News List

Building Industry Reminded To Reduce Dependence On Cheap Labour

KUALA LUMPUR, Nov 2 (Bernama) -- Building contractors were on Tuesday reminded to be too dependent on cheap labour, but instead use more highly-skilled manpower and practise efficient cost management.

MARC Affirms Ratings On Cagamas MBS' RM2.11 Billion Mortgage-backed Sukuk Musyarakah

KUALA LUMPUR, Nov 1 (Bernama) -- Malaysian Rating Corporation Bhd (MARC) has affirmed the AAA IS rating of Cagamas MBS Bhd's RM2

iProperty.com Gets MSC-Malaysia Status

KUALA LUMPUR, Oct 29 (Bernama) -- iProperty.com has been accorded the Multimedia Super Corridor (MSC) status by the Multimedia Development Corporation.

Sime Darby Reports Impressive Sales For Three Townships

KUALA LUMPUR, Oct 28 (Bernama) -- Sime Darby Property Bhd is achieving a high rate of sales for three townships -- Denai Alam in Shah Alam, Bandar Bukit Raja in Klang and USJ Heights in Subang Jaya.

Y&Y Property Plans Mixed Development With GDV Of RM200 Million

KUALA LUMPUR, Oct 28 (Bernama) -- Property developer Y&Y Property Development Sdn Bhd plans a mixed development with gross development value (GDV) of RM200 million, its business development and project director Kenny Yong said.

Bank Negara To Take Necessary Action To Contain Asset Bubbles

KUALA LUMPUR, Oct 28 (Bernama) -- Bank Negara Malaysia (BNM) will take pre-emptive action to avoid asset bubbles but has no intention to entail restrictions on genuine housebuyers taking up mortgages, Governor Tan Sri Dr Zeti Akhtar Aziz said on Thursday.

Plenitude Expects To Generate RM333 Milliobn GDV From New Projects

KUALA LUMPUR, Oct 28 (Bernama) -- Property developer, Plenitude Bhd expects its new property projects launched, to yield an estimated gross development value of RM333 million for the financial year ending June 30, 2011.

1 Shamelin To Generate RM30 Million Annual Rentals

KUALA LUMPUR, Oct 28 (Bernama) -- The 1 Shamelin, a nine-storey shopping mall in Taman Shamelin Perkasa, is expected to generate RM30 million in rentals annually, the mall's senior complex manager Wong Chee Keong said.

RM1.5 Billion Luxury Residential Development Planned At Bandar Enstek

KUALA LUMPUR, Oct 27 (Bernama) -- The Chedi brand, known for its luxurious resorts and hotels, will be making its debut in Malaysia in the form of a luxury residential development spread over 200 acres at Bandar Enstek.

Mutiara Goodyear Eyes GDV Of RM1.6 Billion For Launches Under Nadayu Brand

KUALA LUMPUR, Oct 27 (Bernama) -- Property developer, Mutiara Goodyear Development Bhd, expects the total gross development value (GDV) of RM1.6 billion for projects under the Nadayu brand.

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