News List

UOA Development Signs Underwriting Agreement For IPO

KUALA LUMPUR, MAY 11 (Bernama) -- A leading property developers in Kuala Lumpur, UOA Development Bhd, today signed a retail underwriting agreement for its Initial Public Offering (IPO) on the Main Market of Bursa Malaysia Securities Bhd.

Neeraj Joins IPGA As Manager For New Projects

KUALA LUMPUR, May 10 (Bernama) -- IPGA Ltd, the owner of Asia's No. 1 network of property portal sites under the iProperty.com umbrella brand (www.iproperty.com), today announced that Neeraj V. Bhagchandani has joined the Kuala Lumpur-based regional team of the iProperty Group as Manager - New Projects.

AmFIRST Reits Records Lower Pre-Tax Profit

KUALA LUMPUR, May 9 (Bernama) -- AmFIRST Real Estate Investment Trust recorded a lower pre-tax profit of RM45.362 million for the financial year ended March 31, 2011, compared with RM54.057 million recorded last year.

2,000 Bumiputera Quota Houses Up For Grab In Melaka

MELAKA, May 9 (Bernama) -- A total of 2,078 houses of various categories for Bumiputera buyers are up for grab in Melaka, said Chief Minister Datuk Seri Mohd Ali Rustam.

REDHA Welcomes Initiative On Housing Public-Private Partnership

KUALA LUMPUR, May 6 (Bernama) -- The Real Estate and Housing Developers Association of Malaysia (REDHA) is keen to obtain more details of the public-private-partnership initiative mooted by Prime Minister Datuk Seri Najib Tun Razak to make available houses below RM220,000.

Affin Islamic Expects To Disburse RM50 Million Under New Financing Products

KUALA LUMPUR, May 6 (Bernama) -- Affin Islamic Bank Bhd today launched Affin Home Invest-i and Affin Business Premises Invest-i, and expects to disburse RM50 million under the new financing products this year

Affordable Houses For Younger Generation To Be Launched Jun Or July, PM Says

KUALA LUMPUR, May 6 (Bernama) -- The government will launch an affordable quality housing programme for houses priced at RM220,000 and below to enable the younger generation to own a house, Prime Minister Datuk Seri Najib Tun Razak said.

IProperty.com Files Application For Injunction Against Homeguru

KUALA LUMPUR, May 5 (Bernama) -- The Intellectual Property Court, Kuala Lumpur, Thursday granted an extension to HomeGuru Sdn Bhd (HGSB) to file their affidavit and their defence against a civil suit filed by iProperty.com Malaysia Sdn Bhd, owner and operator of iproperty.com.my.

Sunway Reit Records Pre-Tax Profit Of RM43.7 Million In Q3

KUALA LUMPUR, May 3 (Bernama) -- Sunway Real Estate Investment Trust (Sunway REIT) posted a pre-tax profit of RM43.7 million and a revenue of RM82.3 million for the third quarter ended March 31, 2011.

SpaceU8 Retail Mall To Yield Six To Seven Per Cent Return

SHAH ALAM, May 3 (Bernama) -- SpaceU8 Property Management Sdn Bhd expects its new urban retail stores mall project, space u8, to generate between six and seven per cent return.

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