News List

Preserving Wealth Via Gold And Silver Bullion Easier For Middle-income Workers

By Mohd Khairi Idham Amran

KUALA LUMPUR, Nov 1 (Bernama) -- Preservation of wealth in gold and silver bullion is easier and more affordable among middle-income workers compared with investing in properties, says a market player.

Malaysia's 2012 Office Property Mart Stable, Says Firm

KUALA LUMPUR, Oct 31 (Bernama) -- Malaysia's office property market is likely to remain fairly stable next year, but oversupply is expected in the next 18 months, says CB Richard Ellis (CBRE) Malaysia Sdn Bhd, a property consultancy firm.

Plenitude To Boost Landbank Size

KUALA LUMPUR, Oct 28 (Bernama) -- Property developer Plenitude Bhd is on the look-out for more land in Malaysia and other Asean countries in order to boost its landbank size, its executive chairman Elsie Chua said.

iProperty Retains Top Spot

KUALA LUMPUR, Oct 27 (Bernama) -- iProperty Group Ltd, owner of Asia's top network of property and real estate portal sites, has maintained its leadership position in Malaysia with more agents, property developers and property listings driving a huge growth in consumer traffic.

Axis Reit To Acquire RM48.5 Million Properties From DHL

KUALA LUMPUR, Oct 25 (Bernama) -- Axis Real Estate Investment Trust (REIT) has proposed an acquisition and leaseback of a three-storey office block and a logistic warehouse complex for a total lump sum cash consideration of RM48.5 million from DHL Properties (Malaysia) Sdn Bhd.

Naza Says May Issue Bonds For KL Metropolis Project

KUALA LUMPUR, Oct 25 (Bernama) -- The Naza Group of Companies may look at the possibility of issuing bonds to finance its RM15-billion KL Metropolis project, said joint executive chairman SM Nasarudin SM Nasimuddin.

iProperty Bags Coveted Website Award In Malaysia, Hong Kong

KUALA LUMPUR, Oct 24 (Bernama) -- iProperty Group bagged the "Digital Media Company of the Year" award in the Property and Real Estate in Malaysia category and "GoHome.com as Property Portal of the Year 2011" in Hong Kong.

Adopt Build-then-sell Concept, Small Developers Urged

KUALA LUMPUR, Oct 20 (Bernama)-- Housing and Local Government Minister Datuk Chor Chee Heung has urged small housing developers to adopt the build-then-sell concept by 2015.

Government To Build 78,000 Units Of Low-Cost Houses

KUALA LUMPUR, Oct 20 (Bernama) -- The Housing and Local Government Ministry is targeting to build 78,000 units of low-cost houses in the country under the Public Housing Project and Housing Aid Programme of the 10th Malaysia Plan.

Government To Announce Higher Income Eligibility For Home Loan

KUALA LUMPUR, Oct 20 (Bernama) -- The decision to raise the minimum wage requirement for loan under the My First Home Scheme will be known next week, said Deputy Finance Minister Datuk Donald Lim.

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