News List

Medini Iskandar Malaysia Receives Boost With High-End Condo Project

KUALA LUMPUR, July 19 (Bernama) -- Iskandar Investment Bhd (IIB) and its Beijing-based partner, Qingdao Zhuoyuan Investment Holdings (Zhuoyuan), will build 2,600 units of high-end condominiums in Medini Iskandar Malaysia, Nusajaya.

MBSB Can Still Monetise Its Remaining Properties, Says OSK

KUALA LUMPUR, July 19 (Bernama) -- Malaysia Building Society (MBSB) still has many opportunities to monetise the property it currently owns, says OSK Research Sdn Bhd.

JPPH To Unveil KL Office Rent Index Tomorrow

KUALA LUMPUR, July 18 (Bernama) -- The Valuation and Property Services Department (JPPH) of the Ministry of Finance will introduce its 'Purpose-Built Office Rent Index Wilayah Persekutuan Kuala Lumpur' (PBO-RI WPKL) covering the first to fourth quarters of 2011 tomorrow.

Trinity Corp Mulls More Land Sale To Enhance Financial Footing

KUALA LUMPUR, July 17 (Bernama) -- Trinity Corp Bhd is planning further land sale worth at least RM100 million to RM200 million in the current financial year ending Jan 31, 2013 as part of efforts to strengthen its financial footing.

The Pavilion KL Extension Likely To Boost Pavilion REIT's Net Property Income

KUALA LUMPUR, July 16 (Bernama) -- The Pavilion Kuala Lumpur extension will boost Pavilion Real Estate Investment Trust's (Pavilion REIT) net property income by RM50 million, assuming a higher average rental.

Housing Project For Poor People To Be Ready Ahead Of Schedule

GUA MUSANG, July 14 (Bernama) - Construction of Public Housing Project (PPR) costing RM180 million promised at Galas state by-election in Nov 2010 is expected to be completed earlier than scheduled.

38,500 Units Of PPR Houses To Be Built In Three Years - Chor

GEORGE TOWN, July 13 (Bernama) -- The government will build 38,500 units of houses under the People's Housing Programme (PPR) throughout the country in three years, said Minister of Housing and Local Government Datuk Seri Chor Chee Heung.

UM Land Share Price Surges On Takeover Offer

KUALA LUMPUR, July 13 (Bernama) -- United Malayan Land Bhd's (UM Land) share price surged 12 sen or 5.085 per cent to RM2.48 as at 11am today, following a takeover offer from Seleksi Juang Sdn Bhd.

Selangor Assembly Approves Motion To Enable PKNS To Give Housing Discounts

SHAH ALAM, July 12 (Bernama) -- The Selangor State Assembly sitting Thursday passed a motion to allow property developer Selangor Economic Development Corporation (PKNS) to offer a seven per cent discount to all races keen to buy homes developed by the corporation.

SCP Property Eyes RM300 Million Profit From Eight Projects

By Farhana Poniman

KUALA LUMPUR, July 12 (Bernama) -- Property developer SCP Property Services Sdn Bhd eyes a total of between RM200 million and RM300 million gross profits from eight of its current and future projects, said Director Ahamad Latib.

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