News List

PPZ-MAIWP Launches Easy Formula For Property Tithe

KUALA LUMPUR, Aug 19 (Bernama) -- The Federal Territory Islamic Religious Council Tithe Collection Centre (PPZ-MAIWP) today launched its property tithe easy calculation formula campaign.

Abandoned Houses, Civil Servants Incur Losses Of More Than RM50 Million - CUEPACS

KUALA LUMPUR, Aug 18 (Bernama) -- Civil servants incur losses amounting to more than RM50 million within the last 10 years due to the action of irresponsible housing developers.

SKB's Unit To Acquire Land From PKNS For RM54.9 Million

KUALA LUMPUR, Aug 14 (Bernama) -- SKB Shutters Corporation Bhd's wholly-owned unit, SKB Shutters Manufacturing Sdn Bhd (SKBSM) has accepted an offer from the Selangor State Development Corporation (PKNS) to acquire a piece of land in Petaling Jaya for RM54.905 million.

Kampung Seri Temenggung Housing Project Expected To Be Completed By 2019

KUALA LUMPUR, Aug 14 (Bernama) -- The Selangor State Development Corporation (PKNS)'s housing project in Kampung Seri Temenggung, Gombak, involving 418 units of affordable homes, is expected to be completed by 2019.

SRS Consortium Appointed Project Delivery Partner For RM27 Billion PTPM Projects

KUALA LUMPUR, Aug 14 (Bernama) -- The SRS Consortium comprising Gamuda Bhd (60 per cent), Loh Phoy Yen Holdings Sdn Bhd (20 per cent) and Ideal Property Development Sdn Bhd (20 per cent) has been appointed the Project Delivery Partner for the RM27 billion Penang Transport Master Plan (PTMP) projects.

Kenanga Revises Downwards Sunway REIT's FY16 Earnings Forecast

KUALA LUMPUR, Aug 12 (Bernama) -- Kenanga Research has revised downwards Sunway Real Estate Investment Trust's (Sunway REIT) financial year 2016 (FY16) earnings forecast by 2.8 per cent to RM278 million on expectation of a lower occupancy rate and weaker hotel segment.

Malaysia's Property Sector One Of Region's Most Dynamic: Ensign Media

KUALA LUMPUR, Aug 12 (Bernama) -- Malaysia's property sector remains one of the most dynamic markets in the region, as proven by price growth in the past year and a highly active second quarter transaction volume, said Ensign Media chief executive officer Terry Blackburn.

Affin's TRX Land Purchase A Remarkable Deal - Property Consultant

By S.Joan Santani

KUALA LUMPUR, Aug 11 (Bernama) -- The acquisition of the Tun Razak Exchange (TRX) land by Affin Holdings Bhd Group, despite negatively impacting its share price, is a remarkable deal, says a property consultant.

Penang State Government Mulls Opening Up New Range Of Affordable Housing

GEORGE TOWN, Aug 11 (Bernama) -- Penang state government is considering to open up a new range of affordable housing amid high loan rejection by banks, says state housing exco Jagdeep Singh Deo.

Matrix Concepts Posts Lower Pre-Tax Profit In Q2

KUALA LUMPUR, Aug 10 (Bernama) -- Property developer, Matrix Concepts Holdings Bhd recorded a lower pre-tax profit of RM41.35 million in the second quarter ended June 30, 2015 from RM58.55 million in the same period last year.

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