News List

Property Mart Players Gather In Hong Kong For MIPIM Asia 2011

From Tengku Noor Shamsiah Tengku Abdullah

HONG KONG, Nov 14 (Bernama) -- Property market players, including from Malaysia, are set to converge at MIPIM Asia 2011, a preeminent real estate event in the Asia-Pacific beginning Tuesday till Nov 17 at the Hong Kong Convention and Exhibition Centre.

Pavilion REIT Eyes RM695.2 Million IPO

KUALA LUMPUR, Nov 14 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT), which is en route for a main market listing on Dec 7, will use part of its proceeds as part payment for the acquisition of the initial property portfolio and to pay for a capital loan.

More Developers Turning To Environology To Plan Attractive Projects

KUALA LUMPUR, Nov 14 (Bernama) -- An increasing number of property developers are turning to environology or "feng shui" or geomancy as part of their planning to build better homes and offices and produce a win-win situation for them and buyers, says renowned Malaysian environology expert, Prof Master David Koh.

OCBC Bank Offers Loans To Purchase Properties In Australia

KUALA LUMPUR, Nov 14 (Bernama) -- OCBC Bank (Malaysia) Berhad (OCBC Bank) is for the first time, offering a new mortgage loan facility, to finance the purchase of residential properties in prime sections of Sydney and Melbourne, Australia.

9,278 House Buyers Benefit From Revival Of 83 Abandoned Projects

KUALA LUMPUR, Nov 13 (Bernama) -- Eighty-three of 167 housing projects abandoned since 2009 were revived as of end of October this year, said Housing and Local Government Minister Datuk Seri Chor Chee Heung.

Malaysian Property Developers To Participate In MIPIM Asia 2011

SINGAPORE, Nov 11 (Bernama) -- Malaysian property developers, IJM Land Bhd, Selangor State Development Corp and Sunway Bhd, will showcase some of their projects at the Malaysian Pavillion at the MIPIM Asia 2011, which will be held in Hong Kong from Nov 15-17, 2011.

Dijaya Corp, Ivory Properties In RM10 Billion Penang Property Venture

KUALA LUMPUR, Nov 11 (Bernama) -- Lifestyle property developer Dijaya Corporation Bhd and Ivory Properties Group Bhd (Ivory), will join hands to develop a mixed residential and commercial property in Bayan Mutiara, Penang with a gross development value of RM10 billion.

DTSB, Iskandar Unit In RM600 Million Condo Deal

KUALA LUMPUR, Nov 11 (Bernama) -- Iskandar Investment Berhad's (IIB) flagship development Medini in Iskandar Malaysia, Johor continues to lure investors, with the latest being local property developer Darul Tinggi Sdn Bhd (DTSB) via a joint-venture company (JVC).

SHEDA Upbeat On Sarawak Property Market

By Edward Subeng Stephen

SIBU, Nov 11(Bernama) -- The demand for affordable houses and commercial properties is expected to reach a new peak in the state soon, says the Sarawak Housing and Real Estate Developers' Association (SHEDA).

Marked Increase In House Prices Says Kedah BN Youth Chief

ALOR SETAR, Nov 11 (Bernama) -- There has been a marked increase in house prices in Kedah, especially in the city, during the past three years due to policy changes by the Pas government, said Kedah Barisan Nasional Youth chief Badrulhisham Hashim here, Friday.

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