News List

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.

Sungai Buloh Land Development Will Be Positive To Construction Sector, Says HLIB Research

KUALA LUMPUR, Jan 16 (Bernama) -- Hong Leong Investment Bank Research (HLIB Research) expects the development of 942 hectares of land in Sungai Buloh by the Employees Provident Fund's (EPF) wholly-owned unit, Kwasa Land Sdn Bhd, to benefit the construction sector.

IOI Properties Makes Debut On Main Market With 70 Sen Premium From RM2.51 Reference Price

KUALA LUMPUR, Jan 15 (Bernama) -- The IOI Properties Group Bhd made its debut on the Main Market of Bursa Malaysia today, with the opening price at RM3.21 a share, a 70 sen premium from its reference price of RM2.51, with 671.5 million shares transacted.