News List

Focus On First-time Homebuyers In Budget - Bina Darulaman

KUALA LUMPUR, Oct 22 (Bernama) -- Property developer Bina Darulaman Bhd (BDB) has expressed hope that the government's incentives for the property sector in Budget 2016 would continue to ensure that low- and middle-income groups can afford a roof over their heads.

IOI Properties To Acquire Mayang Development For RM1.26 Billion

KUALA LUMPUR, Oct 20 (Bernama) -- IOI Properties Group Bhd has entered into a conditional share sale agreement with Tan Sri Lee Shin Cheng and Puan Sri Hoong May Kuan to acquire the entire equity interest in Mayang Development Sdn Bhd for RM1.26 billion.

Glomac Expects Better Sales For For Year 2016

KUALA LUMPUR, Oct 20 (Bernama) -- Property developer, Glomac Bhd, expects sales to improve in the financial year ending April 30, 2016 driven by new launches worth RM802 million.

75 Per Cent Malaysians Unhappy With Costly Properties: Survey

KUALA LUMPUR, Oct 20 (Bernama) -- PropertyGuru's latest survey shows three out of four Malaysians are unhappy with the current property market, citing expensive properties and lack of government action among the main reasons for dissatisfaction.

AMCORP Properties Investment In Japan's Real Estate Close To RM102.2 Million

KUALA LUMPUR, Oct 20 (Bernama) -- AMCORP Properties Bhd's investment in Japan's real estate is close to Japanese Yen 2.9 billion or RM102.2 million.

IOI Properties Group Requests Suspension

KUALA LUMPUR, Oct 19 (Bernama) -- Property developer, IOI Properties Group Bhd, has requested for a suspension of trading of its shares, effective from 9am, Tuesday, Oct 20, pending a material announcement.

Penang Government New Housing Measure Only Help Developers - Gerakan

GEORGE TOWN, Oct 19 (Bernama) -- The Penang government's new measures on affordable home only benefit the developers not the lower-income earners, said Penang Gerakan Youth Legal and Public Complaints Bureau Chief Jason Loo.

Guocoland's Vintage Heights To Sell Land For RM474.99 Million

KUALA LUMPUR, Oct 19 (Bernama) -- Guocoland (M) Bhd's associate Vintage Heights Sdn Bhd is disposing of 679.2 hectares of land in Sepang, Selangor to Putrajaya Properties Sdn Bhd for RM474.99 million cash.

China's Property Investment Continues To Slow

BEIJING, Oct 19 (Bernama) -- Investment in China's property sector, once a major growth engine, continued to slow in the first three quarters of this year, Xinhua News Agency reported Monday.

Mah Sing Wants Government To Reinstate DIBS For First-Time Home-Buyers

KUALA LUMPUR, Oct 15 (Bernama) -- Mah Sing Group Bhd wanted the government to reinstate the Developer Interest Bearing Scheme (DIBS) in Budget 2016 only for the first-time home-buyers.

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