News List

Senate: New Move To Curb Collective Purchase Of Real Estate For Easy Profit

KUALA LUMPUR, May 15 (Bernama) -- The government is to enforce an initiative on May 15 to curb the collective purchase of real estate for subsequent sale at a higher price for easy profit, the Dewan Negara was told Monday.

SOS For Low-income Group To Own House

GEORGE TOWN, April 29 (Bernama) -- The Penang government has introduced the Shared Ownership Scheme (SOS) to assist the low-income group to own a house through the purchase of 104 low-cost units in Taman Sungai Duri Permai, Sungai Duri in Seberang Perai Selatan, near here.

More Than RM300 Million Allocated To Local Governments This Year

MELAKA, April 29 (Bernama) -- The Ministry of Urban Wellbeing, Housing and Local Government has allocated an annual grant of RM302.2 million to all local governments this year.

Horizon Outlet Buys Land From Sime Darby Property To Build KLIO

KUALA LUMPUR, April 25 (Bernama) -- Horizon Outlet Shoppes Sdn Bhd has agreed to purchase 16.19 hectares of land from Malaysian conglomerate Sime Darby Property Bhd to build the Kuala Lumpur International Outlets (KLIO).

EcoWorld Proposes Corporate Exercise To Increase Market Presence

KUALA LUMPUR, April 25 (Bernama) -- Property developer, Eco World Development Group Bhd (EcoWorld), is proposing a corporate exercise that will help increase its landbank and presence in the market.

Moratorium Can Curb Real Estate Speculation In Federal Territories - Loga Balan

KUALA LUMPUR, April 23 (Bernama) -- The government has set a moratorium of 10 years on the Federal Territories Affordable Housing (Rumawip) projects and 1Malaysia Civil Servants Housing (PPA1M) projects to curb real estate speculation.

Khairy Impressed At SP Setia's Projects In Melbourne

By Neville D'Cruz

MELBOURNE, April 22 (Bernama) -- Youth and Sports Minister Khairy Jamaluddin said he was delighted with the outstanding work the Malaysian company, SP Setia Bhd, has undertaken to become a prominent developer in Australia.

Malaysia's Property Market Expected To Increase And Stabilise In 2014

KUALA LUMPUR, April 22 (Bernama) -- Malaysia's property market is expected to increase in terms of value and to stabilise in terms of transaction in 2014, based on the country's economic growth projection at the rate of between 5.0 per cent and 5.5 per cent this year.

A Tall Order For First Time Home Buyers

By Siti Nur Suraya Ali

KUALA LUMPUR (Bernama) -- Buying a property nowadays appears to be a daunting task especially with the property prices escalating beyond the affordability of most people.

UEM Sunrise Eyes 70 Per Cent Take-Up Rate For Residensi 22 Block B

KUALA LUMPUR, April 18 (Bernama) -- UEM Sunrise Bhd eyes a 70 per cent take-up rate for its newly-launched Block B of Residensi 22 Mont'Kiara condominium by year-end.

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