News List

Canada's Housing Market Cools: Report

VANCOUVER, June 14 (Bernama) -- Canada's housing market conditions have cooled in the first quarter of the year but continues to outperform other developed nations, according to Scotiabank.

I-Bhd Eyes 50 Per Cent Contribution From Property Developments To Net Profit

By Muammar Kamarudin

SHAH ALAM, June 12 (Bernama) -- I-Bhd, the developer of the digital township i-City, expects property developments to contribute half of its net profit in the next few years with 40 per cent coming from its leisure business and the balance from its property investments

Iproperty Group Raises A$10 Mln Via Share Placement

KUALA LUMPUR, June 8 (Bernama) -- iProperty Group Ltd, the owner of Asia's number one network of property portals under the iProperty brand, has raised A$10 million through a private placement of new ordinary shares to existing shareholders and new institutional and sophisticated investors at an issue price of A$1 per share.

iProperty.com Malaysia Expands Market Presence To Penang

KUALA LUMPUR, June 8 (Bernama) -- iProperty.com aims to participate in the growth of local markets and offer an improved service in the northern region with the opening of its new branch in Penang today.

Higher Density Ratio Makes Houses More Affordable, Says REHDA

PETALING JAYA, June 5 (Bernama) -- Allowing existing lands to reach a higher density ratio would make houses more affordable.

Selangor Low-cost Flat Dwellers May Get Up To 25 Per Cent Cut On Assessment Rates

SHAH ALAM, June 4 (Bernama) -- The Selangor government is giving a 20 to 25 per cent discount on assessment rates to low-cost flat dwellers in the state.

Setia Haruman To Invest RM2.5 Billion To Develop Mixed Residential Projects In Cyberjaya

CYBERJAYA, June 1 (Bernama) -- Master Developer of Cyberjaya, Setia Haruman Sdn Bhd, is investing RM2.5 billion over the next five years to develop four mixed residential projects in Cyberjaya, dubbed an "Intelligent City".

iProperty's App Garners Recognition In Anthill SMART 100

KUALA LUMPUR, May 31 (Bernama) -- The iProperty Group's property search app has been named one of Australia's most innovative products in the Anthill Magazine Smart 100 Index.

Bumi Quota Increase For Commercial Buildings A Burden - Gerakan

ALOR SETAR, May 30 (Bernama) - The Kedah government decision to increase the bumiputera quota for commercial buildings developed on converted agricultural land has become a burden.

No Softening Of Property Price Decline In Our Projects, Says WCT

KUALA LUMPUR, May 30 (Bernama) -- WCT Bhd, the developer of the Bandar Bukit Tinggi township in Klang, says it has not seen any softening in the property price reduction in its projects although there is a slowdown in take-up rates.

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