News List

MK Land Wants Government To Give More Opportunities To Build Affordable Houses

IPOH, Aug 9 (Bernama) -- Housing developer, MK Land Holdings Bhd, wants the federal and state governments to offer more opportunities to developers to build more affordable houses for the people.

I-Bhd Q2 Pre-tax Profit Rises To RM25.7 Million

KUALA LUMPUR, Aug 8 (Bernama) -- I-Bhd's pre-tax profit for the second quarter ended June 30, 2014 increased by 221 per cent to RM25.7 million from RM8.01 million registered in the same period last year.

Prinsiptek Corp To Raise Rm34 Mln Via Corporate Exercise

PETALING JAYA, Aug 8 (Bernama) -- Prinsiptek Corp Bhd (PCB) has obtained shareholders' approval to undergo a corporate exercise to raise RM34 million via a rights issue which will enable the company to expand its property development business.

iProperty Group Records 44 Per Cent Revenue Growth In H1 2014

KUALA LUMPUR, Aug 7 (Bernama) -- iProperty Group Ltd, the owner of property portal sites under the iProperty brand (www.iproperty.com) in Malaysia, Indonesia, Hong Kong, Macau and Singapore, has announced a 44 per cent growth in revenue to A$11.0 million for the first half (H1) of 2014.

Mara Aspires To Own RM1 Billion Worth Of Real Estate Overseas

KUALA LUMPUR, Aug 5 (Bernama) -- Majlis Amanah Rakyat (Mara) has set a target of owning RM1 billion worth of real estate overseas in the next two to three years.

Axis REIT Ready For GST

KUALA LUMPUR, Aug 5 (Bernama) -- Trust manager, Axis REIT Managers Bhd, is prepared for the launch of the goods and services tax (GST), saying it will have a neutral impact on the real estate investment trust (REIT) industry.

Australia's REA Group Acquires 17.2 Pct Stake In iProperty

KUALA LUMPUR, July 31 (Bernama) -- iProperty Group's new major shareholder REA Group has acquired a 17.2 per cent stake in the company worth AU$106 million.

Mah Sing Completes Acquisition Of Land In Bandar Meridin East For RM401.16 Million

KUALA LUMPUR, July 18 (Bernama) -- Mah Sing Group Bhd has completed the acquisition of 547.07 hectares in Bandar Meridin East in Pasir Gudang, Johor for RM401.16 million.

Terengganu Allocates 10 Percent PPR Houses For Bachelors

KUALA TERENGGANU, July 13 (Bernama) -- The Terengganu state government has loosened its home ownership regulations for the People's Housing Project (PPR) by allocating a 10 per cent quota for eligible bachelors.

Johor Launches 'ResQ' For Better Housing Security

JOHOR BAHARU, July 13 (Bernama) -- Housing developers in Johor have been urged to consider equipping their housing projects with 'ResQ', a mobile security smart device using the latest digital technology application.

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