the Prime Minister's Department Datuk Seri Abdul Wahid Omar.

Leadership Transition Begins After Resignation Of SP Setia CEO, CFO And Foundation Chairman

KUALA LUMPUR, Jan 20 (Bernama) -- SP Setia Bhd has been given notice by Tan Sri Liew Kee Sin, Datuk Teow Leong Seng and Tan Sri Lee Lam Thye of their intentions to resign from their respective positions as President and Chief Executive Officer, Chief Financial Officer and Non-Independent, Non-Executive Director respectively.